Time is running out to get those tech gifts from Best Buy delivered in time for Christmas. But don't fret, there are still options for you last-minute shoppers. Stores are open until 6 p.m. on Dec. 24.
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Picking up a quality gift for your significant other, landlord and little brother is already a daunting enough task without having to sweat a tight budget. But great gifts don’t have to break the bank.
The “Pop-Up Tech Experience” will provide holiday travelers at the bustling Minneapolis-St. Paul International Airport with free Geek Squad advice, kid-friendly activities, tech demos and mobile device charging stations.
Best Buy – with some help from a national survey – has come up with lists of the top tech gifts for him, her, the kids and the whole family, to help you win the holiday and do it stress-free.
Today, on Human Rights Day, Best Buy released a new Human Rights Corporate Statement, strengthening our commitment to respect the rights of those who work for and shop at Best Buy.
Domestic Segment Revenue Increased 1.2%
Non-GAAP Diluted EPS from Continuing Operations Increased 21% to $0.41
GAAP Diluted EPS from Continuing Operations Increased 12% to $0.37
MINNEAPOLIS, Nov. 19, 2015 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the third quarter (“Q3 FY16”) ended October 31, 2015 as compared to the third quarter (“Q3 FY15”) ended November 1, 2014.
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| Q3 FY16 | Q3 FY15 | |
| Enterprise Revenue ($ in millions)1 | $8,819 | $9,032 |
| Domestic segment | $8,090 | $7,992 |
| International segment1 | $729 | $1,040 |
| Enterprise Comparable Sales % Change: | ||
| Excluding the estimated benefit of installment billing2,3 | 0.5% | 2.2%4 |
| Estimated benefit of installment billing3 | 0.3% | 0.7% |
| Comparable sales % change2 | 0.8% | 2.9%4 |
| Domestic Comparable Sales % Change: | ||
| Excluding the estimated benefit of installment billing2,3 | 0.5% | 2.4% |
| Estimated benefit of installment billing3 | 0.3% | 0.8% |
| Comparable sales % change2 | 0.8% | 3.2% |
| Comparable online sales % change2 | 18.3% | 21.6% |
| Q3 FY16 | Q3 FY15 | |
| Operating Income: | ||
| GAAP operating income as a % of revenue | 2.6% | 2.3% |
| Non-GAAP operating income as a % of revenue5 | 2.8% | 2.4% |
| Diluted Earnings per Share (EPS): | ||
| GAAP diluted EPS from continuing operations | $0.37 | $0.33 |
| Impact of non-restructuring SG&A charges6 | $0.02 | $0.02 |
| Impact of restructuring charges6 | $0.02 | $0.01 |
| Impact of gain on investments, net | $0.00 | ($0.01) |
| Income tax impact of Non-GAAP adjustments7 | $0.00 | ($0.01) |
| Non-GAAP diluted EPS from continuing operations5 | $0.41 | $0.34 |
Hubert Joly, Best Buy chairman and CEO, commented, “We have delivered another quarter of Domestic comparable sales growth and operating income expansion.
Best Buy has been awarded a prized position on the CDP Climate A List for our efforts to reduce carbon emissions in the past year.
The commendation puts Best Buy in the top 5 percent of thousands of companies that submit annual emissions data and climate management strategies to CDP (formerly Carbon Disclosure Project).
We are in good company. Other corporate “A Listers” now include sustainability powerhouses and partners such as Apple, Google, LG, Microsoft, Samsung, Sony and Sprint.
The A List designation comes shortly after Best Buy set a new goal to reduce carbon emissions by 45 percent by 2020 and signed the American Business Act Pledge on Climate Change.
State and local officials joined Best Buy in celebrating the grand opening of the company’s new technology development center in Seattle on Thursday. The office, first announced in February, is focused on mobile development, cloud engineering and the omnichannel customer experience.
Last year, Best Buy shipped more than 12 million packages to customers. That’s a lot of shipping boxes.
The cardboard we use is FSC-certified, meaning it comes from responsibly managed forests, but now we are using less of it. We recently “right-sized” our shipping boxes, which will save more than 440 tons of cardboard a year.
That means our customers are receiving packaging that is less wasteful. Our employees are experiencing a faster and easier packaging process. The company is seeing a reduction in costs associated with materials and labor.
With the St. Jude Thanks and Giving® campaign underway now at Best Buy, the company continues its partnership in helping St. Jude find cures for children fighting cancer by accepting donations at more than 1,400 Best Buy store locations and on BestBuy.com.
Learn how to pull off these high-tech tricks for a high-scare Halloween.
It’s a partnership as Midwestern in its roots as hot dish and hockey skates.
Best Buy and Caribou Coffee have partnered to bring the great taste of Caribou Coffee right into your home with an exclusive line of home brewing equipment. You can choose from a variety of brewing and drinking options that combine the Caribou coffeeshop experience with the quality of Best Buy’s Insignia brand.
The set includes an 8-cup and 6-cup pour-over coffee maker, a 2.5-cup French Press, as well as clear double-wall mugs and a stainless kettle.