For almost nine weeks, Tonette Grace took care of her grandkids from out of state so their dad could continue working.
Her son, Devon Mouton, lives in Louisiana and was able to work during the COVID-19 crisis because Best Buy was deemed an essential business. But there was one problem: He lost his usual child care because of the pandemic.
Devon and his mom agreed that the best option was to send 3-year-old Nori and 4-year-old Brody to stay with their “Gigi” and “Paw Paw” in Texas.
For almost nine weeks, Tonette Grace took care of her grandkids from out of state so their dad could continue working.
Her son, Devon Mouton, lives in Louisiana and was able to work during the COVID-19 crisis because Best Buy was deemed an essential business. But there was one problem: He lost his usual child care because of the pandemic.
Devon and his mom agreed that the best option was to send 3-year-old Nori and 4-year-old Brody to stay with their “Gigi” and “Paw Paw” in Texas.
When Best Buy leaders in Pittsburgh learned that a 13-year-old boy with cancer wanted to do a shopping spree at a local store, they were determined to make it happen — even if he couldn’t step inside.
Tony was diagnosed with neurofibromatosis at just 9 months old. He has since been on multiple experimental treatments, and he recently learned that he has a large cancerous tumor in his abdomen that requires chemotherapy and radiation.
Jamie’s Dream Team, a local nonprofit that helps fulfill dreams of individuals facing severe life difficulties, was hoping to fulfill Tony’s wish to go to an amusement park and a pro basketball game.
COVID-19 has changed the way we think about social interactions at work, and many companies, including Best Buy, are requiring employees to wear face coverings.
While the company is providing face coverings for employees, some have chosen to add a little personal flare by making their own. Others have chipped in to make them for their colleagues around the country, especially early in the pandemic when face coverings were in short supply.
So far, close to 6,000 homemade face coverings have been distributed to employees across the country.
We are, I believe, in one of the toughest times in our country’s history, as we continue to battle a deadly pandemic and the resulting economic havoc while, once again, coming face-to-face with the long-term effects of racial injustice. Watching tens of thousands take to the streets to speak out against fear and inhumanity is, on one hand, inspiring for the commitment it represents and, on the other, heartbreaking for its profound need.
But what’s next? What do we do to change the cycle in which black men or women, with tragic frequency, are harmed by those who are supposed to protect them?
Another black man in America died senselessly on Monday, and it happened only miles from where many of us live. As cars and people passed by, unaware that a man was struggling to breathe as another’s knee was on his neck, our state and country witnessed yet another example of how the life of an African American man, woman, boy or girl is fundamentally different from their white friends, neighbors and colleagues.
All this happened on the same day another black man, this time in New York City, was threatened by a white woman who said she would call the police on him when he requested she leash her dog, as required by city ordinance.
At Best Buy, we aim to create an inclusive culture where everyone feels welcome and accepted, and not just during Pride Month in June. It’s a year-round commitment.
Our efforts to raise awareness and support for LGBTQIA+ employees and people in the communities we serve has not gone unnoticed. For the 15th year, we scored 100% on the Human Rights Campaign Corporate Equality Index.
Earning this distinction makes us a “Best Place to Work for LGBTQ Equality.” The index benchmarks and reports on how companies are helping to achieve workplace equality for LGBTQIA+ employees.
At Best Buy, we’re committed to offering products that help our customers reduce their carbon footprints while saving money on their utility bills.
For the average household, more than half of the energy used is for heating and cooling1. A great way to control, monitor and reduce energy used at home is by installing a smart thermostat.
To help our customers save energy and money, we’re partnering with Google to offer deals on Nest smart thermostats this month.
From now through May 31:
MINNEAPOLIS, May 21, 2020 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter ended May 2, 2020 (“Q1 FY21”), as compared to the 13-week first quarter ended May 4, 2019 (“Q1 FY20”).
(Click here for a PDF version. Click here to view full release and statements.)
| Q1 FY21 | Q1 FY20 | |||||
| Revenue ($ in millions) | ||||||
| Enterprise | $8,562 | $9,142 | ||||
| Domestic segment | $7,915 | $8,481 | ||||
| International segment | $647 | $661 | ||||
| Enterprise comparable sales % change1 | (5.3)% | 1.1% | ||||
| Domestic comparable sales % change1 | (5.7)% | 1.3% | ||||
| Domestic comparable online sales % change1 | 155.4% | 14.5% | ||||
| International comparable sales % change1 | 0.2% | (1.2)% | ||||
| Operating Income | ||||||
| GAAP operating income as a % of revenue | 2.7% | 3.7% | ||||
| Non-GAAP operating income as a % of revenue | 2.9% | 3.8% | ||||
| Diluted Earnings per Share (“EPS”) | ||||||
| GAAP diluted EPS | $0.61 | $0.98 | ||||
| Non-GAAP diluted EPS | $0.67 | $1.02 |
For GAAP to non-GAAP reconciliations of the measures referred to in the above table, please refer to the attached supporting schedule.
Josh and Jennifer Wesolek wanted to outdo all the drive-by birthday celebrations they’d seen during the COVID-19 crisis. After all, their son Matt wasn’t just turning 18, he was graduating high school, too.
They thought he deserved something big. And that’s why Josh reached out to his local Best Buy store in Saginaw, Michigan.
“I called you guys to add a little extra spark to it,” Josh said.
And it worked. No one expected to see a Geek Squad van in the lineup of firetrucks and friends’ sedans.
When Dennis Parry learned that Best Buy would require face coverings for employees as a safety measure during COVID-19, he grew concerned.
Dennis is hard of hearing, and as a general manager, he relies on reading lips to communicate with employees and customers at his store in Easton, Pennsylvania. Face coverings would make that impossible.
“When I first heard about the change, I felt like I was going to be a hindrance to the team,” he said. “I wanted to make sure I’d be able to communicate with my staff.”
It’s not every day you meet a tech analyst who moonlights as a face painter but then again, you probably haven’t met Lynda Tysver.
She paints faces, in part, to raise money for St. Jude Children’s Research Hospital. Her favorite part is what she calls the big reveal, when she holds the mirror up for a child she’s transformed into a butterfly or a dinosaur.
“It’s like Christmas morning,” said Lynda, who has been a contract worker for Best Buy in Minnesota for the past three years.