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Best Buy Co (BSP:BBYY34) Sales per Sqft : 0.00 (As of . 20)


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What is Best Buy Co Sales per Sqft?

Sales per Sqft is a retail store’s average revenue for every foot of sales space. A higher sales per square foot indicates more efficient operations and thus high profitability.

The historical rank and industry rank for Best Buy Co's Sales per Sqft or its related term are showing as below:

BSP:BBYY34's Sales per Sqft is not ranked *
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Sales per Sqft only.

Best Buy Co Sales per Sqft Historical Data

The historical data trend for Best Buy Co's Sales per Sqft 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.

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Best Buy Co Sales per Sqft Chart



Best Buy Co  (BSP:BBYY34) Sales per Sqft Explanation

Sales per Sqft is a retail store’s average revenue for every foot of sales space. It measures the retailer’s efficiency of the use of sales space, helping the retailer make smarter merchandising, inventory and sales decisions. A higher sales per square foot indicates more efficient operations and thus, high profitability.

Another similar measurement is Average Sales per Sqft. The difference between them is whether the non-selling areas of the store, such as stock rooms or receiving areas, are included.


Best Buy Co Sales per Sqft Related Terms

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Best Buy Co (BSP:BBYY34) 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.

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