Best Buy

23 Sep: Best Buy and OurCycle LA Bridge Digital Divide for Los Angeles Families

The goal was bridging the digital gap for families, but the theme was empowerment at Dorsey High School in Los Angeles on Sept. 19.

Several families, with help from Best Buy employees, were trained on basic computer skills and went home with something they didn’t have before – Internet connectivity and a computer.

Best Buy partnered with OurCycle LA, a City of Los Angeles digital inclusion pilot program geared at providing free refurbished computers and training to low-income families in Los Angeles.

By Best Buy Community Relations Company News PR News Alerts Sustainability

18 Sep: Teens Teach Seniors Technology, With Help from Best Buy

Best Buy recently joined forces with two nonprofits in Washington, D.C., to help older adults connect with technology — often for the very first time — with teen mentors by their side.

The company, along with Cyber-Seniors and the Boys and Girls Club of Greater Washington, brought together 30 teens and 23 seniors at the Best Buy Teen Tech Center. The event included a reception and demonstrations led by Best Buy and Geek Squad trainers. Several other employees from area stores volunteered to help out, too, as the event happened during the Best Buy Week of Service.

By Best Buy Company News PR News Alerts

15 Sep: Cognizant Technology Solutions CFO Karen McLoughlin Joins Best Buy Board of Directors

MINNEAPOLIS – Sept. 15, 2015 – Best Buy Co., Inc. announced today the appointment of Karen McLoughlin to its Board of Directors. McLoughlin is the chief financial officer at Cognizant Technology Solutions (Nasdaq: CTSH), a Fortune 500 company and leading provider of information technology, business process and consulting services.

McLoughlin, 50, joined Cognizant in 2003 and has spearheaded several critical transformation initiatives during her time with the company. She has been the chief financial officer since 2012, overseeing the company’s worldwide accounting and controllership, enterprise risk management, financial planning and analysis, internal audit, investor relations, tax and treasury functions.

By Best Buy Company News PR News Alerts

11 Sep: Best Buy ‘Dorm on Wheels’ Surprises 6 Students With Tech for School

With technology playing an increasingly important role in college students’ lives, keeping ahead of the curve is essential for any well-prepared student. That’s why Best Buy helped six college students start their school year off right.

Over the last month, Best Buy gave college students across the country a huge surprise as part of the #BESTCOLLEGE Challenge Contest. Six grand-prize winners, who were chosen based on college tips and advice they submitted online, were visited by a “dorm room on wheels” full of approximately $2,500 worth of the latest and greatest back-to-school products from Best Buy.

By Best Buy Company News PR News Alerts

08 Sep: Top 10 Back to School Items You Might Have Forgotten

Classes are back in session at many U.S. colleges, but according to the National Retail Federation, almost 50 percent of students have completed only half of their Back to School shopping.

Even when all the items are checked off the list, there are bound to be things that got left off.

Don’t worry, Best Buy is here to help with a lineup of the top-10 things you might have forgotten:

1. Ink cartridges: By picking up a few ink cartridges, you’ll never have to stress about faded printing before handing in your papers.

By Best Buy Company News PR News Alerts

26 Aug: Christian Siriano Unveils Exclusive Collection of Tech Accessories at Best Buy

When you think about Christian Siriano, you probably think of your favorite celebrities wearing his gorgeous gowns on the red carpet. Soon, you can see his designs dress up your favorite tech devices – thanks to the new Christian Siriano for Best Buy collection.

The world-renowned designer and electronics retailer have partnered to bring shoppers a collection of cases for smartphones, tablets and laptops. All cost less than $60 and are available only at Best Buy.

“Customers want cases that show off their personal style,” said Patrick McGinnis, Vice President of Accessories at Best Buy.

By Best Buy Company News PR News Alerts

25 Aug: Best Buy Reports Fiscal Second Quarter Results

Domestic Segment Revenue Increased 3.9%

Non-GAAP Diluted EPS from Continuing Operations Increased 17% to $0.49

GAAP Diluted EPS from Continuing Operations Increased 18% to $0.46

MINNEAPOLIS, August 25, 2015 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter (“Q2 FY16”) ended August 1, 2015 as compared to the second quarter (“Q2 FY15”) ended August 2, 2014.

