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BEST BUY CO INC

Best Buy Co

With over $41 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

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Press Releases

Best Buy Announces Regular Quarterly Cash Dividend

Segway Rolls Out E3 Electric Scooter in Best Buy Canada as Retail Partner Exclusive

Best Buy and IKEA U.S. partner to pilot new kitchen and storage planning services in select Best Buy stores

Best Buy launches digital marketplace, more than doubling number of products available online

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Generation Income Properties Secures Early Best Buy Lease Extension, Highlighting Tenant Commitment at an Increased Rent; Provides Update on Chicago Property Agreement

Best Buy Reports Second Quarter Results

Best Buy Appoints Meghan Frank to Board of Directors

Best Buy Unveils What's Ahead for Customers this Holiday Season

Best Buy Adds Halloween to its Holiday Calendar: Treats Shoppers to Holiday DoorBOOsters™ on Oct. 31

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