This week we introduced changes in our in-store recycling program that allow us to continue to provide this service for our customers.
Best Buy
Best Buy sent an expert Blue Shirt to Dyson HQ to learn about the technology that makes the Ball Animal vacuum easy to maneuver and able to work on multiple surfaces.
Much of CES is about looking to the future of technology, but it’s also an opportunity to celebrate the most innovative products of the present.
Gift cards for consumer electronics were among the most popular gifts this year, and Best Buy is making it easy to transform them into the goodies of people’s dreams with great deals on top products.
As one of the first retailers to offer shoppers plastic gifts cards 20 years ago, Best Buy led one of the hottest trends in gift-giving.
Back then, our wallet-sized plastic cards replaced cumbersome paper gift certificates.
It took a while for shoppers to embrace the concept of gift cards, but today they’re one of the most popular items for gift-givers and gift-receivers. In fact, the National Retail Federation expected total spending on the cards to reach $25.9 billion in 2015.
Laura Bishop spoke to educators from Climate Generation at COP21 about the role of business in climate change.
Just two weeks ago, 187 countries gathered in Paris and unanimously agreed to reduce their carbon emissions to confront climate change. I witnessed this historic achievement and returned home both energized and hopeful. Here’s why:
Our world is united.
This remarkable agreement resulted from the public and private sectors working together to forge a global pact to keep global warming well below 2 degrees Celsius (3.6 degrees Fahrenheit), with a target of below 1.5 C (2.7 F).
Nearly 40 high school students from Chicago got expert training from music industry professionals earlier this month during Best Buy's Grammy Camp Weekend. They got to learn songwriting, electronic music production and video production.
More and more Americans are indulging in “self-gifting” at the holidays, checking something off their own wish lists while out shopping for loved ones.
Free holiday shipping is a great perk for shoppers this time of year but, sadly, there are people out there who will steal packages from doorsteps. Here are tips to make sure deliveries end up where they're intended.
Sometimes important data — from baby pictures to family videos to term papers — seems to go missing from your device. Before you panic, though, consider bringing it in to a Best Buy store for help.
Domestic Segment Revenue Increased 1.2%
Non-GAAP Diluted EPS from Continuing Operations Increased 21% to $0.41
GAAP Diluted EPS from Continuing Operations Increased 12% to $0.37
MINNEAPOLIS, Nov. 19, 2015 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter (“Q3 FY16”) ended October 31, 2015 as compared to the third quarter (“Q3 FY15”) ended November 1, 2014.
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| Q3 FY16 | Q3 FY15 | |
| Enterprise Revenue ($ in millions)1 | $8,819 | $9,032 |
| Domestic segment | $8,090 | $7,992 |
| International segment1 | $729 | $1,040 |
| Enterprise Comparable Sales % Change: | ||
| Excluding the estimated benefit of installment billing2,3 | 0.5% | 2.2%4 |
| Estimated benefit of installment billing3 | 0.3% | 0.7% |
| Comparable sales % change2 | 0.8% | 2.9%4 |
| Domestic Comparable Sales % Change: | ||
| Excluding the estimated benefit of installment billing2,3 | 0.5% | 2.4% |
| Estimated benefit of installment billing3 | 0.3% | 0.8% |
| Comparable sales % change2 | 0.8% | 3.2% |
| Comparable online sales % change2 | 18.3% | 21.6% |
| Q3 FY16 | Q3 FY15 | |
| Operating Income: | ||
| GAAP operating income as a % of revenue | 2.6% | 2.3% |
| Non-GAAP operating income as a % of revenue5 | 2.8% | 2.4% |
| Diluted Earnings per Share (EPS): | ||
| GAAP diluted EPS from continuing operations | $0.37 | $0.33 |
| Impact of non-restructuring SG&A charges6 | $0.02 | $0.02 |
| Impact of restructuring charges6 | $0.02 | $0.01 |
| Impact of gain on investments, net | $0.00 | ($0.01) |
| Income tax impact of Non-GAAP adjustments7 | $0.00 | ($0.01) |
| Non-GAAP diluted EPS from continuing operations5 | $0.41 | $0.34 |
Hubert Joly, Best Buy chairman and CEO, commented, “We have delivered another quarter of Domestic comparable sales growth and operating income expansion.
Best Buy has received a perfect “100” rating and earned a place on the “Best Places to Work” list on The Human Rights Campaign (HRC) Foundation’s annual Corporate Equality Index.
It’s a recognition the company has now received 11 times.
The index provides in-depth analysis and ratings of large U.S. companies, taking into account the employers’ policies and practices put in place for lesbian, gay, bisexual and transgender employees.
Best Buy has several teams that contribute to attracting employees and supporting a diverse and inclusive workforce, including the PRIDE Employee Business Network (EBN), the Diversity & Inclusion Team and Human Resources.