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  • Previous Rank
    72
  • Revenues ($M)
    $42,151.00
  • Revenue Percent Change
    7%
  • Profits ($M)
    $1,000.00
  • Profits Percent Change
    -18.6%
  • Assets ($M)
    $13,049.00
  • Employees
    125,000
  • Market Value — as of March 29, 2018 ($M)
    $20,459.90

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.

Company Info

Figures are for fiscal year ended Jan. 31, 2018.
CEO
Hubert B. Joly
CEO Title
Chairman & Chief Executive Officer
Sector
Retailing
Industry
Specialty Retailers: Other
HQ Location
Richfield, Minn.
Websitehttp://www.bestbuy.com
Years on Fortune 500 List24
Employees125,000
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Best Buy Rank History

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Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$42,151.007%
Profits ($M)$1,000.00-18.6%
Assets ($M)$13,049.00-
Total Stockholder Equity ($M)$3,612.00-
Market Value — as of March 29, 2018 ($M)$20,459.90-

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%