Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit our stores, engage with Geek Squad agents or use BestBuy.com or the Best Buy app. The company has operations in the U.S and Canada, where more than 70 percent of the population lives within 15 minutes of a Best Buy store, as well as in Mexico where Best Buy has a physical and online presence.

Company profile
Ticker
BBY
Exchange
Website
CEO
Corie Barry
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
BBC Investment Co. • BBY Networks, Inc. • BBC Property Co. • Best Buy Stores, L.P. • BBY Services, Inc. • BestBuy.com, LLC • Best Buy Puerto Rico Holdings, LLC • Best Buy Stores Puerto Rico, LLC • Best Buy Texas.com, LLC • Best Buy Warehousing Logistics, LLC ...
IRS number
410907483
BBY stock data
News

Best Buy Co Earnings Conference Call Is Coming Up, Here's What You Need To Know
15 Aug 22
Top 15 Trending Stocks On WallStreetBets As Of Monday, August 15, 2022 (Via Swaggy Stocks)
15 Aug 22
U.S. Stock Futures Lower After S&P 500, Nasdaq Record Gains For 4th Consecutive Week
15 Aug 22
Best Buy, Li Auto And 3 Stocks To Watch Heading Into Monday
15 Aug 22
Best Buy Co To Slash Store Jobs To Cut Costs: WSJ
12 Aug 22
Press releases
Best Buy Provides Update on Second Quarter Performance and Fiscal 2023 Outlook
27 Jul 22
UPS Welcomes Bala Subramanian to Newly Created Position of EVP and Chief Digital and Technology Officer
14 Jun 22
Thinking about trading options or stock in Dicks Sporting Goods, Kohl's, Exxon Mobil, Qualcomm, or Best Buy?
25 May 22
Best Buy Announces Regular Quarterly Cash Dividend
25 May 22
Thinking about trading options or stock in Meta Platforms, Best Buy, JPMorgan Chase, Trade Desk, or Roku?
24 May 22
Analyst ratings and price targets
Current price
Average target
$78.92
Low target
$65.00
High target
$110.00
Piper Sandler
Maintains
$84.00
Guggenheim
Maintains
$85.00
Truist Securities
Maintains
$67.00
Morgan Stanley
Maintains
$82.00
UBS
Maintains
$76.00
Wells Fargo
Maintains
$70.00
Telsey Advisory Group
Maintains
$82.00
Jefferies
Downgraded
$71.00
DA Davidson
Maintains
$110.00
Wedbush
Maintains
$75.00
Barclays
Downgraded
$80.00
Citigroup
Maintains
$65.00
Calendar
2 Jun 22
16 Aug 22
28 Jan 23
Financial summary
Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Feb 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 960M | 960M | 960M | 960M | 960M | 960M |
Cash burn (monthly) | 748.33M | 286.08M | (no burn) | (no burn) | 461.33M | (no burn) |
Cash used (since last report) | 2.67B | 1.02B | n/a | n/a | 1.65B | n/a |
Cash remaining | -1.71B | -61.14M | n/a | n/a | -686.67M | n/a |
Runway (months of cash) | -2.3 | -0.2 | n/a | n/a | -1.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Jul 22 | Barry Corie S | Common Stock | Sell | Dispose S | No | No | 71.216 | 56 | 3.99K | 316,630.65 |
14 Jun 22 | Barry Corie S | Common Stock | Sell | Dispose S | No | No | 70.003 | 4,388 | 307.17K | 315,312.65 |
9 Jun 22 | Millner Thomas L | Common Stock | Grant | Acquire A | No | No | 0 | 2,603 | 0 | 35,428 |
9 Jun 22 | Karen McLoughlin | Common Stock | Grant | Acquire A | No | No | 0 | 2,603 | 0 | 26,804 |
9 Jun 22 | Marte Mario Jesus | Common Stock | Grant | Acquire A | No | No | 0 | 2,603 | 0 | 5,354 |
Institutional ownership, Q1 2022
77.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 784 |
Opened positions | 94 |
Closed positions | 136 |
Increased positions | 310 |
Reduced positions | 277 |
13F shares | Current |
---|---|
Total value | 15.96B |
Total shares | 175.4M |
Total puts | 4.73M |
Total calls | 3.57M |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 26.39M | $2.4B |
BLK Blackrock | 21.4M | $1.95B |
JPM JPMorgan Chase & Co. | 12.58M | $1.14B |
STT State Street | 9.98M | $915.96M |
Geode Capital Management | 4.44M | $403.27M |
BAC Bank Of America | 3.8M | $345.65M |
FMR | 3.79M | $344.92M |
Charles Schwab Investment Management | 3.72M | $338.24M |
NTRS Northern Trust | 3.67M | $333.8M |
Amundi | 2.67M | $243.92M |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
accomplish, aspect, Commission, compelling, conflict, creation, curated, driver, drove, experienced, expertly, firmly, flat, focused, inflation, line, macro, modify, momentum, Outlet, personalize, primary, ready, recycling, satisfaction, slowdown, stage, successfully, today, turnover, UK, Ukraine, uncertain, unfulfilled, vision, war, weighted
Removed:
accelerate, accrual, adapting, BBB, Blue, Building, comply, confirmed, conserve, consolidate, consolidation, continued, corporate, create, CST, disease, excluding, experience, favorability, front, funding, gain, goal, improvement, innovation, insurance, interact, lag, making, model, Moody, multiple, occurring, organization, outbreak, permanent, Poor, recording, reduced, repair, represent, retirement, role, serve, Signal, Stable, standard, suspended, suspension, temporarily, United, upgraded, work, World
