Best Buy technology Archives - Best Buy Corporate News and Information

By Best Buy Company News

07 Jan: New Year’s Resolutions Made Easy with Wearable Tech

Have you made your New Year’s resolution yet? There’s a good chance it includes exercise. According to a University of Scranton study, getting fit is consistently one of the top five most common resolutions but only eight percent of us are successful in keeping them. Since resolutions are hard to stick to, Best Buy has a ton of wearable tech options that will keep you on track into the rest of 2015.

By now, you’ve probably seen or heard about a number of new wearable devices, including activity trackers.

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 Sustainability

28 Oct: A Few Tips for the House, On the House

Last year, Best Buy’s U.S. customers purchased more than 20 million ENERGY STAR® certified products, saving them upwards of $76 million in energy costs. That’s the carbon emission equivalent of taking 98,000 cars off the road. Seeing as October is Energy Awareness Month and chillier days aren’t far behind, here are a few tips for saving both energy and money.

Install a programmable thermostat in your house, which allows you to adjust the temperature when you’re not home
When shopping for a new TV or appliance, look for the ENERGY STAR mark to find the most energy-efficient products
Wash your laundry with cold water – your clothes will be just as clean
Replace old light bulbs with new energy-saving LEDs, which save up to $100 over the lifetime of the bulb
Use a “smart” power strip to avoid standby power – the energy used by some products when they are turned off but still plugged into a power/wall outlet
Disable “instant on” and “standby” modes when you are not using your gaming console

Products for your home that enable you to help manage your energy consumption, secure your home and do it all at the push of a button are available online at Connected Home on BestBuy.com,

By Best Buy Company News

15 Oct: ‘Intel Technology Experience’ Zones to Bring Access to Inspiration at Best Buy

While most (79%) of Americans are excited about the chance to learn and try out new technologies, half are frustrated by the lack of access to them beyond what they read or see in the media, according to a new study by Intel and Toluna.

That’s the reason why Intel and Best Buy are now teaming up to bring new Intel Technology Experience zones to 50 Best Buy stores in major markets across the U.S. The Intel Technology Experience lets customers – from tech enthusiasts to technophobes – play, explore, and be inspired by the power of technology with hands-on activities like 3D printing and virtual reality games.