Holiday Revenue Results

16 Jan: Best Buy Announces Holiday Revenue Results

Domestic Market Share Gain in a Market that Declined Low-Single Digits

Domestic Comparable Store Sales Decline 0.9%

Strategic Investment in Price Competitiveness in a Highly Promotional Environment

Operating Income Rate to Reflect this Investment; Expected to Decline 175 to 185 Basis Points YOY in Q4

 

MINNEAPOLIS, Jan. 16, 2014 — Best Buy Co., Inc. (NYSE: BBY) today announced revenue results for the nine weeks ended January 4, 2014, as compared to the nine weeks ended January 5, 2013. The company will host a conference call to further discuss these results at 8:00 a.m.