Best Buy Co Inc
NYSE:BBY

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Best Buy Co Inc
NYSE:BBY
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Price: 88.03 USD -1.5% Market Closed
Market Cap: 18.9B USD
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Best Buy Co Inc
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Best Buy Co Inc
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Best Buy Co Inc
NYSE:BBY
Net Income
$1.3B
CAGR 3-Years
-22%
CAGR 5-Years
-4%
CAGR 10-Years
2%
GameStop Corp
NYSE:GME
Net Income
$63.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-16%
Upbound Group Inc
NASDAQ:UPBD
Net Income
$81.2m
CAGR 3-Years
-23%
CAGR 5-Years
-10%
CAGR 10-Years
0%
No Stocks Found

Best Buy Co Inc
Glance View

Market Cap
18.8B USD
Industry
Retail
Economic Moat
None

Best Buy Co Inc., the electronics retail giant, has carved its niche in the consumer electronics industry by providing a comprehensive selection of products, ranging from cutting-edge gadgets to household appliances. Founded in 1966, the company has matured from a small audio specialty store into a powerhouse of technology retail. It operates both through its extensive network of physical stores across North America and a thriving online platform, reflecting its successful adaptation to the changing retail landscape. With a customer-centric focus, Best Buy enhances its offerings through services like the Geek Squad, providing customer support and product repair, thus creating a value-added shopping experience that goes beyond mere product sales. At the core of Best Buy’s profitability lies its strategic ability to leverage its extensive supply chain relationships and its adept inventory management, which enable it to keep pace with rapid technological advancements. It generates revenue by not only selling products directly but also by offering installation, maintenance, and protection plans, which account for a significant portion of its income. Additionally, Best Buy excels in creating partnerships with major brands, allowing exclusive product launches and in-store experiences that draw customers in. The company’s success hinges on balancing competitive pricing with a strong emphasis on customer service, in-store experience, and strategic use of data analytics to inform product selections and marketing strategies.

BBY Intrinsic Value
90.04 USD
Undervaluation 2%
Intrinsic Value
Price

See Also

What is Best Buy Co Inc's Net Income?
Net Income
1.3B USD

Based on the financial report for Nov 2, 2024, Best Buy Co Inc's Net Income amounts to 1.3B USD.

What is Best Buy Co Inc's Net Income growth rate?
Net Income CAGR 10Y
2%

Over the last year, the Net Income growth was 0%. The average annual Net Income growth rates for Best Buy Co Inc have been -22% over the past three years , -4% over the past five years , and 2% over the past ten years .

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