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Best Buy Co (FRA:BUY) Dividend-Payout-to-FFO


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What is Best Buy Co Dividend-Payout-to-FFO?

Dividend-Payout-to-FFO only applies to REITs.


Best Buy Co Business Description

Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $41.5 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, 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 US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.