About Best Buy
Best Buy is a company based in Richfield (United States) founded in 1966 by James Wheeler and Richard M Schulze. The company has 85,000 employees as of January 31, 2024. Best Buy has completed 8 acquisitions, including Critical Signal Technologies, Current health and Fusion Connect. Best Buy offers products and services including Electronics and Online Shopping Services.
- Headquarter Richfield, United States
- Employees 85000 as on 31 Jan, 2024
- Founders James Wheeler, Richard M Schulze
- Stage Public
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Best Buy Co., Inc.
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Annual Revenue
$41.53 B (USD)-4.43as on Jan 31, 2025
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Net Profit
$927 M (USD)-25.3as on Jan 31, 2025
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EBITDA
$2.59 B (USD)-1.97as on Jan 31, 2025
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
85000
as on Jan 31, 2024
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Investments & Acquisitions
Critical Signal Technologies
& 7 more
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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.
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
People of Best Buy
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Software Development Team
149 people
Leadership Team
113 people
Sales and Marketing
63 people
Operations Team
44 people
Human Resources and Administration
37 people
General Team
35 people
Finance and Accounting
33 people
Senior Team
27 people
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Funding Insights of Best Buy
Detailed funding history for Best Buy
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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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.
Investment portfolio details for Best Buy
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Outdoor furniture is branded and distributed by Yardbird.
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Locked | Locked | 2016 | Locked | |
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Remote vital sign monitoring is provided via wearable devices.
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Locked | Locked | 2014 | Locked | |
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In-store mobile marketing solutions are provided to retailers and brands.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Best Buy
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Best Buy
Detailed financials for Best Buy
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Best Buy Comparisons
Peer comparison for Best Buy
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Competitors of Best Buy
Detailed competitors of Best Buy
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Latest news on 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.
As of Jan 31, 2024, the latest employee count at Best Buy is 85,000.
Annual revenue of Best Buy is $41.53B as on Jan 31, 2025.
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.
The ticker symbol of Best Buy is BBY on NYSE.