Best Buy Files 8-K on Financial Condition and Operations

TL;DR

**Best Buy just dropped an 8-K on its financials, giving us a peek at their latest performance.**

AI Summary

Best Buy Co., Inc. filed an 8-K on February 29, 2024, reporting on its results of operations and financial condition. The filing, under SEC File Number 001-09595, indicates the company's principal executive offices are located at 7601 Penn Avenue South, Richfield, Minnesota, with a business phone number of (612) 291-1000. This report was filed to satisfy obligations under Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

This filing provides an update on Best Buy's financial health and operational performance, which can influence investor decisions and market perception of the company.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate adverse events.

Key Numbers

• 001-09595 — SEC File Number (Identifies the specific SEC filing for Best Buy)
• 2024-02-29 — Date of Report (Indicates the earliest event reported in the filing)
• 6122911000 — Business Phone (Contact number for Best Buy Co Inc)

Key Players & Entities

• BEST BUY CO., INC. (company) — Registrant
• February 29, 2024 (date) — Date of earliest event reported
• Minnesota (location) — State of incorporation
• 1-9595 (dollar_amount) — Commission File Number
• 41-0907483 (dollar_amount) — IRS Employer Identification No.
• 7601 Penn Avenue South Richfield , Minnesota 55423 (location) — Address of principal executive offices
• (612) 291-1000 (dollar_amount) — Registrant’s telephone number

FAQ

From the Filing

0000764478-24-000003.txt : 20240229 0000764478-24-000003.hdr.sgml : 20240229 20240229070040 ACCESSION NUMBER: 0000764478-24-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240229 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 24698783 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 8-K 1 bby-20240229x8k.htm 8-K bby-20240229x8k false 0000764478 0000764478 2024-02-29 2024-02-29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) February 29, 2024 BEST BUY CO., INC. (Exact name of registrant as specified in its charter) Minnesota 1-9595 41-0907483 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 7601 Penn Avenue South Richfield , Minnesota 55423 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code ( 612 ) 291-1000 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of exchange on which registered Common Stock, $0.10 par value per share BBY New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ‎ Item 2.02 Results of Operations and Financial Condition. On February 29, 2024, Best Buy Co., Inc. (“Best Buy” or the “registrant”) issued a news release announcing its results of operations for the fourth quarter ended February 3, 2024. The registrant is scheduled to conduct an earnings conference call at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) today, February 29, 2024. The earnings conference call is expected to be available live on the registrant’s website at https://investors.bestbuy.com. The news release issued on February 29, 2024, is furnished as Exhibit 99 to this Current Report on Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as