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Best Buy Company, Incorporated (BBY)

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Bradbury H. Anderson , CEO/Vice Chairman/Director

www.bestbuy.com

Industry: Retail

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CHANGE

VOLUME

Overview

News

People

Financials

Overview

A retailer of consumer electronics, home office products, entertainment software, appliances and related services.

Portfolio Articles

Fed Nears Zero
A deeper cut than expected comes amid more signs of a weak economy.
Dec 16 2008
LCD Makers Settle Massive Price-Fixing Case
Three LCD screen makers agree to massive fines to settle price-fixing case. LG pays the lion's share: $400 million.

Nov 12 2008
Worst. Buy. Ever.
Profit warning highlights woes for retailers.

Nov 12 2008
Short-Circuited City
Another retailer files for bankruptcy as a grim holiday shopping season nears.

Nov 10 2008
A Big Box Tries Small
Circuit City closes 155 stores in bid to stay alive.
Nov 03 2008

See more news on this company

News Feeds

Best Buy offers used iPhones at lower price Reuters
Jan 06 2009
Wal-Mart to start selling Apple's iPhone on Sunday AP
Dec 26 2008
Meltdown 101: Retailers face weak holiday season AP
Dec 23 2008
US-BUSINESS Summary Reuters
Dec 22 2008
Shoppers haggle for deals from desperate retailers AP
Dec 22 2008
Best Buy profiting as rival retailer falls: report Reuters
Dec 21 2008
Stores using survival tactics, look past holidays AP
Dec 19 2008
Web deals create procrastinators' paradise AP
Dec 18 2008
Best Buy 3Q profit sinks, company offers buyouts AP
Dec 16 2008
Meltdown 101: Pros and cons of employee buyouts AP
Dec 16 2008

Portfolio Blogs

Last Bytes: Apple, Best Buy, Yahoo
Dec 16 2008
Sweet Stream o' Mine
Nov 20 2008
Last Bytes: Target, Google, YouTube, more
Nov 11 2008

Economic Slowdown Taking Toll on Tech
Sep 17 2008
First Bytes: Samsung/Sandisk, Best Buy, Microsoft
Sep 17 2008

Press Releases

ClickIQ Reporting from CES: Survey Shows Recent Flat Panel Purchasers Want Another Flat Panel TV Soon Jan-08-2009, 12:03PM EST
Ample Stock of Converter Boxes, Unprecedented Education Efforts Keep DTV Transition on Schedule Jan-08-2009, 11:36AM EST
TriGem USA Introduces the New 18.4 Inch All-In-One Desktop PC to Best Buy's Online Offerings Jan-07-2009, 05:18PM EST
Holiday Data Shows Traditional Retailer Consumer IT Sales Up, While Electronics Retailer Sales Down Jan-07-2009, 10:40AM EST
Refurbished iPhone 3G Now Available at Best Buy Mobile Nationwide Jan-06-2009, 11:03AM EST

News From Around the Web

News

About 500 accept Best Buy buyouts (Sun Newspapers, Minnesota)

Jan 09 2009
Best Buy: 500 at Minnesota headquarters opt for buyouts (Grand Forks Herald, North Dakota)

Jan 08 2009
Best Buy offers buyouts to employees (Sun Newspapers, Minnesota)

Jan 08 2009
Best Buy offers refurbished i-Phones (ABC 7 Chicago (WLS))

Jan 08 2009
About 500 (Sun Newspapers, Minnesota)

Jan 08 2009
About 500 Best Buy HQ workers take buyouts (Atlanta Business Chronicle)

Jan 08 2009
Best Buy: 500 at HQ opt for buyouts (Businessweek)

Jan 08 2009
Hundreds of Best Buy employees take buyouts (NBC 11 Minneapolis (KARE))

Jan 08 2009
Report: 500 Best Buy HQ employees accept buyouts (San Francisco Business Times)

Jan 08 2009

Blogs

CES 2009: Ford shows off future of SYNC, Best Buy partnership (Autoblog)

