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Best Buy


The big-box electronics retailer grew revenues by 7% to a total of $42 billion last year. Yet Best Buy has not escaped the retail downturn unscathed: profits dipped by more than 18% to $1 billion in 2017. In April, former rivals Best Buy and Amazon announced a partnership to sell more TVs equipped with Amazon’s Fire TV operating system; the move will allow Best Buy to sell directly to the e-commerce giant’s massive online customer base for the first time.

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Hubert B. Joly

CEO Title

Chairman & Chief Executive Officer




Specialty Retailers: Other

HQ Location

Richfield, Minn.

Years on Fortune 500 List




Figures are for fiscal year ended Jan. 31, 2018.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$42,1517.0%
Profits ($M)$1,000.0-18.6%
Assets ($M)$13,049
Total Stockholder Equity ($M)$3,612
Market Value — as of March 29, 2018 ($M)$20,460
Profit Ratios
Profit as % of Revenues2.4%
Profits as % of Assets7.7%
Profits as % of Stockholder Equity27.7%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)3.26
EPS % Change (from 2016)-14.4%
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)0.4%
Total Return
Total Return to Investors (2017)64.3%
Total Return to Investors (5 year, annualized)46.5%
Total Return to Investors (10 year, annualized)5.4%
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Best Buy

Best Buy Names Finance Chief Corie Barry to Replace Hubert Joly as CEO

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