{ "schemaVersion": 1, "organisationId": "O-b6c75bfae6c441f3811a235f785137d2", "slug": "best-buy-co-inc", "name": "BEST BUY CO INC", "updatedAt": "2026-10-04T09:35:57.924992Z", "sections": [ { "type": "OVERVIEW", "text": "Best Buy Co., Inc. is a technology retailer and services provider whose stated purpose is to enrich lives through technology. It sells computing and mobile devices, consumer electronics, appliances, entertainment products and other goods, and provides services such as technical support, repair, installation and delivery. [P2256027][P61932762][P26191824][P81471233][P28039044][P104826913][P102138092]\n\nThe company operates through Domestic and International segments, with the Domestic segment covering the United States and the International segment covering Canada; its business combines online, store and in-home customer service. [P47940552] In fiscal 2026, which ended January 31, 2026, Best Buy reported $41.7 billion in revenue, approximately 82,000 employees in the United States and Canada, and 1,068 stores at year-end. [T10975223][P15784308][P90293217]\n[P2256027][P61932762][P26191824][P81471233][P28039044][P104826913][P102138092][P47940552][T10975223][P15784308][P90293217]", "updatedAt": "2026-10-04T09:35:57.924992Z" }, { "type": "PRODUCTS", "text": "Best Buy’s product categories include computing and mobile products—desktops, notebooks, peripherals, phones, networking equipment, tablets, e-readers and wearables; consumer electronics such as digital-imaging and fitness products, televisions, soundbars, headphones, speakers and smart-home products; and large and small appliances, including refrigerators, dishwashers, laundry appliances, ovens, blenders, coffee makers and vacuums. [P61932762][P26191824][P81471233] Entertainment products include drones, gaming hardware, peripherals and software, toys and virtual-reality products; other merchandise includes baby, food and beverage, and outdoor-living products. [P28039044][P102138092] The company also sells services including delivery, installation, set-up, troubleshooting, repair, data services, technical support, memberships, advertising and marketplace services. [P104826913][P106531223][P83558538] Company brands include Geek Squad, Insignia, Lively, Jitterbug, Yardbird and Best Buy Health. [P47940552] One named product example, Lively Mobile2, is an all-in-one medical-alert device featuring fall detection, GPS, an urgent-response button and water resistance; use of its response service requires an activated plan. [https://www.bestbuy.com/product/lively-lively-mobile2-all-in-one-medical-alert-black/J3R8TF8K3K][https://www.bestbuy.com/site/lively/lively-health-safety-services/pcmcat1598968646892.c?id=pcmcat1598968646892]\n\nIn FY2026, the six categories represented the following shares of Best Buy’s Domestic segment revenue: computing and mobile 47%, consumer electronics 28%, appliances 11%, entertainment 7%, services 6%, and other 1%. [T11113672] These percentages describe Domestic segment mix, not consolidated company revenue. [T11113672]\n[P61932762][P26191824][P81471233][P28039044][P102138092][P104826913][P106531223][P83558538][P47940552][T11113672][T11113672][T11113672][T11113672][T11113672][T11113672][https://www.bestbuy.com/product/lively-lively-mobile2-all-in-one-medical-alert-black/J3R8TF8K3K][https://www.bestbuy.com/site/lively/lively-health-safety-services/pcmcat1598968646892.c?id=pcmcat1598968646892]", "updatedAt": "2026-10-04T09:35:57.924992Z" }, { "type": "GEOGRAPHY", "text": "Best Buy’s operations are concentrated in the United States and Canada. Its Domestic segment covers the United States, including states, districts and territories, while its International segment covers Canada; the company completed its exit from Mexico in FY2024. [P42559697][P93173093][P25406512]\n\nIn FY2026, revenue by customer location was $38.278 billion in the United States (about 91.8%) and $3.413 billion in Canada (about 8.2%), out of $41.691 billion total. [T4028513] At year-end, Best Buy operated 1,068 stores: 926 in the United States and 142 in Canada. The Canadian locations comprised 130 Best Buy stores and 12 stand-alone Best Buy Mobile stores. [T6671997]\n\nThe company’s principal executive offices are in Richfield, Minnesota, where it owns its headquarters and leases additional office space. [P14678661][P104971540] Best Buy reported approximately 82,000 employees in FY2026; the cited sources do not provide a geographic breakdown of employees. [https://www.investors.bestbuy.com/]\n[P42559697][P93173093][P25406512][T4028513][T4028513][T4028513][T6671997][T6671997][T6671997][T6671997][T6671997][T6671997][T6671997][T6671997][T6671997][P14678661][P104971540][https://www.investors.bestbuy.com/]", "updatedAt": "2026-10-04T09:35:57.924992Z" }, { "type": "SEGMENTS", "text": "Best