Best Buy Co., Inc. (BBY) NYSE

72.78

-2.2(-2.93%)

Updated at June 02 04:00PM

Currency In USD

Best Buy Co., Inc.

Address

7601 Penn Avenue South

Richfield, MN 55423

United States of America (the)

Phone

612 291 1000

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

85000

First IPO Date

April 18, 1985

Key Executives

NameTitlePayYear Born
Corie Sue BarryChief Executive Officer & Director3.65M1975
Richard SchulzeFounder & Chairman Emeritus69,1331941
Jason J. BonfigSenior EVP, Chief Customer, Product & Fulfillment Officer1.91M1977
Todd Gregory HartmanExecutive Vice President, Secretary, Chief Legal & Risk Officer1.94M1967
Kathleen ScarlettSenior EVP, Chief Human Resources & Corporate Affairs Officer2.22M1964
Matthew BilunasSenior EVP, Chief Financial & Enterprise Strategy Officer2.23M1973
Neal Joseph SampleExecutive Vice President, Chief Digital & Technology Officer01975
Jeff HaydockChief Communications & Public Affairs Officer0N/A
Luke MotschenbacherPresident of Retail0N/A
Mark A. IrvinChief Supply Chain Officer01963
Mathew Raymond WatsonSenior Vice President, Controller & Chief Accounting Officer01971
Mollie O'BrienVice President of Investor Relations0N/A

Description

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.