About Best Buy
Best Buy is a publicly listed company based in Richfield (United States) founded in 1966 by James Wheeler and Richard M Schulze. Consumer electronics and mobile phones are retailed in stores worldwide. The company has 85,000 employees. Best Buy has completed 8 acquisitions, including Critical Signal Technologies, Current health and Fusion Connect. Its website bestbuy.com draws about 107.4 million monthly visits. Best Buy offers products and services including Electronics and Online Shopping Services. Its focus areas include Consumer Goods, Retail Chains and Electronics. Its legal entity is Best Buy Co., Inc.
Company details
Best Buy is a multinational consumer electronics company that sells mobile phones from Verizon Wireless, AT T Mobility, Sprint Corporation, Boost Mobile and-Mobile US, in regular stores and in its own mobile stores in shopping malls. It recorded 42.5B for the year 2016. It was founded by Richard M. Schulze and Gary Smoliak in 1966 as an audio specialty store. Geek Squad, Magnolia Audio Video, and Pacific Sales are its subsidiaries. In 2022, the company recorded annual revenues of 46.3B and a net profit of 1.42B.
- Headquarters Richfield, United States
- Employees 85,000
- Founders James Wheeler, Richard M Schulze
- Stage Public
- SectorsRetail
- Website category Computers Electronics and Technology · Consumer Electronics
- Email••••••••
- Phone•••• ••••
- Website bestbuy.com
- Social LinkedIn X Facebook
- Legal Name Best Buy Co., Inc.
- Annual Revenue$41.69 B (USD)0.39as on Jan 31, 2026
- Net Profit$1.07 B (USD)15.32as on Jan 31, 2026
- EBITDA$2.57 B (USD)-0.77as on Jan 31, 2026
- Employee Count85,000
- Investments & AcquisitionsCritical Signal Technologies
& 7 more
Products & Services of Best Buy
Best Buy offers a comprehensive portfolio of products and services, including Electronics and Online Shopping Services.
Electronics and appliances are sold for personal and home use through retail channels
Online platforms are provided for purchasing and shipping products to specified locations
Apps and channels of Best Buy
Best Buy publishes 1 mobile app with over 10M+ downloads.
People of Best Buy
708 people are tracked at Best Buy (302 in leadership, 14 in board & advisors, 392 in team); the tracked headcount is 85,000.
| Name | Role | Group |
|---|---|---|
James Wheeler | Co-Founder | Leadership |
Richard M Schulze | Co-Founder | Leadership |
Jason Bonfig | Sr. Executive Vice President, Customer Offerings & Fulfillment | Leadership |
Shreesha Jagadeesh | Associate Director Of Applied Machine Learning | Leadership |
Deborah DiSanzo | President, Best Buy Health | Leadership |
David McGee | Vice President, Portfolio Strategy, Planning & Mobilization | Digital, Analytics & Technology | Leadership |
Brittany Richardson | Marketplace Director | Leadership |
Liz Beckius | HR Business Partner, Sr Manager | Leadership |
Katherine Brito | General Manager | Leadership |
Andres Diaz Michaus | Director, Technology Portfolio | Leadership |
Kalynne Suttle | Director, Organizational Effectiveness | Leadership |
Lynn Slone | Sr. Director, Human Resources | Leadership |
Mason Domeier | Director - Distribution, Supply Chain | Leadership |
Melissa Noriega | Associate Vice President Of Retail | Leadership |
Johnny Arias | Sr. Director, Store Services & Repair Operations | Leadership |
Glenn White | Market Sr. Director | Leadership |
Duane Scarboro | Sr Vice President-supply Chain Operations, Engineering, And Automation | Leadership |
Matthew Tuominen | Director Of Engineering | Leadership |
Patrick McGinnis | Chief Merchandising Officer | Leadership |
Nicholas Oswald | Director - Supply Chain Analytics | Leadership |
688 more people are available in the full profile.
Complete people profiles for Best Buy
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IPO & Listings of Best Buy
Best Buy is a publicly listed company on the NYSE with ticker symbol BBY in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Aug 2022
- Listed onEuronext: 1BBY
- Listed entityBest Buy Co., Inc.
