If you’re still checking off items on your gift list, Best Buy is here to help.
We’ve got the holiday season’s top tech to inspire, hottest deals through the month and convenient ways to shop. And with Christmas Day falling on a Monday, that means one more weekend to stop by a Best Buy store. Most stores will close at 6 p.m. on Christmas Eve.
For customers who shop on BestBuy.com, there’s no faster way to get those gadgets in hand than by taking advantage of store pickup.
For more than 50 years, Best Buy has been providing expert advice to help you with all your tech needs. Now, we’re going a step further by bringing personal consultation services into your home with the In-Home Advisor program.
The recently launched service provides a Best Buy expert to suggest products and services to help you accomplish your goals. The project size or scope doesn’t matter.
So whether you want a new home theater setup, updated kitchen appliances or an enhanced home Wi-Fi network, the advisor will customize it to your home.
Best Buy has landed at No. 6 on Newsweek’s 2017 Green Rankings list of the 500 largest publicly traded U.S. companies.
Up 21 spots from last year, Best Buy is the top-ranked retailer.
The Newsweek Green Rankings represent the companies that are generating the most revenue with the least amount of environmental impact. Corporate Knights, in partnership with Newsweek, analyzes eight main factors, including carbon, energy, water, waste and the extent to which internal governance is geared toward sustainability.
Like the rest of the country, we have been watching with horror the wildfires in Southern California. Our thoughts are, of course, with our employees, customers and communities affected.
While all employees are safe, too many have been impacted, including one who lost his apartment to the fires and more than two dozen who were forced to evacuate and remain uncertain about the fate of their homes. We are working with each of them to get them help.
At the same time, we’re looking to do what we can among those less fortunate communities we serve who are facing the effects of these fires.
Best Buy has been recognized as a global leader in addressing climate change, securing a spot on the prestigious CDP Climate A List for the second time.
This distinction, awarded Thursday, puts Best Buy among the top 5 percent of companies participating in CDP’s climate change program, which is regarded as the “honor roll” for environmental stewardship. Best Buy is one of only two U.S. retailers named to this year’s list of 120 companies.
Reducing carbon in our operations has been a key focus at Best Buy for nearly a decade.
For Hamza Noor, attending the grand opening of a new Best Buy Teen Tech Center in Minneapolis on Tuesday was a homecoming of sorts.
He spent four years as a student attending the original Teen Tech Center at the downtown Minneapolis Central Library. Now, he will help teens gain skills they’ll need for the future as a Teen Tech Center employee at Pillsbury United Communities’ Brian Coyle Center — in the neighborhood where he grew up.
“I learned so much at the [downtown] Teen Tech Center, and now this new location will let all of the youth of Cedar-Riverside have the same opportunities,” Hamza said.
The Best Buy Teen Tech Center program is expanding nationwide, and we’re currently looking for nonprofit/public entity host partners in six new cities.
Best Buy Teen Tech Centers are places where underserved teens can develop critical tech skills through hands-on activities. Those activities include programming, filmmaking, music production and design.
Each of our 11 current locations give students access to tech education opportunities, relationships that help to build confidence and a foundation for school and career success. Our partnership with The Clubhouse Network connects members to a global community of more than 100 clubhouses in 20 countries.
MINNEAPOLIS, November 16, 2017 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter ended October 28, 2017 (“Q3 FY18”), as compared to the third quarter ended October 29, 2016 (“Q3 FY17”). The company reported diluted earnings per share from continuing operations of $0.78, an increase of 30% from $0.60 in Q3 FY17. (PDF version here.)
| Q3 FY18 | Q3 FY171 | |
| Revenue ($ in millions)2 | ||
| Enterprise | $9,320 | $8,945 |
| Domestic segment | $8,491 | $8,192 |
| International segment | $829 | $753 |
| Enterprise comparable sales % change | 4.4% | 1.8% |
| Domestic comparable sales % change | 4.5% | 1.8% |
| Domestic comparable online sales % change | 22.3% | 24.1% |
| International comparable sales % change | 3.8% | N/A |
| Operating Income: | ||
| GAAP operating income as a % of revenue | 3.8% | 3.5% |
| Non-GAAP operating income as a % of revenue | 3.7% | 3.5% |
| Diluted Earnings per Share (EPS): | ||
| GAAP diluted EPS from continuing operations | $0.78 | $0.60 |
| Non-GAAP diluted EPS from continuing operations | $0.78 | $0.60 |
|
For GAAP to non-GAAP reconciliations, please refer to the attached supporting schedule titled “Reconciliation of non-GAAP Financial Measures”. | ||
HUMBLE, TEXAS – It was late August, Hurricane Harvey had already made landfall in Houston, and Travis Shahan, general manager of the Best Buy store in Humble, thought things were going to be fine.
Located on the north side of the Houston area near Bush Intercontinental Airport, the Humble store had always been safe from flooding. In the middle of the night, however, Travis got a call from the alarm company that serves the store. The motion detectors had gone off, but nobody was in the store.
Geek Squad Academy, one of Best Buy’s signature community programs, is now accepting applications to host free two-day tech camps for youth in 2018.
We will accept applications from nonprofits, schools, libraries and other community groups.
Geek Squad Academy is one way we will reach our goal of preparing 1 million underserved youth for tech-reliant jobs of the future.
When Sam Messenheimer left the Marine Corps, he found it difficult to transition to civilian life. Many prospective employers didn’t understand his military jargon or how his skills would translate to a new role.
Then he interviewed at Best Buy, where the leaders showed an interest in his military experience and took the time to understand how it could translate to responsibilities within the company.
The rest, as they say, is history. Sam, who started as a part-time asset protection specialist, now serves as an assistant manager in North Carolina.
Best Buy Canada has been named one of Canada’s Top 100 Employers for 2018.
The company was selected as part of a national competition to highlight employers who offer exceptional workplaces for their employees. The top 100 employers were announced in a special feature of The Globe and Mail magazine.
Best Buy Canada was measured against other organizations on criteria including, physical workspace, work atmosphere, benefits, employee communication, performance management, training development, and community involvement.
For example, the company got an A+ for employee engagement and performance.