Best Buy Co Inc
NYSE:BBY
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Operating Margin
Best Buy Co Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | US |
Market Cap | 19.3B USD |
Operating Margin |
4%
|
Country | IN |
Market Cap | 1.4T INR |
Operating Margin |
8%
|
Country | US |
Market Cap | 11.9B USD |
Operating Margin |
-1%
|
Country | JP |
Market Cap | 1.4T JPY |
Operating Margin |
16%
|
Country | AU |
Market Cap | 9.8B AUD |
Operating Margin |
7%
|
Country | VN |
Market Cap | 86.3T VND |
Operating Margin |
3%
|
Country | JP |
Market Cap | 391.9B JPY |
Operating Margin |
3%
|
Country | CN |
Market Cap | 18.3B CNY |
Operating Margin |
-1%
|
Country | SA |
Market Cap | 7.2B SAR |
Operating Margin |
9%
|
Country | TH |
Market Cap | 64.4B THB |
Operating Margin |
5%
|
Country | US |
Market Cap | 1.8B USD |
Operating Margin |
7%
|
Best Buy Co Inc
Glance View
Best Buy Co., Inc. is a leading American retailer specializing in consumer electronics, appliances, and tech services. Founded in 1966, the company has evolved from a small audio specialty store into a giant in the retail landscape, boasting over 1,000 locations across the United States and Canada. Best Buy’s retail strategy combines a strong online presence with a focus on customer service, offering personalized shopping experiences and expert tech support through its Geek Squad service. In recent years, the company has successfully navigated challenges posed by e-commerce giants and market shifts, leveraging its omnichannel capabilities to enhance customer engagement and drive sales growth. This adaptability has solidified Best Buy’s position as a trusted brand in the competitive electronics sector. Investors are particularly interested in Best Buy's robust financial health, evidenced by its consistent revenue growth and strong cash flow generation. The company's commitment to innovation and technology integration has allowed it to capitalize on trends such as smart home devices and renewable energy solutions. Furthermore, Best Buy is dedicated to sustainability, aiming to reduce its carbon footprint and promote eco-friendly products. With an experienced management team and a clear strategic focus on enhancing customer experiences, Best Buy stands poised for continued growth in an evolving retail landscape. For investors, the company's ability to adapt to changing consumer preferences and solidify its market share positions it as a potentially valuable investment.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Best Buy Co Inc's most recent financial statements, the company has Operating Margin of 4.2%.