Best Buy

26 Aug: Christian Siriano Unveils Exclusive Collection of Tech Accessories at Best Buy

When you think about Christian Siriano, you probably think of your favorite celebrities wearing his gorgeous gowns on the red carpet. Soon, you can see his designs dress up your favorite tech devices – thanks to the new Christian Siriano for Best Buy collection.

The world-renowned designer and electronics retailer have partnered to bring shoppers a collection of cases for smartphones, tablets and laptops. All cost less than $60 and are available only at Best Buy.

“Customers want cases that show off their personal style,” said Patrick McGinnis, Vice President of Accessories at Best Buy.

By Best Buy Company News PR News Alerts

25 Aug: Best Buy Reports Fiscal Second Quarter Results

Domestic Segment Revenue Increased 3.9%

Non-GAAP Diluted EPS from Continuing Operations Increased 17% to $0.49

GAAP Diluted EPS from Continuing Operations Increased 18% to $0.46

MINNEAPOLIS, August 25, 2015 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter (“Q2 FY16”) ended August 1, 2015 as compared to the second quarter (“Q2 FY15”) ended August 2, 2014.

Printable PDF version: Click here

	Q2 FY16	Q2 FY15
Enterprise Revenue ($ in millions)¹	$8,528	$8,459
Domestic segment	$7,878	$7,585
International segment¹	$650	$874
Enterprise Comparable Sales % Change:
Excluding the estimated benefit of installment billing^2,3	2.7%	(2.2%)⁴
Estimated benefit of installment billing³	1.1%	—
Comparable sales % change²	3.8%	(2.2%)⁴
Domestic Comparable Sales % Change:
Excluding the estimated benefit of installment billing^2,3	2.7%	(2.0%)
Estimated benefit of installment billing³	1.1%	—
Comparable sales % change²	3.8%	(2.0%)
Comparable online sales % change²	17.0%	22.0%

	Q2 FY16	Q2 FY15
Operating Income:
GAAP operating income as a % of revenue	3.4%	2.7%
Non-GAAP operating income as a % of revenue⁵	3.4%	2.9%
Diluted Earnings per Share (EPS):
GAAP diluted EPS from continuing operations	$0.46	$0.39
Impact of cathode ray tube (CRT) settlements⁶	($0.03)	$0.00
Impact of non-restructuring SG&A charges⁷	$0.03	$0.02
Impact of restructuring charges⁷	$0.03	$0.01
Non-GAAP diluted EPS from continuing operations⁵	$0.49	$0.42

Hubert Joly, Best Buy chairman and CEO, commented, “We believe these better-than-expected second quarter results are affirmation that our strategy of offering advice, service and convenience at competitive prices is paying off.

By Best Buy Company News PR News Alerts

19 Aug: Attending a Wedding? Don’t be ‘That Guest’!

Being a good guest has its own etiquette to follow, especially when it comes to buying a gift.

Millions of Americans will be heading off to weddings this summer and fall, and a significant part of pre-wedding prep is buying a gift. It’s never easy: What’s the right gift? How much should you spend? Is a card good enough?

With so many gift-giving events in our lives throughout a year, here are some sure-fire tips for buying wedding presents that will ensure you’re not “That Guest.”

By Suzanne Hilker Sustainability

14 Aug: Geeking Out at School

There was chanting, there was laughing and there was a lot of geeking out over technology.

I spent the last two days with more than 100 very enthusiastic Twin Cities-area students at Geek Squad Academy in St. Paul. Best Buy puts on these camps across the country to give underserved kids hands-on experience with technology to help develop skills and inspire future careers. The curriculum invites them to become “Junior Agents” through exploring digital citizenship, film production, computer programming and robotics, as well as 3D printing and circuitry.

By Best Buy Company News PR News Alerts

13 Aug: Pre-Order the New Samsung Galaxy S6 edge plus or Galaxy Note5 Now at Best Buy

It’s a great day to be an Android user; today, Samsung announced the addition of two new smartphones: the Galaxy S6 edge+ and the Galaxy Note5.

The phones aren’t on sale officially until Friday, Aug. 21 but that doesn’t mean you can’t reserve one early.

