Company News

17 Nov: Best Buy Reports Better-than-Expected Third Quarter Results

Domestic Segment Comparable Sales Increased 1.8%

GAAP Diluted EPS Increased 62% to $0.60

Non-GAAP Diluted EPS Increased 51% to $0.62

MINNEAPOLIS, November 17, 2016 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter ended October 29, 2016 (“Q3 FY17”), as compared to the third quarter ended October 31, 2015 (“Q3 FY16”). The company reported GAAP diluted earnings per share from continuing operations of $0.60, an increase of 62% from $0.37 in Q3 FY16. Non-GAAP diluted earnings per share from continuing operations were $0.62, an increase of 51% from $0.41 in Q3 FY16.

By John Vomhof Jr. Company News

11 Nov: Best Buy Manager Learned to Lead in Army

After returning home in 1999 from an 8-month tour during the conflict in Kosovo, Army Spc. Steve Sonday planned to re-enlist for one of the military’s most dangerous jobs.

As a lifelong fireworks enthusiast, he dreamed of becoming an Explosives Ordinance Disposal technician, a role in which he would disarm bombs like in the movie “Hurt Locker.” He got his top-secret clearance and completed a stress test in the 75-pound bomb suit.

But Steve never signed his Army re-enlistment papers. Instead, he opted for civilian life and began what would become a very successful and fulfilling career at Best Buy.

By Best Buy Company News

10 Nov: Best Buy Tech Experts Offer Smart Solutions in ‘Designing Spaces’ episode

When Lifetime Network needed an authority in smart home technology, who did they call? Best Buy of course.

And we responded enthusiastically. Our In-Home Advisor and Geek Squad services were profiled today in a new episode of Designing Spaces, the home improvement show that refreshes and redesigns living spaces across the country.

The segment features the Sutton family, whose South Florida home needed tech TLC in the form of smart home devices, services and solutions. Best Buy In-Home Advisor Jeremiah Goldsmith and Geek Squad Double Agent Alex Pupo were there to help.

By Best Buy Company News

04 Nov: 5 Tips for Great DIY Holiday Card Photos

Get out the fancy sweaters. It’s time to take a family portrait for the annual holiday card.

Custom photo cards have become a popular tradition, filling our mailboxes with cheerful pics from old friends and distant relatives each year. But the race is on to capture a great shot in time to get your photo cards printed and mailed … before the new year isn’t new anymore.

Don’t worry, though, you don’t have to go to a fancy studio or hire a photographer..

By John Vomhof Jr. Company News Uncategorized

01 Nov: Best Buy launches Ignite Site for Startup Tech

If you geek out whenever you get a glimpse of cool, new tech devices, there’s a new page on BestBuy.com that’s sure to spark your interest.

We have introduced a Best Buy Ignite web page dedicated to the latest and greatest tech from startups. You can browse, learn about and shop for a variety of innovative gadgets — everything from wireless earbuds to a 3-D printer to a smart jump rope (yep, that’s a real thing).

The new page is the next step in our broader Best Buy Ignite program.

By Natalie Albers Company News

31 Oct: Best Buy Kicks off 2016 St. Jude Thanks and Giving® Campaign in Stores, Online

Riding bikes. Playing with dolls. Throwing the ball around. These are the things childhood should be made of.

Unfortunately, not every little one experiences those simple joys every day. For too many, childhood is interrupted by a life-threatening disease that instead has them undergoing surgeries, getting chemotherapy and waiting for results.

No child should have to live like this. That’s why St. Jude Children’s Research Hospital^® is there for these kids. St. Jude is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases.

By John Vomhof Jr. Company News

28 Oct: Best Buy Ads Show How Wonderfully Easy the Holidays Can Be

How easy would the holidays be if the tree put itself up, the nutcrackers made eggs or a poinsettia babysat the kids while you ran some last-minute errands?

Oh, if only…

The holidays can be the most joyful time of the year, but often the most stressful too. It always seems there’s too much to do and not enough time.

Thankfully, Best Buy is here to help.

“Holiday Gifting Made Easy” is the theme of our holiday ad campaign, which launched this week.

By Best Buy Company News Technology

25 Oct: A Closer Look at the Best Buy Holiday ‘Top Tech’ List

The Best Buy holiday “Top Tech” list contains the hottest new and emerging technologies handpicked by Best Buy’s experts, from virtual reality and smart home products to drones and hair dryers (yes, hair dryers).

You’ll also find the latest laptops, gaming systems, TVs, cameras and more.

You can learn about, preorder or buy them now in Best Buy stores and on BestBuy.com.

Check out the slideshow to learn more about these hot holiday products.

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By Best Buy Company News PR News Alerts Uncategorized

25 Oct: Best Buy Unveils Annual Holiday ‘Top Tech’ List

Start preparing those wish lists; the holiday shopping season is here. Today, Best Buy announced its annual “Top Tech” list — the 20 must-have technology products — just in time to get a head start on holiday shopping.

The list contains the hottest new and emerging technologies handpicked by Best Buy’s tech experts, from virtual reality and smart home products to drones and hair dryers (yes, hair dryers). It also includes the latest laptops, gaming systems, TVs, cameras and more. Customers can browse, learn about, preorder or buy them now in Best Buy stores and on BestBuy.com

By Best Buy Company News Uncategorized

21 Oct: Best Buy Photo Pros Show Off Their Best Shots

More than 100 employees from Best Buy stores across the country recently traveled to Colorado for a crash course in photography.

During the weeklong training, a team of world-class photographers put the attendees through a series of classes and provided one-on-one advice and coaching. That knowledge was then put to the test in hands-on scenarios, including poor light, action shots and portraits.

They join a group of more than 500 other Best Buy employees who have completed the rigorous training over the past two years.

By Kevin Flanagan Company News PR News Alerts

19 Oct: Geek Squad’s New Setup & Support Service Helps Solve Your Wi-Fi Woes

It happened again.

You’re ready to kick back with some popcorn and watch that new movie on Netflix, but as soon as you push play, you’re greeted with that dreaded circle that never seems to stop spinning.

It’s another buffering issue because of a poor Wi-Fi connection.

But there’s help. Enter the new Home Wi-Fi Setup & Support service from Best Buy’s Geek Squad.

Going well beyond what internet service providers typically offer, Geek Squad Agents will optimize your router’s performance by configuring advanced settings you might not know exist.

By Best Buy Company News PR News Alerts

11 Oct: Oculus Touch Demos coming to Best Buy stores

You’ve looked into the future. Now you can Touch it.

Starting this week, Best Buy is one of the first retailers where you can try out the new Oculus Touch controllers with its Rift virtual reality headset.

Oculus revealed details of its new Touch controllers last week. The hand-held devices help bring your real hands into virtual environments by allowing you to make gestures and finger movements. It provides you with a more realistic VR experience.

Hundreds of Best Buy stores have been hosting demos of Oculus Rift since May.

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