Best Buy Co., Inc. Services | Electronics Stores | USA Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company's stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.
I remember these guys partnering to sell Apple products/electronics. In light of Apple revenue declining 10% y/y, and Amazon still eating the rest of these guys' lunch, I'm thinking BBY saw a decline too. But this thing is up today.
Taking out $33! Looks good! Surprisingly... I love this store and feel terrible for looking at their electronics, but never buying anything.
I buy things there occasionally but I usually check Newegg/Amazon/etc. for better prices and make them match it. Last few times their prices have already been best or equal though.
Ah yes, they do price match if you can show them the same item on sale elsewhere, which sucks too because they are taking a huge hit on profits! But I guess its a way of getting people into the store.
Beat the top line but missed on the bottom line and guidance Best Buy shares slip 5 percent as revenue, outlook fall short Source: http://www.cnbc.com/2017/03/01/best-buy-earnings-q4-2017.html
Consumer electronics retailer Best Buy (BBY) may move to the downside after reporting better than expected fourth quarter earnings but providing disappointing guidance for the current quarter.
