Best Buy

A multi-channel global consumer electronics retailer and developer of technology products and services.

39.41 USD  +0.66 (+1.70%)
Delayed Price  /  Updated: 4:30 PM CST, Nov 28, 2014  /  Add to My Watchlist      
52 Week High 43.19
52 Week Low 22.15
Volume 7155424
Bid (Size) 1700
Ask (Size) 500
Today's Range 39.79 - 38.47
Shares Outstanding 349615898
Dividend Yield 0.72

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StarTribune 100

A measure of the largest publicly held companies with headquarters in Minnesota ranked by revenue.

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Shoppers, CEOs excited for early start to Black Friday

ARTICLE Updated: Nov 28 2014 - 6:11 AM

Naimo Khalif had been standing in line outside the Best Buy store in Roseville for five hours in the bone-chilling cold when a curious silver-haired man walked by with a big grin, shaking hands and...

How a Best Buy manager prepares for Black Friday

ARTICLE Updated: Nov 27 2014 - 7:33 AM

Like a quarterback preparing for a big game, Mike Ersfeld will take some time to collect himself this afternoon when he drives up to the Best Buy store he manages.“I’ll take 10 minutes to...

Best Buy's third-quarter surprise: Sales growth

ARTICLE Updated: Nov 21 2014 - 5:32 AM

The nagging question about Best Buy Co. Inc. has been whether it was slowly fading — driving profits by cutting costs but not able to build sales.On Thursday, the Richfield-based electronics...

Best Buy bucks trend by not pulling Thanksgiving all-nighter

ARTICLE Updated: Nov 12 2014 - 5:29 AM

Best Buy won’t be pulling an all-nighter on Thanksgiving.While most big-box stores opening that night will keep their doors open for more than 24 hours straight, the Richfield-based electronics...

Target quietly testing mobile payment app to rival Apple Pay

ARTICLE Updated: Nov 4 2014 - 4:54 PM

At a time when the future of mobile payments is still up for grabs, Best Buy and Target have aligned themselves with a competitor to Apple Pay.But the Minnesota companies, two of the nation’s...

Best Buy bets on Intel experience zones to drive traffic

ARTICLE Updated: Oct 16 2014 - 9:29 AM

As it looks to bolster its reputation for technological expertise, Best Buy Co. Inc. has teamed up with Intel Corp. to showcase concepts such as augmented reality and 3-D printing that are not yet in...

First out of the gate: Macy's to open at 6 p.m. on Thanksgiving

ARTICLE Updated: Oct 14 2014 - 9:28 PM

Like it or not, shopping on Thanksgiving Day appears here to stay.Macy’s on Tuesday confirmed that it will open its doors at 6 p.m. that day, two hours earlier than it did last year. The department...

Best Buy hits the bar to pitch new 4K TVs

ARTICLE Updated: Oct 4 2014 - 6:14 AM

A guy walks into a bar and comes out with plans to hit up the nearest Best Buy store to get an ultrahigh-definition TV.At least, that’s the hope of the electronics retailer, which is betting...

Best Buy pairs up with designers to dress up smartphones

ARTICLE Updated: Sep 24 2014 - 5:08 AM

These days, the hottest fashion accessory may well be your smartphone — not just which model you carry, but also how you dress it up.The nation’s largest electronics retailer recently...

Best Buy's Joly is resolute on the issue of online sales taxes

ARTICLE Updated: Sep 22 2014 - 4:39 PM

Hubert Joly doesn’t give many speeches. But when he does, there’s been a recurring theme lately: online sales taxes.Best Buy’s CEO is increasingly using his bully pulpit to push...

Best Buy celebrates milestone: 1 billion pounds of recycled electronics

ARTICLE Updated: Sep 19 2014 - 5:49 AM

For Best Buy CEO Hubert Joly, it’s five Eiffel Towers. For Gov. Mark Dayton, it’s 200,000 Paul Bunyan statues.No matter how you measure, though, it comes to 1 billion pounds: the amount...

Best Buy is cautious about rest of the year

ARTICLE Updated: Aug 27 2014 - 6:03 AM

Best Buy Co. Inc.’s top executives thought investors needed a reality check — and gave it to them.Yes, they’re encouraged by the results of their expense-cutting strategy. And yes,...

U.S. warns that Best Buy sold some recalled products

ARTICLE Updated: Jul 26 2014 - 6:43 AM

Best Buy Co. continued to sell or resell 10 products after they had been recalled, according to the U.S. Consumer Product Safety Commission.On Thursday, the agency put out an alert, in conjunction...

Schafer: Retailing's new reality spawns a new metric

ARTICLE Updated: Jul 8 2014 - 8:38 PM

A Wall Street study that looked closely at sales per square foot(print) ranked Best Buy Co. close to the top.How Best Buy feels about this result isn’t known, as it declined to comment. In its...

Best Buy's Joly quits post at Minneapolis Institute of Arts, citing relationship with staffer

ARTICLE Updated: Jul 7 2014 - 10:08 AM

Best Buy CEO Hubert Joly shocked leaders at the Minneapolis Institute of Arts by resigning as the museum’s board chairman on the eve of its centennial year.Joly said he recently began a...

Best Buy shares rose sharply in downbeat week for stocks

ARTICLE Updated: Jun 28 2014 - 6:29 AM

Shares in Best Buy Co. Inc. had their best week of the year, rising nearly 10 percent after a new analyst’s outlook built on improving investor sentiment toward the big electronics retailer.The...

Best Buy's executive compensation plan wins 98% approval

ARTICLE Updated: Jun 13 2014 - 9:02 AM

After balking at how much Best Buy paid its executives a couple of years ago, shareholders are showing increasing confidence in the retailer’s executive compensation plan.At Best Buy’s...

Best Buy sees gains in savings, cost cutting, so it boosts dividend 12%

ARTICLE Updated: Jun 10 2014 - 9:14 PM

Best Buy CEO Hubert Joly took a moment to revel in Renew Blue.As shareholders gathered Tuesday in Richfield for their annual meeting, the man who has been widely lauded for getting the world’s...

Best Buy says hot new products are needed to spur sales growth

ARTICLE Updated: May 23 2014 - 6:09 AM

Best Buy could sure use a fresh iPhone or a hot new PlayStation.Instead, the Richfield-based retailer is up against a product dry spell, which it said nicked sales in the first quarter and is...

Senior executive resigns at Best Buy

ARTICLE Updated: May 5 2014 - 8:50 PM

Jude Buckley has resigned as chief commercial officer of Best Buy Co., where he was in charge of store design and strategies for vendors and wireless carriers, the company said Monday.He is the...

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