Last $32.97 USD
Change Today -0.62 / -1.86%
Volume 1.1M
BBY On Other Exchanges
Symbol
Exchange
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As of 10:31 AM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

best buy co inc (BBY) Snapshot

Open
$33.34
Previous Close
$33.59
Day High
$33.55
Day Low
$32.88
52 Week High
11/13/13 - $44.66
52 Week Low
01/31/14 - $22.15
Market Cap
11.5B
Average Volume 10 Days
5.1M
EPS TTM
$2.19
Shares Outstanding
349.6M
EX-Date
09/9/14
P/E TM
15.0x
Dividend
$0.76
Dividend Yield
2.08%
Current Stock Chart for BEST BUY CO INC (BBY)

best buy co inc (BBY) Details

Best Buy Co., Inc. operates as a multi-national, multi-channel retailer of technology products in the United States, Canada, China, and Mexico. Its stores offer consumer electronics consisting primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and all related accessories. The company's stores also provide computing and mobile phone products, including notebook and desktop computers, tablets and e-readers, mobile phones and related subscription service commissions, and related accessories; entertainment products, such as video gaming hardware and software, DVDs, Blu-rays, CDs, digital downloads, and computer software; and appliances, including large and small appliances, and kitchen and bath fixtures, including faucets, sinks, toilets, and bathtubs. It also offers extended warranty service contracts, technical support, product repair, delivery, and installation services, as well as offers snacks and beverages. The company operates e-commerce operations, retail stores, and call centers; and conducts operations under various names, such as Best Buy, including BestBuy.com and BestBuy.ca; Best Buy Mobile; Five Star; Future Shop, including FutureShop.ca; Geek Squad; Magnolia Audio Video; and Pacific Sales. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

140,000 Employees
Last Reported Date: 03/28/14
Founded in 1966

best buy co inc (BBY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.2M
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $925.0K
Chief Human Resources Officer and President o...
Total Annual Compensation: $700.0K
Chief Merchandising Officer
Total Annual Compensation: $498.5K
General Counsel and Secretary
Total Annual Compensation: $794.3K
Compensation as of Fiscal Year 2014.

best buy co inc (BBY) Key Developments

Best Buy Announces Regular Quarterly Cash Dividend, Payable on October 2, 2014

The Board of Directors of Best Buy Co., Inc. has authorized the payment of a regular quarterly cash dividend of $0.19 per common share. The quarterly dividend is payable on October 2, 2014, to shareholders of record as of the close of business on September 11, 2014.

Best Buy Co., Inc. on Track to End 2014 with Approximately 50 Stores; Provides Earnings Guidance for the Third Quarter and Fourth Quarter of 2014

Best Buy Co., Inc. announced that in the home theater category, it opened 7 new Magnolia Design Centers stores-within-a-store and are on track to end the year with approximately 50 stores against 33 last year. As a result of all of business drivers and particularly in light of the fixed cost deleverage that will accompany an expected low single-digit comparable sales decline, the company is expecting the non-GAAP operating income rate in the third quarter and fourth quarter of 2014 to increase in line with the year-over-year improvements that it saw in the first half. Additionally, in the back half, the estimated diluted earnings per share impact of the discrete tax items will continue to be in the ranges of flat to negative $0.01 in the third quarter and negative $0.09 to $0.10 in the fourth quarter.

Best Buy Co., Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 3, 2014

Best Buy Co., Inc. reported unaudited consolidated earnings results for the second quarter and six months ended August 3, 2014. For the quarter, the company reported revenues of USD 8,896 million compared to USD 9,266 million a year ago. Operating income was USD 238 million compared to USD 413 million a year ago. Earnings from continuing operations before income tax expense was USD 225 million compared to USD 406 million a year ago. Net earnings from continuing operations were USD 146 million compared to USD 237 million a year ago. Net earnings attributable to the company shareholders were USD 146 million compared to USD 266 million a year ago. Basic and diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.69 a year ago. Diluted earnings per share was USD 0.42 compared to USD 0.77 a year ago. Non-GAAP operating income was USD 269 million compared to USD 205 million a year ago. Non-GAAP net earnings were USD 156 million compared to USD 112 million a year ago. Non-GAAP diluted EPS was USD 0.44 compared to USD 0.32 a year ago. For the six months, the company reported revenues of USD 17,931 million compared to USD 18,613 million a year ago. Operating income was USD 435 million compared to USD 581 million a year ago. Earnings from continuing operations before income tax expense was USD 405 million compared to USD 552 million a year ago. Net earnings from continuing operations were USD 606 million compared to USD 334 million a year ago. Net earnings attributable to the company shareholders were USD 607 million compared to USD 185 million a year ago. Diluted earnings per share from continuing operations was USD 1.73 compared to USD 0.97 a year ago. Diluted earnings per share was USD 1.73 compared to USD 0.54 a year ago. Net cash provided by operating activities was USD 487 million compared to USD 19 million a year ago. Additions to property and equipment were USD 258 million compared to USD 301 million a year ago. Non-GAAP operating income was USD 505 million compared to USD 432 million a year ago. Non-GAAP net earnings were USD 272 million compared to USD 222 million a year ago. Non-GAAP diluted EPS was USD 0.77 compared to USD 0.65 a year ago. Adjusted NOPAT was USD 1,233 million compared to USD 1,687 million a year ago. Non-GAAP return on invested capital was 10.0% compared to 9.1% a year ago. Return on assets was 6.7% compared to 1.3% a year ago.

 

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BBY

Industry Average

Valuation BBY Industry Range
Price/Earnings 12.3x
Price/Sales 0.3x
Price/Book 2.6x
Price/Cash Flow 12.3x
TEV/Sales 0.2x
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