Now, Best Buy customers who pre-order, purchase or lease and activate one of the new Samsung phones in stores or on BestBuy.com will get a free wireless charging pad (while supplies last).

On the fence about upgrading?

By Best Buy Company News PR News Alerts

11 Aug: Laptop or Tablet: How to Pick the Right Device

As summer comes to an end, many of us are thinking about what our families will need for back to school – especially if we’re planning to invest in a new computer. With all of the tablets, laptops and 2-in-1 devices on the market today, it can be difficult to decide which is right for you.

Ask yourself these simple questions to figure out what device is the best fit:

How will you use your device? Determining if you’re a light, average or advanced user will help determine what device specs best fit your needs.

By Best Buy Company News PR News Alerts

06 Aug: Three Reasons Why You Need a Dash Cam

If a picture is worth a thousand words, how many is a video worth?

We’ve all seen something on the road we wish we caught on film. Whether it’s driving to or from work, running errands or going on a road trip, you never know when a dash cam might come in handy.

Dash cams are compact cameras that can be used to record 24/7 video from the view of your windshield. They’ve been used in police cars for years, and now you can use one to capture the picturesque scenery on your summer road trip and provide an “eyewitness account” in the case of an accident.

By Best Buy Company News PR News Alerts

30 Jul: See the World in a New Way When 360fly Arrives at Best Buy

360fly is a new camera that provides an innovative way to capture the world around you, and it will soon be for sale exclusively at Best Buy.

Slightly larger than a golf ball, 360fly is a single-lens camera that captures scenes in a 360-degree video format — video that’s fully interactive.

It packs high quality, 360-degree video into a lightweight, waterproof (down to 120 feet) and rugged design. With 360fly, you can capture your world, share to your favorite social media networks and immerse yourself in video that’s almost as good as being there.

By Best Buy Company News PR News Alerts

29 Jul: Get to Know Windows 10 with Help from Best Buy and Geek Squad

Windows 10 officially launches today, and millions of people will be updating their laptops and experiencing the new operating system. If you’re one of them, Best Buy and Geek Squad are here to help you understand and get excited about the newest addition to the Microsoft family.

First, here are a few things you need to know about Windows 10:

It’s free. And by that, we mean it doesn’t cost anything to upgrade.
It’s familiar. You might like to know the ever-popular (and missed) Start menu is back, along with the newer tiles.

By Best Buy Company News PR News Alerts

26 Jul: Apple Watch is Coming to Best Buy

The Apple Watch, one of the year’s most talked about and innovative products, is coming to Best Buy.

Starting Aug. 7, Best Buy will be the first national retailer, other than Apple Stores, where customers can buy the Apple Watch. It will begin to arrive in more than 100 Best Buy stores and will also be available on BestBuy.com. Another 200 of our stores will have the Apple Watch in time for holiday shopping.

“The Apple Watch is a big addition to our stores and website, and we know our customers want it,” said Jason Bonfig, senior category officer at Best Buy.

By Best Buy Community Relations Company News PR News Alerts Sustainability

15 Jul: White House Taps Best Buy to Help Bridge Digital Divide in ConnectHome Initiative

Even as the promise of the connected home becomes reality for many of us, millions of Americans still have limited access to the high-speed broadband service that opens the door to opportunity. To help bridge this digital divide, Best Buy will offer the expertise of its talented employees and community outreach programs in a new ConnectHome initiative announced today by President Obama and Housing and Urban Development (HUD) Secretary Julián Castro.

The pilot program is launching in 27 cities and one tribal nation to initially reach more than 275,000 low-income households and nearly 200,000 children with the support they need to access the Internet at home.

By Best Buy Company News PR News Alerts

13 Jul: Embrace Your Geekness With These 6 Tech Tips

Today is “Embrace Your Geekness Day,” and in celebration, the 20,000 Agents of the Geek Squad have assembled these six tips to help people everywhere get the most out of their favorite gadgets.

Outsmart your smartphone:

Mobile apps and accessories let you do more than make calls or text on your smartphone. Popular apps like Evernote help with productivity, Uber with transportation and Mint with managing your finances.
Accessories like Zepp send instant feedback for your tennis, golf and baseball performance wirelessly to your mobile device.

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