best buy

23 Aug: Best Buy Reports Better-than-Expected Second Quarter Results

Domestic Segment Comparable Sales Increased 0.8%

GAAP Diluted EPS Increased 22% to $0.56

Non-GAAP Diluted EPS Increased 16% to $0.57

MINNEAPOLIS, August 23, 2016 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter ended July 30, 2016 (“Q2 FY17”), as compared to the second quarter ended August 1, 2015 (“Q2 FY16”). The company reported GAAP diluted earnings per share from continuing operations of $0.56, an increase of 22% from $0.46 in Q2 FY16. Non-GAAP diluted earnings per share from continuing operations were $0.57, an increase of 16% from $0.49 in Q2 FY16.

By Best Buy Company News PR News Alerts

22 Aug: Best Buy’s Tech Home: Where Smart Things Live

It’s time you went on a smart home tour. Let Best Buy be your guide.

It’s our 50^th anniversary, and we’re rolling out the welcome mat to Tech Home at Minnesota’s Mall of America to help celebrate Best Buy’s role of bringing the latest technology to you.

Tech Home is a hands-on display of all things smart home, seamlessly connecting devices and appliances in a kitchen, living room, bedroom, office space and entryway. It includes top options for Wi-Fi, security, comfort and organization — including gadgets from Samsung Smart Things, NETGEAR, Canon, Philips Hue, Qualcomm Technologies and more.

By John Vomhof Jr. Company News

22 Aug: Best Buy at 50: A Q&A with Founder Dick Schulze and CEO Hubert Joly

Technology has changed a lot over the past half century, and so has Best Buy.

Fifty years ago today, Dick Schulze opened a small store called Sound of Music in St. Paul, Minnesota, that sold stereos, speakers, vinyl records and other products related to music. Little did he know that it would become Best Buy, a nearly $40 billion company that now sells everything from TVs and laptops to drones and virtual-reality headsets.

As we celebrate Best Buy’s 50^th anniversary, we sat down with founder and Chairman Emeritus Dick Schulze and current Chairman and CEO Hubert Joly to talk about how we got to where we are today and get a glimpse into where we’re going next.

By John Vomhof Jr. Company News

22 Aug: 5 Things You Never Knew About Best Buy — Or Did You?

Today is a big day at Best Buy. It’s our 50^th birthday, our golden anniversary, the big five-oh.

As we prepared for this milestone, we spent a lot of time in the company archives to learn about our journey from one tiny store in St. Paul, Minnesota, to a multinational retailer with 1,600 stores throughout North America, 125,000 employees and nearly $40 billion in annual revenue.

Here are five facts you might not know about the company’s first five decades.

By Natalie Albers Company News

22 Aug: It’s Our 50th, and in Minnesota, ‘Best Buy Day’

Minnesota Gov. Mark Dayton has designated today, Aug. 22, 2016, as “Best Buy Company Recognition Day” in honor of our 50^th anniversary and contributions to the state.

Best Buy was founded as Sound of Music in the capital city of St. Paul in 1966, and has expanded to become the No. 1 retailer of technology products, services and solutions. In five decades of existence, we have employed more than 1 million people and given more than $50 million to Minnesota nonprofit organizations.

By Best Buy Community Relations Company News

19 Aug: Can You Build a Laptop? These Geek Squad Academy Kids Can

Curiosity, 90 minutes and a little help from adults were all it took for 300 students to build their own laptops during a Geek Squad Academy camp in Minneapolis this week.

The “Junior Agents” put together the Kano computer kits on Wednesday and programmed them on Thursday.

“This is the best thing I’ve ever seen in my life — a little keyboard that I get to keep,” said an 11-year-old named Devin. The laptops can do just about anything — from surfing the internet to playing games to word processing.

By Best Buy Company News

17 Aug: Laptop 101: Find the Computer That’s Right for You

A laptop is a critical tool for crushing it in school, but choosing the right one can be a challenge.

Let us help you. (After all, we are the nation’s No. 1 destination for laptops.)

We turned to expert Blue Shirt Steve Doiron, who works at our Best Buy store in Tempe, Arizona, just a mile from one of America’s largest universities. Here’s his advice for finding a laptop that will help you ace those classes (and provide some fun when you’re procrastinating).

By Suzanne Hilker Sustainability

16 Aug: Meet the Next Generation of Sustainability Innovators

With a footprint of 1,400 stores, energy use is an important topic for Best Buy. This summer, we brought in a fresh perspective to help take our carbon reduction to the next level.

Meet Nitin Raviprasad, a graduate student in Engineering Management from Duke University and Best Buy’s first Environmental Defense Fund Climate Corps Fellow. Each year, Climate Corps matches more than 120 graduate students with organizations across the country working on energy efficiency projects.

Q: What motivated you to apply for Climate Corps?

By Best Buy Company News

15 Aug: Von Miller Completes Rookie Geek Squad Training at Denver Best Buy Store

Customers at a Best Buy store near Denver got quite a surprise Sunday afternoon when Super Bowl MVP Von Miller showed up in a Geek Squad Agent uniform, ready to work.

Instead of his usual Denver blue and orange, he wore the Geek Squad black and white, complete with badge displayed on his left hip. He tweeted he was on the clock at the store in Lone Tree, Colorado, and more than 100 fans showed up to see him in action.

By Best Buy Company News

11 Aug: How to Create Your Own Outdoor Movie Theater

Bask in the nostalgia of a drive-in movie without leaving your house by creating your own outdoor theater.

We talked to experts from Magnolia at Best Buy — Antony Varghese, from Store 187 in San Francisco, and David Quisenberry, from Store 180 in Frisco, Texas — on what you need and how to set it up to have the best experience.

Where do we begin?

The first thing you’re going to need is a projector. “Laser projectors that sit right next to the screen can be really expensive, but they are very good for lowlight situations.

By Best Buy Company News

04 Aug: You’re Ready for College — Is Your Technology?

Everyone knows time moves fastest when you don’t want it to. That ice cream cone you planned to savor is gone in a flash, and the vacation you couldn’t wait for flies by before you know it.

Summer always goes too fast, too, especially when you’re a student. All of a sudden it’s time to get ready to head back to school, and you’re left holding the (beach) bag.

There’s so much to do to prepare for a new school year that it’s easy to neglect the crucial task of making sure technology is working properly and ready to go.

By Best Buy Company News

01 Aug: Explore the Great Outdoors with Your Smartphone

Many of us like to hit the great outdoors to take a break from our jobs, the hustle and bustle of city life, and the tether of technology.

But getting away from it all doesn’t mean you have to trade in your smartphone for a walking stick. There are plenty of ways to integrate technology to enhance your nature time while remaining (mostly) unplugged.

Your smartphone can be a handy outdoors helper. No doubt you have a preferred weather app (use it!)

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