Financial reports
Current reports
8-K
Best Buy Provides Update on Second Quarter Performance and Fiscal 2023 Outlook
27 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
13 Jun 22
8-K
Best Buy Reports First Quarter Results
24 May 22
8-K
Best Buy Reports Fourth Quarter Results
3 Mar 22
8-K
Best Buy Reports Better-Than-Expected Third Quarter Results
23 Nov 21
8-K
Other Events
12 Oct 21
8-K
Best Buy Reports Better-Than-Expected Second Quarter Results
24 Aug 21
8-K
Submission of Matters to a Vote of Security Holders
22 Jun 21
8-K
Best Buy Reports Better-Than-Expected First Quarter Results
27 May 21
8-K
Entry into a Material Definitive Agreement
20 May 21
Registration and prospectus
424B2
Prospectus for primary offering
30 Sep 20
FWP
Free writing prospectus
29 Sep 20
424B5
Prospectus supplement for primary offering
29 Sep 20
S-3ASR
Automatic shelf registration
28 Sep 20
S-8
Registration of securities for employees
30 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Jun 20
424B2
Prospectus for primary offering
26 Sep 18
FWP
Free writing prospectus
25 Sep 18
424B5
Prospectus supplement for primary offering
25 Sep 18
S-3ASR
Automatic shelf registration
17 Sep 18
Proxies
DEFA14A
Additional proxy soliciting materials
27 Apr 22
DEFA14A
Additional proxy soliciting materials
7 Jun 21
DEFA14A
Additional proxy soliciting materials
5 May 21
DEFA14A
Additional proxy soliciting materials
29 Apr 20
DEF 14A
Definitive proxy
29 Apr 20
PRE 14A
Preliminary proxy
16 Apr 20
DEFR14A
Revised proxy
3 May 19
DEFA14A
Additional proxy soliciting materials
1 May 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
27 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
NO ACT
No action letter
22 Feb 17
UPLOAD
Letter from SEC
14 Sep 16
CORRESP
Correspondence with SEC
22 Aug 16
UPLOAD
Letter from SEC
9 Aug 16
Ownership
4
BEST BUY / Corie S Barry ownership change
12 Jul 22
11-K
Annual report of employee stock purchases
27 Jun 22
4
BEST BUY / Corie S Barry ownership change
15 Jun 22
4
BEST BUY / J PATRICK DOYLE ownership change
10 Jun 22
4
BEST BUY / Eugene A. Woods ownership change
10 Jun 22
4
BEST BUY / Steven E Rendle ownership change
10 Jun 22
4
BEST BUY / Richelle P Parham ownership change
10 Jun 22
4
BEST BUY / Claudia F. Munce ownership change
10 Jun 22
4
BEST BUY / THOMAS L MILLNER ownership change
10 Jun 22
4
BEST BUY / Karen McLoughlin ownership change
10 Jun 22
Patents
Utility
Discovery and Aggregation of Multivariate Test Experiments
4 Aug 22
Systems and techniques for discovery and aggregation of multivariate test experiments are described herein.
Utility
Automatic Detection For End of Current Program and Trigger Events
14 Jul 22
A controller and digital media player such as a television equipped with such a controller is disclosed.
Utility
Touchscreen with three-handed gestures system and method
12 Jul 22
A user interface verification device and a method of use is presented for recognizing a three-hand gesture on a touchscreen of the device.
Utility
Method and System for Automation Tool Set for Server Maintenance Actions
12 May 22
Embodiments of a system, methods, and other techniques and configurations for automation of computing system maintenance activities such as reboots, software installations, re-configuration, or other actions are generally described herein.
Utility
Database Facet Search
28 Apr 22
A system and method are presented that utilize facet modifications to alter user input values to perform a facet search on a found set of data records.
Transcripts
2023 Q1
Earnings call transcript
24 May 22
2022 Q4
Earnings call transcript
3 Mar 22
2021 Q3
Earnings call transcript
23 Nov 21
2022 Q1
Earnings call transcript
27 May 21
2021 Q4
Earnings call transcript
25 Feb 21
2021 Q3
Earnings call transcript
24 Nov 20
2021 Q2
Earnings call transcript
25 Aug 20
2021 Q1
Earnings call transcript
21 May 20
2020 Q4
Earnings call transcript
27 Feb 20
2020 Q3
Earnings call transcript
26 Nov 19
Reddit threads
$BBBY Megathread 8/16/2022
16 Aug 22
BBBY shorts in a bad spot now and I am sure Cramer is one of them. Keep buying Apes!
16 Aug 22
Daily Discussion Thread for August 16, 2022
16 Aug 22
Update: There are still no derivatives available on BBBY anymore in Germany
16 Aug 22
Jim Cramer has misled so many people over the years, as much as he made a few rich. Jail is a great place for him. Unite family $BBBY
15 Aug 22
Wrong Ticker MarketWatch! It’s BBBY! Hope this isn’t an attempt to steer people into buying the wrong stock! LFG $BBBY
15 Aug 22
My idiot son is "concerned" about my portfolio and won't let me YOLO in peace
15 Aug 22
BBBY
15 Aug 22
I was on this board every day in the months leading up to the GME squeeze. Important message to BBBY apes
15 Aug 22
Sell AMC, buy BBBY.
15 Aug 22