Analyst Report: Best Buy Co. Inc.

Summary

Best Buy Co. is a leading retailer of consumer electronics, with FY24 sales of $41.5 billion. Approximately 8% of revenue is from international operations. The Minneapolis-based company ended FY25 with 957 stores in the U.S., which average just under 40,000 square feet. The International segment ended FY25 with 160 stores in Canada. Total square footage is about 40.1 million, down from 50 million in FY11. In the Domestic segment, Consumer Electronics generated about 29% of FY24 revenue; Computing and Mobile, 45%;