Best Buy Files 8-K on Operations & Financials

Ticker: BBY · Form: 8-K · Filed: 2024-08-29T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, operations, sec-filing

Related Tickers: BBY

TL;DR

BBY filed an 8-K today covering financials. Details to come.

AI Summary

Best Buy Co., Inc. filed an 8-K on August 29, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the period ending August 29, 2024. No specific financial figures or operational details were provided in this initial filing summary.

Why It Matters

This filing provides an official update on Best Buy's financial health and operational status, which is crucial for investors and analysts to assess the company's performance.

Risk Assessment

Risk Level: low — This is a routine filing reporting on financial condition and operations, not indicating any immediate or significant new risks.

Key Players & Entities

FAQ

What specific financial results are being reported in this 8-K?

The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits,' but the specific financial figures are not detailed in the provided summary.

What is the reporting period for this 8-K filing?

The filing is dated August 29, 2024, and the 'Date as of change' is also August 29, 2024, indicating the report covers events or conditions as of this date.

What is Best Buy's state of incorporation?

Best Buy Co., Inc. is incorporated in Minnesota.

What is the address of Best Buy's principal executive offices?

The principal executive offices are located at 7601 Penn Avenue South, Richfield, Minnesota 55423.

What is the purpose of this 8-K filing?

The purpose is to report on the 'Results of Operations and Financial Condition' of Best Buy Co., Inc., as required by SEC regulations.

From the Filing

0000764478-24-000031.txt : 20240829 0000764478-24-000031.hdr.sgml : 20240829 20240829070031 ACCESSION NUMBER: 0000764478-24-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240829 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240829 DATE AS OF CHANGE: 20240829 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: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 241258531 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-20240829x8k.htm 8-K bby-20240829x8k false 0000764478 0000764478 2024-08-29 2024-08-29 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) August 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 August 29, 2024, Best Buy Co., Inc. (“Best Buy” or the “registrant”) issued a news release announcing its results of operations for the second quarter ended August 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, August 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 August 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 amended,

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