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.
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.
We know customers value very different benefits when it comes to their technology. Earlier this year, we introduced My Best Buy Memberships, which gives customers more freedom to find a membership that fits their technology needs, budget and lifestyle.
Our collection of memberships includes My Best Buy™, My Best Buy Plus™ and My Best Buy Total™ — three tiers built for customers who want convenience, value and access, and protection and support.Each membership option has a different set of benefits – ranging from members-only pricing and deals, access to exclusive sales and events, 24/7 tech support, product protection, free shipping and more – and at different price points.
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.
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.
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.
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.
MINNEAPOLIS – Aug. 1, 2023. Best Buy Co., Inc. has appointed David C. Kimbell, a leading specialty retail executive, to its Board of Directors, effective immediately.
Kimbell is the Chief Executive Officer of Ulta Beauty, the largest specialty beauty retailer in the U.S., and has held the role since June 2021. He also sits on its Board of Directors. Since joining Ulta Beauty in 2014, he has served in leadership roles including President and Chief Merchandising and Marketing Officer.
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.
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.
We recommend starting with the basics and getting organized. Here are some tools to help you:
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.
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.
Updated membership options give customers the opportunity to find the tier that fits their needs.
Sign up now for exclusive deals, deeper discounts, tech support, product protection and more.
The wait is over! Today, Best Buy is rolling out its new suite of membership options, My Best Buy Memberships™ — three tiers built for customers who want convenience, value and access, and protection and support.
Each of the options, My Best Buy™, My Best Buy Plus™ and My Best Buy Total™ offers a different set of benefits that give customers more freedom to find a membership that fits their technology needs, budget and lifestyle.
Today, Best Buy is introducing even more products to its Upgrade+ program, powered by Citizens Pay®, making it easier than ever to experience Apple’s latest technology at unbelievable monthly prices.
Customers will now be able to get their hands on select models of iPad Pro and Apple Watch Ultra through the exclusive program, offering more flexibility to get the products that best fit their tech needs – and their budget. The program also includes the latest models of MacBook Air, MacBook Pro, iMac, Mac Studio and Mac mini.