BBY Best Buy Co., Inc.
Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment comprises of the operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment includes all operations outside the U.S. and its territories, which includes Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.
Company profile
Ticker
BBY
Exchange
Website
CEO
Corie Sue Barry
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
410907483
BBY stock data
()
Calendar
27 May 20
8 Jul 20
1 Feb 21
News
Company financial data Financial data
| Quarter (USD) | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|
| Revenue | 8.56B | 15.2B | 9.76B | 9.54B | |
| Net income | 159M | 745M | 293M | 238M | |
| Diluted EPS | 0.61 | 2.84 | 1.1 | 0.89 | |
| Net profit margin | 1.86% | 4.90% | 3.00% | 2.50% | |
| Operating income | 229M | 967M | 395M | 313M | |
| Net change in cash | 1.69B | 1.02B | -84M | -272M | |
| Cash on hand | 3.92B | 2.23B | 1.21B | 1.29B | |
| Cost of revenue | 6.6B | 11.96B | 7.4B | 7.25B |
| Annual (USD) | Feb 20 | Feb 19 | Feb 18 | Jan 17 | |
|---|---|---|---|---|---|
| Revenue | 43.64B | 42.88B | 42.15B | 39.4B | |
| Net income | 1.54B | 1.46B | 1B | 1.23B | |
| Diluted EPS | 5.75 | 5.2 | 3.26 | 3.81 | |
| Net profit margin | 3.53% | 3.41% | 2.37% | 3.12% | |
| Operating income | 2.01B | 1.9B | 1.84B | 1.85B | |
| Net change in cash | 249M | 879M | -1.14B | 264M | |
| Cash on hand | 2.23B | 1.98B | 1.1B | 2.24B | |
| Cost of revenue | 33.59B | 32.92B | 32.28B | 29.96B |
Financial data from Best Buy earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 87.5757 | 46,773 | 4.1M | 582,409 |
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 86.6863 | 59,275 | 5.14M | 18,262,159 |
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 88.0699 | 22,067 | 1.94M | 18,370,092 |
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 88.075 | 23,961 | 2.11M | 629,182 |
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 87.588 | 48,658 | 4.26M | 18,321,434 |
| 30 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 86.692 | 59,266 | 5.14M | 523,143 |
| 29 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 85.5333 | 20,201 | 1.73M | 856,966 |
| 29 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 85.5244 | 20,672 | 1.77M | 18,596,667 |
| 29 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 86.2399 | 204,508 | 17.64M | 18,392,159 |
| 29 Jun 20 | Schulze Richard M | Common Stock | Sell | Dispose S | No | 86.2519 | 203,823 | 17.58M | 653,143 |
Institutional ownership Q1 2020
77.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 600 |
| Opened positions | 86 |
| Closed positions | 132 |
| Increased positions | 218 |
| Reduced positions | 235 |
13F shares |
Current |
|---|---|
| Total value | 11.34B |
| Total shares | 199.37M |
| Total puts | 3.21M |
| Total calls | 1.36M |
| Total put/call ratio | 2.4 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 27.68M | $1.58B |
| BLK BlackRock | 18.6M | $1.06B |
| FMR | 17.88M | $1.02B |
| STT State Street | 11.26M | $647.76M |
| JPM JPMorgan Chase & Co. | 7.61M | $433.98M |
| Boston Partners | 5.61M | $319.62M |
| AMP Ameriprise Financial | 4.57M | $260.45M |
| Aqr Capital Management | 4.04M | $230.52M |
| JHG Janus Henderson | 3.9M | $222.29M |
| Geode Capital Management | 3.82M | $217.39M |
Content analysis
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H.S. sophomore Good
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New words:
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Removed:
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Financial reports
10-Q
2021 Q1
Quarterly report
27 May 20
10-K
2020 FY
Annual report
23 Mar 20
10-Q
2020 Q3
Quarterly report
6 Dec 19
10-Q
2020 Q2
Quarterly report
6 Sep 19
10-Q
2020 Q1
Quarterly report
7 Jun 19
10-K
2019 FY
Annual report