Buy reports two geographic business segments. **Domestic** comprises operations in U.S. states, districts and territories, including Best Buy Health; FY2026 revenue was $38.278 billion, approximately 92% of consolidated revenue. **International** comprises operations in Canada; FY2026 revenue was $3.413 billion, approximately 8% of consolidated revenue. Both segments serve customers through online, stores and in-home service channels. [P47940552][T8001206][T6731078][T10975223][P43177614]\n\nThese are the company’s reportable segments; its separately disclosed merchandise and service revenue categories are not additional reportable segments. Segment teams oversee their businesses, while certain functions—including merchandise and service development, pricing, supply chain, digital operations and marketing—are centrally managed. [P2498665][P80559180][P61932762][P26191824][P81471233][P28039044][P104826913][P102138092]\n[P47940552][T8001206][T6731078][T10975223][P43177614][P2498665][P80559180][P61932762][P26191824][P81471233][P28039044][P104826913][P102138092]", "updatedAt": "2026-10-04T09:35:57.924992Z" }, { "type": "HISTORY", "text": "Best Buy began in 1966 as Sound of Music, a stereo store opened in St. Paul, Minnesota, by Richard M. “Dick” Schulze and a business partner. After a tornado damaged one of its stores in 1981, the company held a successful “Tornado Sale” and expanded into larger-format retail; in 1983 it adopted the Best Buy name and opened its first superstore. It went public in 1985 and introduced a warehouse-style, non-commissioned retail format in 1989. [https://corporate.bestbuy.com/wp-content/uploads/downloads/BBY_TimeLine.pdf]\n\nThe company expanded its services and sales channels in the 1990s and early 2000s: it launched BestBuy.com in 2000 and acquired Geek Squad in 2002, building out its technology-support business. Acquisitions including Magnolia Hi-Fi (2000), Future Shop in Canada (2001), Pacific Sales (2005), and a majority interest in China’s Jiangsu Five Star (2006) broadened its retail footprint and specialty offerings. [https://corporate.bestbuy.com/wp-content/uploads/downloads/BBY_TimeLine.pdf] [https://corporate.bestbuy.com/2024/geek-squad-celebrates-30-years-of-incredible-tech-service/]\n\nLeadership passed from Schulze to Brad Anderson in 2002; Hubert Joly became CEO in 2012 and led the “Renew Blue” turnaround, and Corie Barry succeeded him in 2019. During this period, Best Buy developed its omnichannel model, including chain-wide ship-from-store in 2014, and consolidated Future Shop’s Canadian operations under the Best Buy brand in 2015. [https://www.sec.gov/Archives/edgar/data/764478/000110465902000600/j2933_ex99d1.htm] [https://corporate.bestbuy.com/2012/best-buy-confirms-significant-decline-in-fiscal-third-quarter-2013-earnings/] [https://corporate.bestbuy.com/2019/best-buy-evolves-leadership-roles-as-part-of-succession-planning-process/] [https://corporate.bestbuy.com/2014/f15q3/] [https://corporate.bestbuy.com/2015/future-shop-consolidating-under-best-buy-brand/]\n\nBest Buy later extended into health technology, acquiring connected-health company GreatCall in 2018 and announcing its agreement to acquire remote-care company Current Health in 2021. In April 2026, it announced that Jason Bonfig would succeed Barry as CEO effective November 1, 2026. [https://corporate.bestbuy.com/2018/best-buy-acquires-greatcall-expanding-reach-in-health-space/] [https://currenthealth.com/insights/news/best-buy-to-acquire-current-health-to-help-make-home-the-center-of-health/] [https://corporate.bestbuy.com/2026/ceo-succession-plans/]\n[https://corporate.bestbuy.com/wp-content/uploads/downloads/BBY_TimeLine.pdf][https://corporate.bestbuy.com/2024/geek-squad-celebrates-30-years-of-incredible-tech-service/][https://www.sec.gov/Archives/edgar/data/764478/000110465902000600/j2933_ex99d1.htm][https://corporate.bestbuy.com/2012/best-buy-confirms-significant-decline-in-fiscal-third-quarter-2013-earnings/][https://corporate.bestbuy.com/2019/best-buy-evolves-leadership-roles-as-part-of-succession-planning-process/][https://corporate.bestbuy.com/2014/f15q3/][https://corporate.bestbuy.com/2015/future-shop-consolidating-under-best-buy-brand/][https://corporate.bestbuy.com/2018/best-buy-acquires-greatcall-expanding-reach-in-health-space/][https://currenthealth.com/insights/news/best-buy-to-acquire-current-health-to-help-make-home-the-center-of-health/][https://corporate.bestbuy.com/2026/ceo-succession-plans/]", "updatedAt": "2026-10-04T09:35:57.924992Z" } ], "sources": [ 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