Jan 08 2009
CES Cheat Sheet: How to Argue that 3-D Sucks (GigaOm)

Jan 08 2009
Blu-ray Update Sent To User Via Credit Card Records (Slashdot)

Jan 08 2009
CES: Ford Sync Heading To Europe, Sync Concept Hinted At [Sync] (Jalopnik)

Jan 08 2009
Best Buy gains market share while seeing declining sales in December (Blogging Stocks)

Jan 07 2009

Employees

Number of Employees: 150,000

Revenue per Employee: $282,171

Financials

Quarterly

Annual

Income Statement	09/2008	06/2008	04/2008	12/2007
Sales	7.42 Bil.	6.86 Bil.	10.08 Bil.	7.45 Bil.
Gross Operating Profit	2.38 Bil.	2.13 Bil.	3.34 Bil.	2.48 Bil.
Operating Income before D & A (EBITDA)	339 Mil.	277 Mil.	1.3 Bil.	491 Mil.
Total Income Before Interest Expenses (EBIT)	348 Mil.	298 Mil.	1.17 Bil.	381 Mil.
Total Net Income	202 Mil.	179 Mil.	737 Mil.	228 Mil.
Basic EPS, Total	0.49	0.44	1.7	0.55
Diluted EPS, Total	0.48	0.43	1.65	0.53

BALANCE STATEMENT	09/2008	06/2008	04/2008	12/2007
Cash and Equivalents	656 Mil.	1.48 Bil.	1.44 Bil.	1.32 Bil.
Total Assets	9.33 Bil.	7.73 Bil.	7.34 Bil.	10.48 Bil.
Total Liabilities	9.98 Bil.	7.03 Bil.	6.77 Bil.	10.24 Bil.
Total Capitalization	1.14 Bil.	5.28 Bil.	5.11 Bil.	4.39 Bil.

Cash Flow	09/2008	06/2008	04/2008	12/2007
Net Cash From Continuing Operations	NA	NA	2.02 Bil.	1.25 Bil.
Net Cash From Investing Activities	NA	NA	1.46 Bil.	1.9 Bil.
Net Cash From Financing Activities	NA	NA	-3.38 Bil.	-3.14 Bil.
Net Change in Cash & Cash Equivalents	NA	NA	233 Mil.	114 Mil.

Income Statement	2008	2007	2006	2005
Sales	29.9 Bil.	26.66 Bil.	22.67 Bil.	20.48 Bil.
Gross Operating Profit	10.13 Bil.	9.28 Bil.	8.18 Bil.	6.95 Bil.
Operating Income before D & A (EBITDA)	2.74 Bil.	2.51 Bil.	2.1 Bil.	1.9 Bil.
Total Income Before Interest Expenses (EBIT)	2.29 Bil.	2.16 Bil.	1.72 Bil.	1.44 Bil.
Total Net Income	1.41 Bil.	1.38 Bil.	1.14 Bil.	984 Mil.
Basic EPS, Total	3.2	2.86	2.33	2.01
Diluted EPS, Total	3.12	2.79	2.27	1.96

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	1.44 Bil.	1.2 Bil.	681 Mil.	470 Mil.
Total Assets	7.34 Bil.	9.08 Bil.	7.98 Bil.	6.9 Bil.
Total Liabilities	6.77 Bil.	6.3 Bil.	6.06 Bil.	4.96 Bil.
Total Capitalization	5.11 Bil.	6.79 Bil.	5.44 Bil.	4.98 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	2.02 Bil.	1.76 Bil.	1.7 Bil.	1.84 Bil.
Net Cash From Investing Activities	1.46 Bil.	-780 Mil.	-754 Mil.	-1.17 Bil.
Net Cash From Financing Activities	-3.38 Bil.	-513 Mil.	-641 Mil.	-459 Mil.
Net Change in Cash & Cash Equivalents	233 Mil.	457 Mil.	327 Mil.	225 Mil.