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25 Jun: A Decade of Dedication

Happy 10^th Anniversary, Best Buy Sustainability Report!

We’ve come a long way since our first Corporate Responsibility & Sustainability report in 2006. During this journey, we have tried 50 different ways to make an infographic, coerced co-workers into posing for photos, dabbled in QR codes, and conquered GRI G4.

We’ve gone from “rah-rah” Best Buy to digging into serious issues that affect our business and the world. From E-waste Recycling to Human Rights, we have stayed true to our objective over the years – to positively impact our world.

By Best Buy Company News Featured

15 Dec: Holiday Tech Advice On-The-Go: Geek Squad Arrives at Chicago O’Hare International Airport

Over the past several years, Chicago O’Hare International Airport has been one of the five busiest airports in the U.S., with more than five million passengers coming through the airport in December.* Like 94 percent of all adult travelers, O’Hare travelers rely on electronic devices to keep themselves busy as they make their trek home for the holidays.** Dead device? No problem. Tablet that won’t play that favorite holiday movie for the billionth time? Don’t sweat it.

Geek Squad Agents will come to the rescue from 8 a.m.

By Best Buy Company News Featured

28 Nov: Media Statement: BestBuy.com

A concentrated spike in mobile traffic triggered issues that led us to shut down BestBuy.com in order to take proactive measures to restore full performance. Our consumers can return to BestBuy.com in the next several hours to take advantage of today’s door busters.

By Best Buy Company News Featured

20 Nov: Best Buy Announces Fiscal Third Quarter Results

Non-GAAP diluted EPS from continuing operations of $0.32

GAAP diluted EPS from continuing operations of $0.30

$65 million in additional annualized Renew Blue cost reductions, bringing the cumulative total to $965 million

MINNEAPOLIS, November 20, 2014 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter (“Q3 FY15”) ended November 1, 2014, as compared to the 13-week third quarter (“Q3 FY14”) ended November 2, 2013.

Revenue	Q3 FY15	Q3 FY14
Revenue ($ in millions)	$9,380	$9,327
Comparable sales % change^1,2	2.2%	0.3%
Domestic Segment:
Comparable sales % change	3.2%	1.8%
Comparable online sales % change	21.6%	15.1%
International Segment:
Comparable sales % change	(3.0%)	(6.4%)

Operating Income	Q3 FY15	Q3 FY14
GAAP operating income as a % of revenue	2.0%	1.0%
Non-GAAP operating income as a % of revenue³	2.2%	1.4%

Diluted EPS	Q3 FY15	Q3 FY14
GAAP diluted EPS from continuing operations	$0.30	$0.12
Impact of non-restructuring asset impairments	$0.01	$0.02
Impact of restructuring charges	$0.02	$0.06
Impact of gain on sale of investments	($0.01)	($0.01)
Benefit of income tax impact of Best Buy Europe sale	$0.00	($0.01)
Non-GAAP diluted EPS from continuing operations³	$0.32	$0.18

Hubert Joly, Best Buy president and CEO, commented, “In the third quarter, our teams delivered positive comparable sales, improved profitability and continued progress in our Renew Blue transformation.

By Best Buy Company News Featured

10 Nov: Learning New Family Tech with Geek Squad at Engadget Expand

A piano made out of bananas. A Play-Doh Tetris game. A whisk and pie-tin drum set.

Visitors to the Engadget Expand event in New York City over the weekend got a chance to experience unique technology for the family at an exhibit staffed by local Geek Squad Agents and Best Buy Blue Shirts.

Geek Squad was there to show visitors some cool – and fun – things that can be done with technology, and show off Geek Squad Academy, which seeks to inspire young people through technology.

By Best Buy Company News Featured

05 Nov: New Fitness Devices Arrive: Which One for Me?

In a world full of breaking news around activity trackers and fitness devices, you’re probably wondering which one will get you moving, staying active and sleeping better?

Just today, Jawbone introduced two new activity trackers into their family, the Jawbone UP3 and UP MOVE. And last week, Fitbit announced three new products: Fitbit Charge, (available now in Black at Best Buy stores and at BestBuy.com) Charge HR and Surge. These devices help users have a better understanding of their activities and improve their daily activity habits.

By Best Buy Company News Featured

30 Oct: See How ‘Connected Home’ Products Alleviate Everyday Frustrations

Although the “Connected Home” space can be a little intimidating for those of us who aren’t self-proclaimed tech gurus, these products are designed to simplify your everyday life.

Keeping that in mind, Best Buy has started rolling out Connected Home sections to more than 400 stores across the country so that customers are able to see some of this exciting new technology in action. All of the stores will be completed in time for holiday shopping.

