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Company Profiles: Revenue, Growth, Competition

BEST BUY Revenue, Growth & Competitor Profile

DBA BEST BUY STORES, LP
DBA BEST BUY STORES PUERTO RICO, LLC
Last updated:

Company Awards

 
Public Company
public company
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Best Buy

Access the complete profile.

Best Buy Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry443142 Radio, Television & Electronics Stores
Address7601 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



Best Buy Annual Revenue and Growth Rate

Best Buy Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

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.



U.S. Industry Overview & Market Statistics:
Radio, Television & Electronics Stores

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Best Buy's Largest Competitors

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.

Company HeadquartersRevenue ($ MM)
BEST BUYRichfield, MN100 
BEST BUY ENTERPRISE SERVICESRichfield, MN95 
ABC PHONES OF NORTH CAROLINARaleigh, NC12 
CELLULAR SALES OF KNOXVILLEKnoxville, TN6 
FUJIFILM NORTH AMERICAValhalla, NY4 
SWEETWATER SOUNDFort Wayne, IN3 
DROPBOXSan Francisco, CA3 
EXPRESS MANAGEMENTEast Brunswick, NJ2 
WIRELESS VISIONBloomfield Hills, MI2 




Nearby Competitors

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.

Company HeadquartersRevenue ($ MM)
BEST BUYRichfield, MN100 
BEST BUY ENTERPRISE SERVICESRichfield, MN95 
JANONEEdina, MN0 
NATIONAL CAMERA EXCHANGEGolden Valley, MN0 
QUALITY REFRIGERATION OF SAVAGERichfield, MN0 
IN-FOCUS SYSTEMSSt Louis Park, MN0 




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.

CompanyRevenue ($ MM)
Best Buy Competitors