7601 Penn Avenue South Richfield, MN 55423 bestbuy.com
Best Buy's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Radio, Television & Electronics Stores industry.
Best Buy's Annual Report & Profile shows critical firmographic facts:
What is the company's size? (Annual sales and employees)
What industry is the company in?
Best Buy is a publicly traded company on NYQ using the ticker symbol BBY.
Detailed information on company financials and operating reports can be found here:
NYQ: BBY
Note: Best Buy's revenues are gauged from an analysis of company filings.
Trademark Applications
Trademark applications show the products and services that Best Buy is developing and marketing.
Best Buy doesn't have any recent trademark applications, indicating Best Buy is focusing on
its existing business rather than expanding into new products and markets.
Trademarks may include brand names, product names, logos and slogans.
Trademark
Date
SECURECAST Electric or electronic sensors for detecting the location of mobile devices and triggering location-specific digital communications to such mobile devices; proximity sensors
10/03/2013
SWIRL Computer application software for mobile phones and mobile computing devices, namely, software for enabling consumer users to gather, discover, view, discuss, share, and access information relating to availability, pricing and promotions on and of goods and services of others, all the foregoing directed to individual consumers
03/28/2012
ENSTALL Construction, maintenance and repair of integrated audio, video, lighting, telephone and security systems for residential and commercial environments
12/08/2000
See all trademarks and details in the Full Report.
Recession Risk
Determine whether Best Buy grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof Best Buy is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
A competitive analysis shows these companies are in the same general field as Best Buy, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Best Buy.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Best Buy's Fastest Growing Competitors
These companies are in the same general field as Best Buy and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.