But before you head to your local store to play with the hands-on demos, here’s a heads up on a few of the high-tech products and associated features that can make your life easier and provide peace of mind:

Home Automation:

Honeywell Lyric smart thermostat – This thermostat is equipped with geofencing technology where your thermostat will turn off when you leave your home and turn back on once you’re within a five mile radius
Nest smart thermostat – This thermostat learns your habits and patterns to accommodate your lifestyle while also saving energy and money in the process.

By Best Buy Company News Featured

22 May: Best Buy Reports First Quarter Results

Non-GAAP diluted EPS from continuing operations of $0.33

GAAP diluted EPS from continuing operations of $1.31

$95 million in additional annualized Renew Blue cost reductions

MINNEAPOLIS, May 22, 2014 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week first quarter (“Q1 FY15”) ended May 3, 2014 as compared to the 13-week first quarter (“Q1 FY14”) ended May 4, 2013.

Revenue	Q1 FY15	Q1 FY14
Revenue ($ in millions)	$9,035	$9,347
Comparable sales % change¹	(1.9%)	(1.4%)
Domestic Segment:
Comparable sales % change	(1.3%)	(1.2%)
Comparable online sales % change	29.2%	16.3%
International Segment:
Comparable sales % change	(5.8%)	(2.8%)

Operating Income	Q1 FY15	Q1 FY14
GAAPoperating income as a % of revenue	2.2%	1.8%
Non-GAAPoperating income as a % of revenue²	2.3%	2.0%

Diluted EPS	Q1 FY15	Q1 FY14
GAAP diluted EPS from continuing operations	$1.31	$0.29
Impact of non-restructuring asset impairments	0.02	0.02
Impact of restructuring charges	0.01	0.01
Benefit of income tax effect of Europe legal entity reorganization	(1.01)	0.00
Non-GAAP diluted EPS from continuing operations²	$0.33	$0.32

Hubert Joly, Best Buy president and CEO, commented, “This quarter reflects continued progress in our Renew Blue transformation.

By Best Buy Company News Featured

16 Dec: James “biggcountry2” Bloomfield Wins Best Buy’s Ultimate Gamers Showdown

After a grueling head-to-head competition that was battled out on the largest high-definition video screen in the world, James “biggcountry2” Bloomfield is Best Buy’s Ultimate Gamers Showdown champion. Bloomfield won 24 – 21 over Ryan “Dougthepirate” Danczak in the final round of the Ultimate Gamers Showdown at AT&T Stadium in Arlington, Texas.

“There were tough competitors all around,” James Bloomfield said. “It was an amazing experience to be able to play on this big screen.”

The Ultimate Gamers Showdown is an exclusive national gaming tournament developed by Best Buy to give gaming and sports fans around the nation an opportunity to try the next generation gaming systems, in addition to having gamers put their Madden NFL 25® skills to the test.

By Best Buy Company News Featured

25 Nov: Best Buy Supporting St. Jude Children’s Research Hospital® at All U.S. Stores

St. Jude

“We at Best Buy are honored to support the lifesaving work done at St. Jude every day by joining the St. Jude Thanks and Giving campaign this year,” said Sharon McCollam, chief administrative and chief financial officer at Best Buy. “We are thankful for the ability to give customers shopping in our more than 1,400 stores the opportunity to donate to an organization with the mission of finding cures for childhood cancer and other deadly diseases and most importantly, saving children’s lives.”

By Best Buy Company News Featured Sustainability Uncategorized

23 Oct: Best Buy Gets Top Recycling Honors

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Best Buy received the first-ever eCycling Leadership Award from the Consumer Electronics Association. Best Buy was the only retailer and only one of four companies to receive the award, which recognizes consumer electronics companies that are recycling above and beyond any level mandated by government.

Best Buy has the most comprehensive appliance and electronics recycling programs in the U.S. We recycle 409 pounds of electronics each minute our stores are open and customers can recycle their electronics and appliances for free at any Best Buy location nationwide – no matter how old it is or where it was purchased.

By Best Buy Company News Featured Sustainability

01 Oct: Best Buy Offers 10 Tips to Reduce Energy Consumption

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How much energy do you consume? October is Energy Awareness Month and Best Buy is here to help you reduce your personal energy consumption and save money:

Know Your Energy Consumption. Awareness is the key and the U.S. EPA Home Energy Yardstick is a great way to find out where your home’s energy use is compared to similar homes and climates.

Find New Ways to Save Energy. The average home’s annual energy bill is $2,200 and energy-efficient products can save you money.

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