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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Gross Margin
Best Buy Co Inc

22.4%
Current
22%
Average
32.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.4%
=
Gross Profit
9.5B
/
Revenue
42.2B

Gross Margin Across Competitors

Country US
Market Cap 18.8B USD
Gross Margin
22%
Country US
Market Cap 14.4B USD
Gross Margin
27%
Country JP
Market Cap 1.6T JPY
Gross Margin
51%
Country AU
Market Cap 10.6B AUD
Gross Margin
22%
Country VN
Market Cap 89.8T VND
Gross Margin
21%
Country CN
Market Cap 18.8B CNY
Gross Margin
19%
Country JP
Market Cap 382.4B JPY
Gross Margin
28%
Country SA
Market Cap 7.2B SAR
Gross Margin
22%
Country TH
Market Cap 64.4B THB
Gross Margin
13%
Country JP
Market Cap 296.1B JPY
Gross Margin
26%
Country US
Market Cap 1.6B EUR
Gross Margin
49%
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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

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.4%
=
Gross Profit
9.5B
/
Revenue
42.2B
What is the Gross Margin of Best Buy Co Inc?

Based on Best Buy Co Inc's most recent financial statements, the company has Gross Margin of 22.4%.