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Best Buy Co (Best Buy Co) Revenue

: $43,452 Mil (TTM As of Jan. 2024)
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Best Buy Co's revenue for the three months ended in Jan. 2024 was $14,646 Mil. Its revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $43,452 Mil. Best Buy Co's Revenue per Share for the three months ended in Jan. 2024 was $67.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $199.09.

Warning Sign:

Best Buy Co Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Best Buy Co was -3.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 3.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Best Buy Co's highest 3-Year average Revenue per Share Growth Rate was 63.60% per year. The lowest was -2.00% per year. And the median was 13.90% per year.


Best Buy Co Revenue Historical Data

The historical data trend for Best Buy Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Best Buy Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43,638.00 47,262.00 51,761.00 46,298.00 43,452.00

Best Buy Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,735.00 9,467.00 9,583.00 9,756.00 14,646.00

Competitive Comparison

For the Specialty Retail subindustry, Best Buy Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Best Buy Co Revenue Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Revenue distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Revenue falls into.



Best Buy Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $43,452 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Best Buy Co  (NYSE:BBY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Best Buy Co Revenue Related Terms

Thank you for viewing the detailed overview of Best Buy Co's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Best Buy Co (Best Buy Co) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Executives
Richard M Schulze 10 percent owner BEST BUY CO INC, 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Todd G. Hartman officer: GC, Chief Risk/Comp Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
David C Kimbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Kathleen Scarlett officer: Chief Human Resources Officer 7601 PENN AVE S, RICHFIELD MN 55423
Jason J Bonfig officer: Chief Merchandising Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Matthew M Bilunas officer: Chief Financial Officer C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Barry Corie S officer: CFO 7601 PENN AVE S., RICHFIELD MN 55423
Mathew Watson officer: VP, Finance - Contr. & CAO 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Damien Harmon officer: Pres., Omnichannel Ops & Serv 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Sima Sistani director 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Melinda D Whittington director THREE LAKES DRIVE, NORTHFIELD IL 60093
Deborah Disanzo officer: President, Best Buy Health 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Allison Peterson officer: Chief Customer Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Brian A Tilzer officer: Chief Digital & Tech Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mark A Irvin officer: Chief Supply Chain Officer 7601 PENN AVENUE, RICHFIELD MN 55423

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