Best Buy Co., Inc. (BBY:NYSE) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360? Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPI?s, and Recent Trends
Company Report I 2025-02-27 I 102 Pages I Quaintel Research
Report Summary
Best Buy Co., Inc. (BBY:NYSE) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPIs, and Recent Trends Report is a comprehensive and easily accessible overview of Best Buy Co., Inc.'s business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Best Buy Co., Inc., including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Best Buy Co., Inc.'s strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. The PESTLE analysis evaluates the external factors impacting the company's operations and market environment. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of Best Buy Co., Inc.'s overall strategic standing and supports informed decision-making and strategic planning.
The report also covers Best Buy Co., Inc.'s financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares Best Buy Co., Inc.'s financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by Best Buy Co., Inc., enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Best Buy Co., Inc. is a leading retailer of technology products, operating in the United States, Canada, and internationally. The companys stores offer a wide range of products, including computing and mobile phone items like desktops, laptops, peripherals, and tablets, as well as mobile phones with related carrier services. Best Buy also provides consumer electronics, such as digital imaging, health and fitness gadgets, portable audio devices like headphones and speakers, smart home products, and home theater systems, including soundbars and TVs. Its appliance offerings cover dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care items.
Additionally, Best Buy sells entertainment products, including drones, movies, toys, and virtual reality hardware and software. Other categories include baby products, food and beverages, luggage, outdoor living, and sporting goods. The company provides various services, including delivery, installation, memberships, repairs, technical support, health services, and warranties. Best Buy operates through various brands, such as Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Geek Squad, Magnolia, Pacific Kitchen and Home, and Yardbird, with online platforms like bestbuy.com, currenthealth.com, lively.com, and techliquidators.com. Initially founded as Sound of Music, Inc., Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Best Buy Co., Inc. in the News:-
- 22-Jan-2025 - Gear up for The Big Game with these home theater trends
- 17-Jan-2025 - Best Buy Healths 2024: more momentum toward enabling care at home
- 18-Dec-2024 - Brighten your holidays: Tech tips for a dazzling display
- 11-Dec-2024 - Best Buy helps tie a bow on last-minute holiday shopping
- 09-Dec-2024 - The Business of Music: Best Buy Teen Tech Center members create original music
Scope
Tactical Analysis:- Various strategic frameworks to gain insights into a company's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
Business Strategy:- Contributes to shaping the company's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
Financial Position:- Provide valuable information on the financial performance and investor sentiment surrounding the company. Indicating the level of confidence and expectations in the company's future prospects. These components collectively contribute to understanding the financial health and market perception of the company.
Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
Competitive Landscape:- An identification of the company's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
Comprehensive Understanding of the Best Buy Co., Inc.'s internal and external factors through SWOT analysis, PESTLE analysis, Financial Analysis, and Competitors Benchmarking.
Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
Financial Performance Evaluation provides crucial insights into key financial ratios and trends, supporting better financial decision-making and resource allocation.
Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company Best Buy Co., Inc.:
Best Buy Co., Inc. Porter's Five Forces Analysis
Best Buy Co., Inc. VRIO Analysis
Best Buy Co., Inc. BCG Analysis
Best Buy Co., Inc. Segmentation, Targeting and Positioning (STP) Analysis
Best Buy Co., Inc. Ansoff Matrix Analysis
Table of Contents
COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 5
Charts 6
Best Buy Co., Inc. - Key Company Facts 7
Best Buy Co., Inc. - Company Description 8
Best Buy Co., Inc. - Top Executives 9