28 Mar 19
10-Q
2019 Q3
Quarterly report
7 Dec 18
10-Q
2019 Q2
Quarterly report
10 Sep 18
10-Q
2019 Q1
Quarterly report
8 Jun 18
10-K
2018 FY
Annual report
2 Apr 18
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
12 Jun 20
8-K
Best Buy to Invite More Shoppers Inside Stores, No Appointment Needed
9 Jun 20
8-K
Best Buy Reports First Quarter Results
21 May 20
8-K
Best Buy Provides Business Update Related to COVID-19
15 Apr 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
23 Mar 20
8-K
Departure of Directors or Certain Officers
11 Mar 20
8-K
Best Buy Reports Better-Than-Expected Fourth Quarter Results
27 Feb 20
8-K
Best Buy Issues Statement Regarding Previously Announced Independent Review
4 Feb 20
8-K
Departure of Directors or Certain Officers
16 Dec 19
8-K
Best Buy Reports Better-Than-Expected Third Quarter Results
26 Nov 19
Registration and prospectus
S-8
Registration of securities for employees
1 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 20
424B2
Prospectus for primary offering
27 Sep 18
FWP
Free writing prospectus
25 Sep 18
424B5
Prospectus supplement for primary offering
25 Sep 18
S-3ASR
Automatic shelf registration
18 Sep 18
S-8
Registration of securities for employees
21 Jun 17
S-8
Registration of securities for employees
17 Jun 14
S-8
Registration of securities for employees
19 Nov 13
424B2
Prospectus for primary offering
12 Jul 13
Proxies
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
DEF 14A
Definitive proxy
1 May 19
DEF 14A
Definitive proxy
2 May 18
DEF 14A
Definitive proxy
1 May 17
DEF 14A
Definitive proxy
3 May 16
DEF 14A
Definitive proxy
28 Apr 15
Other
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
31 May 17
NO ACT
No action letter
23 Feb 17
UPLOAD
Letter from SEC
15 Sep 16
CORRESP
Correspondence with SEC
23 Aug 16
UPLOAD
Letter from SEC
10 Aug 16
SD
Conflict minerals disclosure
31 May 16
NO ACT
No action letter
8 Mar 16
Ownership
4
BEST BUY / RICHARD M SCHULZE ownership change
2 Jul 20
4
BEST BUY / Corie S Barry ownership change
24 Jun 20
4
BEST BUY / RAJENDRA M MOHAN ownership change
15 Jun 20
4
BEST BUY / Corie S Barry ownership change
15 Jun 20
4
BEST BUY / Todd G. Hartman ownership change
15 Jun 20
4
BEST BUY / Eugene A. Woods ownership change
12 Jun 20
4
BEST BUY / Richelle P Parham ownership change
12 Jun 20
4
BEST BUY / Claudia F. Munce ownership change
12 Jun 20
4
BEST BUY / THOMAS L MILLNER ownership change
12 Jun 20
4
BEST BUY / Karen McLoughlin ownership change
12 Jun 20
Patents
APP
Utility
Wireless Customer and Labor Management Optimization In Retail Settings
2 Jul 20
Techniques and system configurations for tracking customers and employees in a commercial environment such as a retail store are described herein.
APP
Utility
Dynamic Auxiliary User Interface
25 Jun 20
A primary user interface displays primary content from a primary-content source, reads user interaction with the primary content, and communicates with the primary-content source based on the user interaction.
APP
Utility
Remote Audio Pickup and Noise Cancellation System and Method
18 Jun 20
A video system and method are presented that uses an output-receiving microphone mounted on the housing of the video system to receive a signal representative of the output of a speaker in a use-environment.
GRANT
Utility
Streaming events modeling for information ranking to address new information scenarios
2 Jun 20
Techniques and system configurations for generating rankings and ranking models for information, including for new and updated items, based on streaming event data are disclosed.
APP
Utility
Digital Voice Butler
30 Apr 20
A universal voice control system (aka: a Digital Voice Butler or DVB) is used to communicate with and control one or more voice activated smart devices (VASDs) with a single shared activation word.