Best Buy Co., Inc. (BBY) NYSE

74.10

+2.3(+3.20%)

Updated at August 19 04:00PM

Currency In USD

Best Buy Co., Inc.

Address

7601 Penn Avenue South

Richfield, MN 55423

United States of America

Phone

612 291 1000

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

85000

First IPO Date

April 18, 1985

Key Executives

NameTitlePayYear Born
Ms. Corie Sue BarryChief Executive Officer & Director3.65M1975
Mr. Richard M. SchulzeFounder & Chairman Emeritus69,1331941
Mr. Brian A. TilzerExecutive Vice President and Chief Digital, Analytics & Technology Officer1.04M1971
Mr. Todd Gregory HartmanExecutive Vice President, General Counsel, Secretary & Chief Risk Officer1.61M1967
Mr. Jason J. BonfigSenior Executive Vice President of Customer Offering, Fulfillment & Best Buy Canada1.64M1977
Mr. Damien HarmonSenior Executive Vice President of Customer, Channel Experiences & Enterprise Services1.75M1978
Mr. Matthew M. BilunasSenior Executive Vice President of Enterprise Strategy & Chief Financial Officer2.18M1973
Ms. Kathleen M. ScarlettSenior Executive Vice President of Human Resources & Corporate Affairs2.21M1964
Ms. Mollie O'BrienVice President of Investor Relations0N/A
Mr. Mathew Raymond WatsonSenior Vice President, Controller & Chief Accounting Officer01971

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.