Best Buy Co., Inc.- Head Office & Locations 11
Head Office - Country 11
Best Buy Co., Inc. - Products and Services 12
Products 12
Services 13
Best Buy Co., Inc. - Corporate Strategy 16
Best Buy Co., Inc. - Business Description 20
Domestic Segment 21
International Segment 22
Best Buy Co., Inc. - ESG Spotlight 24
Environment 25
Social 25
Corporate Governance 26
Best Buy Co., Inc. - SWOT Analysis 28
Overview 28
Strengths 30
Weaknesses 33
Opportunities 35
Threats 38
Best Buy Co., Inc. - PESTLE Analysis 40
Overview 40
Political Factors 42
Economic Factors 44
Social Factors 46
Technological Factors 48
Legal Factors 50
Environmental Factors 51
Best Buy Co., Inc. - Financial Deep Dive 53
Share Price Trend - Jan-2024 to Feb-2025 (Average Share Closing Price) 53
Profit and Loss Statement 55
Summary of Profit and Loss Statement 55
Balance Sheet 57
Summary of Balance Sheet 57
Cash Flow Statement 59
Summary of Cash Flow Statement 59
Key Financial Ratio Analysis 61
Best Buy Co., Inc. - Ratio Charts 62
Activity Ratio Charts 62
Growth Ratios Charts 63
Leverage Ratio Charts 64
Liquidity Ratio Charts 65
Profitability Ratio Charts 66
Competing Players 67
Snapshot of Competing Players 68
Amazon.com Inc. 68
Key Company Facts 68
Company Description 68
Costco Wholesale Corporation 69
Key Company Facts 69
Company Description 69
Target Corporation 70
Key Company Facts 70
Company Description 70
The Home Depot Inc. 71
Key Company Facts 71
Company Description 71
Walmart Inc. 72
Key Company Facts 72
Company Description 72
Best Buy Co., Inc. - In the News 73
22-Jan-2025 - Gear up for The Big Game with these home theater trends 73
17-Jan-2025 - Best Buy Health's 2024: more momentum toward enabling care at home 75
18-Dec-2024 - Brighten your holidays: Tech tips for a dazzling display 77
11-Dec-2024 - Best Buy helps tie a bow on last-minute holiday shopping 79
09-Dec-2024 - The Business of Music: Best Buy Teen Tech Center members create original music 80
05-Dec-2024 - Best Buy helps customers get their tech home for the holidays with faster shipping and new innovations 81
21-Nov-2024 - The Business of PoDCasting: Best Buy Teen Tech Center member reframes perceptions about Southeast DC 82
18-Nov-2024 - Holiday magic continues at Best Buy, Black Friday Sale begins Nov. 21 83
15-Aug-2024 - Best Buy launches to-the-minute home delivery tracking for large-product orders 85
07-Aug-2024 - Best Buy lands on 'Best Places for High School Graduates to Start a Career' list 86
25-Jul-2024 - Best Buy interns enjoy a summer of fun, learning and growth 87
23-Jul-2024 - Best Buy reimagines its role in bringing tech to life for customers 89
18-Jun-2024 - Best Buy brings Copilot+ PCs to life for customers 90
Best Buy Co., Inc. - Key Deals 91
25-Apr-2024 - Best Buy and CNET partner to enhance customer shopping journey 92
Appendix 94
Definitions 94
SWOT Analysis 94
PESTLE Analysis 94
Value Chain Analysis 94
ESG Spotlight 94
Financial Deep Dive 94
Financial Ratios - 95
Activity Ratios 95
Growth Ratios 96
Leverage Ratios 97
Liquidity Ratios 98
Market Ratios 99
Profitability Ratios 99
Research Methodology 100
Disclaimer 101
Contact Us 101
Tables
Table 1: Best Buy Co., Inc. - Company Facts
Table 2: Best Buy Co., Inc. - Digital Presence
Table 3: Best Buy Co., Inc. - Top Executives
Table 4: Best Buy Co., Inc. - Products
Table 5: Best Buy Co., Inc. - Services
Table 6: Best Buy Co., Inc. - Share Price Trend - Jan-2024 to Feb-2025
Table 7: Best Buy Co., Inc. - Ratio Analysis - 2021-2024
Table 8: Best Buy Co., Inc. - Competing Players
Table 9: Competing Players - Amazon.com Inc. - Key Company Facts
Table 10: Competing Players - Costco Wholesale Corporation - Key Company Facts
Table 11: Competing Players - Target Corporation - Key Company Facts
Table 12: Competing Players - The Home Depot Inc. - Key Company Facts
Table 13: Competing Players - Walmart Inc. - Key Company Facts
Charts
Figure 1: Best Buy Co., Inc.- SWOT Analysis 29
Figure 2: Best Buy Co., Inc. - PESTLE Analysis 41
Figure 3: Best Buy Co., Inc. - Average Share Price Trend - Jan-2024 to Feb-2025 54
Figure 4: Best Buy Co., Inc. - Profit and Loss Statement - 2021-2024 56
Figure 5: Best Buy Co., Inc. - Balance Sheet - 2021-2024 58
Figure 6: Best Buy Co., Inc. - Cash Flow Statement 2021-2024 60
Figure 7: Best Buy Co., Inc. - Activity Ratio Charts 62
Figure 8: Best Buy Co., Inc. - Growth Ratio Charts (Value %) 63
Figure 9: Best Buy Co., Inc. - Leverage Ratio Charts 64
Figure 10: Best Buy Co., Inc. - Liquidity Ratio Charts 65
Figure 11: Best Buy Co., Inc. - Profitability Ratio Charts (Value %) 66
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.