Still scrambling to finish your holiday shopping? You’re not alone.
The National Retail Federation reported late last week that nine out of 10 Americans still had gifts to buy. In fact, the average person was only about half done with their shopping.
Tech is at the top of many holiday wish lists again this year, and Best Buy has a great selection of last-minute gift options from which to choose. Here’s everything you need to know about shopping at Best Buy this week.
Happy 10th 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.
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.
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.
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 % change1,2 | 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.
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.
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.
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:
While deployed on the seas of the Middle East aboard the USS Harry S. Truman aircraft carrier, Kody Oldham and his wife, Kyla, had been diligently saving so the young couple could splurge on a home entertainment system when Kody returned home to Chesapeake, Va.
But Operation Gratitude and the Best Buy Military Employee Business Network took care of that for them last week, coincidentally just days before Memorial Day.
The Navy Operations Specialist was the 1,000,001st recipient of an Operation Gratitude care package.
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.
The Microsoft Surface Pro 3 – the most powerful, thinnest and lightest Surface Pro yet – not only debuted Tuesday, but it’s ready for pre-order now on BestBuy.com.
Also available for pre-order soon: the Blue Type Cover, which is available only at Best Buy and BestBuy.com.
Now, here’s what you need to know about the Surface Pro 3:
1. It’s the best of a laptop, and the best of a tablet. It boasts both the power and performance of a laptop, with the portability and convenience of a tablet.
Geek Squad Autotechs help millions – yes, millions – of customers each year out of nearly every Best Buy store nationwide by installing mobile electronics to connect their favorite four wheels to the latest after-market tech.
But this past week in San Francisco, four Geek Squad standouts went above-and-beyond the call of duty, installing Apple CarPlay®-enabled Pioneer receivers into three demo vehicles for an industry media event.
Not only is it trendy, it’s trending.
Justin Ferroni, Brij Madaan and Todd Myers were among the chosen Geek Squad captains for the event, joined by Geek Squad Services Manager Chris Blanchette.