Printable PDF version: Click here

	Q2 FY16	Q2 FY15
Enterprise Revenue ($ in millions)¹	$8,528	$8,459
Domestic segment	$7,878	$7,585
International segment¹	$650	$874
Enterprise Comparable Sales % Change:
Excluding the estimated benefit of installment billing^2,3	2.7%	(2.2%)⁴
Estimated benefit of installment billing³	1.1%	—
Comparable sales % change²	3.8%	(2.2%)⁴
Domestic Comparable Sales % Change:
Excluding the estimated benefit of installment billing^2,3	2.7%	(2.0%)
Estimated benefit of installment billing³	1.1%	—
Comparable sales % change²	3.8%	(2.0%)
Comparable online sales % change²	17.0%	22.0%

	Q2 FY16	Q2 FY15
Operating Income:
GAAP operating income as a % of revenue	3.4%	2.7%
Non-GAAP operating income as a % of revenue⁵	3.4%	2.9%
Diluted Earnings per Share (EPS):
GAAP diluted EPS from continuing operations	$0.46	$0.39
Impact of cathode ray tube (CRT) settlements⁶	($0.03)	$0.00
Impact of non-restructuring SG&A charges⁷	$0.03	$0.02
Impact of restructuring charges⁷	$0.03	$0.01
Non-GAAP diluted EPS from continuing operations⁵	$0.49	$0.42

Hubert Joly, Best Buy chairman and CEO, commented, “We believe these better-than-expected second quarter results are affirmation that our strategy of offering advice, service and convenience at competitive prices is paying off.

By Best Buy Company News PR News Alerts

13 Aug: Pre-Order the New Samsung Galaxy S6 edge plus or Galaxy Note5 Now at Best Buy

It’s a great day to be an Android user; today, Samsung announced the addition of two new smartphones: the Galaxy S6 edge+ and the Galaxy Note5.

The phones aren’t on sale officially until Friday, Aug. 21 but that doesn’t mean you can’t reserve one early.

Now, Best Buy customers who pre-order, purchase or lease and activate one of the new Samsung phones in stores or on BestBuy.com will get a free wireless charging pad (while supplies last).

On the fence about upgrading?

By Best Buy Company News PR News Alerts

11 Aug: Laptop or Tablet: How to Pick the Right Device

As summer comes to an end, many of us are thinking about what our families will need for back to school – especially if we’re planning to invest in a new computer. With all of the tablets, laptops and 2-in-1 devices on the market today, it can be difficult to decide which is right for you.

Ask yourself these simple questions to figure out what device is the best fit:

How will you use your device? Determining if you’re a light, average or advanced user will help determine what device specs best fit your needs.

By Best Buy Company News PR News Alerts

06 Aug: Three Reasons Why You Need a Dash Cam

If a picture is worth a thousand words, how many is a video worth?

We’ve all seen something on the road we wish we caught on film. Whether it’s driving to or from work, running errands or going on a road trip, you never know when a dash cam might come in handy.

Dash cams are compact cameras that can be used to record 24/7 video from the view of your windshield. They’ve been used in police cars for years, and now you can use one to capture the picturesque scenery on your summer road trip and provide an “eyewitness account” in the case of an accident.

By Best Buy Company News PR News Alerts

03 Aug: 10 Tech Essentials for Back to School

This year, 30 percent of college students will live in a dorm or campus housing.

For many of them, especially freshmen, one of the most exciting aspects of heading to college is setting up their rooms. It’s easy to think about the basics, like sheets and towels, but don’t forget about must-have tech gadgets that will make their studies successful and their new home feel like … well … a home. From mini fridges to laptops, we’ve come up with the top-10 essentials for college students this year:

By Best Buy Company News PR News Alerts

30 Jul: See the World in a New Way When 360fly Arrives at Best Buy

360fly is a new camera that provides an innovative way to capture the world around you, and it will soon be for sale exclusively at Best Buy.

Slightly larger than a golf ball, 360fly is a single-lens camera that captures scenes in a 360-degree video format — video that’s fully interactive.

It packs high quality, 360-degree video into a lightweight, waterproof (down to 120 feet) and rugged design. With 360fly, you can capture your world, share to your favorite social media networks and immerse yourself in video that’s almost as good as being there.

1 … 60 61 62 … 69