Best Buy Co., Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Best Buy Co., Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Best Buy Co. (Best Buy or the company) is a multinational retailer of consumer electronics, home office products, entertainment software, appliances, and related services. The company operates in the US, Canada, Europe, Mexico, China and Turkey. It is headquartered in Richfield, Minnesota and employs about 180,000 people. The company recorded revenues of $50,272 million in the financial year ended February 2011 (FY2011), an increase of 1.2% over FY2010. The increase in revenues was primarily attributed to the net addition of 147 new stores during FY2011 and the favorable effect of fluctuations in foreign currency exchange rates. The operating profit of the company was $2,114 million in FY2011, a decrease of 5.4% compared to FY2010. The net profit was $1,277 million in FY2011, a decrease of 3% compared to FY2010. The decrease in net earnings was due to the decreases in operating income of both the domestic and international segments, driven primarily by the $222 million ($147 million net of tax) of restructuring charges recorded in the fourth quarter of FY2011, compared to $52 million ($25 million net of taxes and non-controlling interest) of restructuring charges recorded in FY2010.
Scope of the Report
Provides all the crucial information on Best Buy Co., Inc. required for business and competitor intelligence needs
Contains a study of the major internal and external factors affecting Best Buy Co., Inc. in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams of Best Buy Co., Inc.
Data is supplemented with details on Best Buy Co., Inc. history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement from Best Buy Co., Inc.
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