- Exchange sectorRetail trade
- ISINUS0865161014
- Share price$87.96 (+1.12% on the day) · 2026-10-13
- Market capitalisation$18.45B
- Price to earnings14.6
- EPS (diluted, trailing year)$6.01
- Dividend yield4.35%
- Volume (last session)1,981,722
Financials of Best Buy
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $41.69B | $1.07B | $2.57B |
| 2024 | $41.53B | $927.0M | $2.59B |
| 2023 | $43.45B | $1.24B | $2.64B |
| 2022 | $46.30B | $1.42B | $2.85B |
| 2021 | $51.76B | $2.45B | $3.87B |
Detailed financial statements for Best Buy
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Investments & Acquisitions by Best Buy
Best Buy has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Critical Signal Technologies, Current health and Fusion Connect.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Outdoor furniture is branded and distributed by Yardbird. | yardbird.com | Minneapolis, United States | 2016 | Nov 2021 | •••• | |
Remote vital sign monitoring is provided via wearable devices. | currenthealth.com | Edinburgh, United Kingdom | 2014 | Oct 2021 | $400M | |
Remote patient monitoring | cstltl.com | Detroit, United States | 2006 | May 2019 | •••• | |
In-store mobile marketing solutions are provided to retailers and brands. | swirl.com | Boston, United States | 2011 | Jan 2019 | •••• | |
Cloud and managed IT services are provided by mindSHIFT. | mindshift.com | Sterling, United States | 1999 | Nov 2011 | $167M | |
Online replacement parts platform for consumer electronics and home appliances | partsearch.com | New York, United States | 2001 | Jun 2011 | $6.1M | |
Fusion Connect is recognized as a provider of business phone, network, and cloud solutions. | speakeasy.net | Costa Mesa, United States | 1997 | Mar 2007 | •••• | |
Capital is invested in B2B distribution technology companies. | geeksquad.com | Minneapolis, United States | 1994 | Jun 2002 | •••• |
Complete acquisition details for Best Buy
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Timeline of Best Buy
10 dated milestones of Best Buy across 56 years, from founding to its latest funding, stage changes and deals.
- Founded Best Buy is founded.
- Acquisition Acquires Geek Squad.
- Acquisition Acquires Fusion Connect.
- Acquisition Acquires Partsearch Technologies.
- Acquisition Acquires mindSHIFT.
- Acquisition Acquires Swirl.com.
- Acquisition Acquires Critical Signal Technologies.
- Acquisition Acquires Current health.
- Acquisition Acquires Yardbird.
- IPO Lists on the stock exchange (IPO).
Web traffic of Best Buy
The website of Best Buy (bestbuy.com) receives about 107.4M visits a month and ranks #220 among all websites worldwide, #62 in Consumer Electronics.
- Monthly visits107.4M
▼ 30.5% vs previous month
- Unique visitors54.9M
per month
- Global rank#220
among all websites
- Category rank#62
Computers Electronics and Technology · Consumer Electronics
- Bounce rate43%
- Pages per visit4.3
- Average visit4 min 07 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Best Buy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| newegg.com | 100% | 13M | #2,766 | View details | |
| samsung.com | 92% | 722.2M | #62 | View details | |
| apple.com | 83% | 530.5M | #73 | View details | |
bhphotovideo.com | bhphotovideo.com | 83% | #3,349 | – | |
| microcenter.com | 78% | 10.7M | #3,470 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Best Buy
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Top companies in Retail Stores & Chains
3 companies that operate in the same segment as Best Buy (Retail Stores & Chains) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Home improvement products and services are retailed by Lowe's. | 1946 | Mooresville, North Carolina, United States | USD 86.29 B | 270,000 | ||
Office supplies and business products are distributed online to companies. | 1986 | Framingham, Massachusetts, United States | 13,447 | |||
Pet foods, products, and care services are provided by PetSmart. | 1987 | Phoenix, Arizona, United States | USD 23.3 M |
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Related news about Best Buy
Complete news archive for Best Buy
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Frequently Asked Questions about Best Buy
Best Buy was founded in 1966.
Best Buy is headquartered in Richfield, United States. It is registered at Richfield, Utah, United States.
Best Buy has 85,000 employees.
Annual revenue of Best Buy is $41.69B as on Jan 31, 2026.
Best Buy is a multinational consumer electronics company that sells mobile phones from Verizon Wireless, AT T Mobility, Sprint Corporation, Boost Mobile and-Mobile US, in regular stores and in its own mobile stores in shopping malls. It recorded 42.5B for the year 2016. It was founded by Richard M. Schulze and Gary Smoliak in 1966 as an audio specialty store. Geek Squad, Magnolia Audio Video, and Pacific Sales are its subsidiaries. In 2022, the company recorded annual revenues of 46.3B and a net profit of 1.42B.
Best Buy offers Electronics and Online Shopping Services.
Yes, Best Buy is publicly traded on NYSE under the ticker symbol BBY.
Best Buy has made 8 acquisitions, including Critical Signal Technologies, Current health, and Fusion Connect.
Best Buy operates through Best Buy Co., Inc.
Yes. Best Buy publishes Best Buy: Shop tech deals, with over 10 million downloads.
The website of Best Buy receives about 107.4 million visits a month and ranks #220 among all websites worldwide.