best buy

By Best Buy Company News

19 Sep: Best Buy’s holiday sneak peek is here

Incredible savings start this October with special purchase rewards, exclusive sale events and a month filled with perks for My Best Buy Plus™ and My Best Buy Total™ members

The countdown to the holidays is here, and Best Buy is sharing the first look at how shoppers can expect to save, feel confident and stand out as an expert gift giver this season. This October, and throughout the holiday season, customers will experience Best Buy’s curated assortment of high-quality technology, huge savings, and more ways to shop and get expert advice than ever before.

By Best Buy Company News

12 Sep: How to shop at Best Buy in your local area

We’re focused on providing a seamless shopping experience for our customers, no matter where or how they shop—in-store, online or, most often, a combination.

Everyone has different needs and preferences when they shop, especially for technology, which is why we have a variety of different experiences customers can take advantage of while shopping or looking for expert advice.

What does this mean exactly? For our stores, it means there’s no longer a “one size fits all” approach for every customer or community.

By Best Buy Company News Geek Squad

12 Sep: Best Buy Health and Geisinger expand work to improve chronic disease management at home

Initial program with Best Buy’s Geek Squad resulted in quicker access to care, better adherence and more positive outcomes for chronic care patients

MINNEAPOLIS and DANVILLE, Pa. (Sept. 12, 2023) – Building on the success of delivering in-home care for patients with chronic conditions through Geek Squad, Best Buy Health and Geisinger announced today that they will expand their work together to bring a better level of care to more patients within the Geisinger network.

Geisinger launched its ConnectedCare365 chronic care management platform in 2021 and has since enrolled more than 1,100 patients in remote patient monitoring programs for chronic conditions like congestive heart failure (CHF), chronic obstructive pulmonary disease (COPD), hypertension, and diabetes.

By Anthony Aleman Company News

11 Sep: All the ways to get your tech from Best Buy

At Best Buy, we know our customers want to shop and get their tech on their own terms. That’s why we have a variety of different ways you can pick up that purchase or gift – conveniently and seamlessly.

Store Pickup

Know exactly what you’re looking for? Store Pickup makes it easy and is available at every Best Buy location. Customers can place an order on BestBuy.com or through the Best Buy app and most orders are ready for pickup within an hour.

By Best Buy Company News

29 Aug: Best Buy reports Q2 FY24 results

Comparable Sales Declined 6.2%

GAAP Diluted EPS of $1.25

Non-GAAP Diluted EPS of $1.22

MINNEAPOLIS, August 29, 2023 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended July 29, 2023 (“Q2 FY24”), as compared to the 13-week second quarter ended July 30, 2022 (“Q2 FY23”).

Click here to view full release and statements.

	Q2 FY24	Q2 FY23
Revenue ($ in millions)
Enterprise	$9,583	$10,329
Domestic segment	$8,890	$9,569
International segment	$693	$760
Enterprise comparable sales % change¹	(6.2)%	(12.1)%
Domestic comparable sales % change¹	(6.3)%	(12.7)%
Domestic comparable online sales % change¹	(7.1)%	(14.7)%
International comparable sales % change¹	(5.4)%	(4.2)%
Operating Income
GAAP operating income as a % of revenue	3.6%	3.6%
Non-GAAP operating income as a % of revenue	3.8%	4.1%
Diluted Earnings per Share (“EPS”)
GAAP diluted EPS	$1.25	$1.35
Non-GAAP diluted EPS	$1.22	$1.54

For GAAP to non-GAAP reconciliations of the measures referred to in the above table, please refer to the attached supporting schedule.

By Julia Benda Company News

09 Aug: Campus finds: tech you didn’t know you needed

Now that you’ve got the college basics down, let Best Buy offer some tips for getting to the head of the class.

Whether you’re commuting around campus, styling your dream dorm room or optimizing your study sessions, check out this tech to help you achieve an A+ semester.

Study smart

reMarkable paper tablet

Forgo traditional note-taking frustrations and replace it with a tablet that looks and feels like paper, with unlimited virtual pages, special tags and folders to keep organized. Plus, reMarkable tablets are now available in select Best Buy stores too, so you can see them firsthand.

By Emily Gaylord Company News

07 Aug: Best Buy makes it easy to shop assistive technology products

A new landing page on BestBuy.com aims to make it easier for people with disabilities and their loved ones to shop for assistive technology products.

Now there’s a single place that pulls together a wide range of products to help make life easier, from hearing aids and walkers to adaptive controllers and voice-controlled tech.

“We wanted to make the shopping experience better so customers could find what they needed or discover products they never considered before,” said Rachel, experience designer and one of the project managers who brought the page to life.

By Best Buy Lifestyle

27 Jul: Best Buy interns enjoying summer of learning, fun

Editor’s note: Hannah Sethi, the author of this article, is part of the internship program and a senior at the University of Wisconsin. She is working with our talent acquisition team this summer.

This summer, 115 Best Buy interns are gaining valuable professional experience while making a lasting impact on their teams.

This is the first time our interns have worked in a hybrid model, spending some time on site and remote, similar to many of our corporate employees.

The interns also come from a diverse range of backgrounds:

More than 50% BIPOC
More than 50% female
10% internal, including store employees
More than 40 colleges and universities

Throughout the program, our interns have received opportunities for professional development, networking and some unforgettable fun with their teams and fellow interns.

By Best Buy Company News

25 Jul: Best Buy Health introduces enhanced Lively plans to support seniors

Best Buy Health’s goal is to enable care at home by building on our strengths in three focal areas, one of which is aging at home. Through this work we are supporting an aging generation and their families with simple, human-supported solutions.

Today, we’re unveiling the latest updates to our Lively plans, so we can better help seniors stay connected, safe and healthy. These new plans highlight the impactful services the Lively caring teams provide to our customers every day.

By Anthony Aleman Company News

25 Jul: Back to school 2023: Shop smart with Best Buy

It’s back-to-school season, and we’ve put together a study guide to help you shop the latest technology and accessories at Best Buy.

Whether in class or studying at home, you need the right tools to make the grade. Best Buy has you covered, from advice to savings on the latest and greatest products. We’re sharing our notes, so read on and build your shopping strategy.

Back-to-school shopping essentials

We recommend starting with the basics and getting organized. Here are some tools to help you:

Student Hub: Our Student Hub is your destination for resources and inspiration.

By Keegan Shoutz Company News

20 Jul: Best Buy expands offering for customers with hearing loss

Best Buy is expanding its existing hearing device experience, making it more convenient than ever for the millions of Americans with mild to moderate hearing loss to get the products and support they need. An additional 200 stores will have the in-store hearing experience this summer, with an additional 100 added in the fall, bringing the total number of stores carrying hearing devices to over 600. We’re also adding a selection of new hearing aid sets in store and online, expanding the number of brands we offer our customers overall.

By Best Buy Company News

17 Jul: How to shop your state’s 2023 tax-free sale at Best Buy

It’s that time of the year when shoppers in certain states can get their hands on new tech tax-free before school starts. To help you shop smart and save big, we’re here with some advice for crossing off some of those back-to-school essentials on your shopping list.

This year, multiple states will have tax exemptions on select products, including laptops, tablets, computing accessories, and more. We’re looking at you, Arkansas, Florida, Missouri, South Carolina, and Tennessee.

See the gallery below for a breakdown of tax-free sales by state.

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