Best Buy Files Q2 2025 10-Q

Ticker: BBY · Form: 10-Q · Filed: 2024-09-06T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, retail

Related Tickers: BBY

TL;DR

**BBY Q2 2025 10-Q FILED. FINANCIALS ARE IN.**

AI Summary

Best Buy Co Inc. filed its 10-Q for the period ending August 3, 2024. The filing covers financial performance and operational updates for the second quarter of fiscal year 2025. Key financial data and balance sheet information as of August 3, 2024, and previous periods are detailed.

Why It Matters

This filing provides investors with the latest financial health and performance data for Best Buy, crucial for understanding the company's current standing and future prospects in the consumer electronics retail market.

Risk Assessment

Risk Level: medium — The filing contains standard financial disclosures, but the retail sector is subject to economic fluctuations and competitive pressures.

Key Numbers

Q2 2025 — Fiscal Quarter (Reporting period for this 10-Q filing.)
August 3, 2024 — As of Date (The date through which financial information is reported.)

Key Players & Entities

BEST BUY CO INC (company) — Filer
0000764478-24-000035 (filing_id) — Accession Number
20240803 (date) — Period of Report
55423 (zip_code) — Business Address Zip

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is August 3, 2024.

What is the company's Central Index Key (CIK)?

The company's Central Index Key (CIK) is 0000764478.

What is Best Buy's Standard Industrial Classification (SIC) code?

Best Buy's SIC code is 5731, for Retail - Radio, TV & Consumer Electronics Stores.

What is the filing date of this 10-Q?

This 10-Q filing was filed on September 6, 2024.

What is the company's state of incorporation?

The company's state of incorporation is MN (Minnesota).

From the Filing

0000764478-24-000035.txt : 20240906 0000764478-24-000035.hdr.sgml : 20240906 20240906160203 ACCESSION NUMBER: 0000764478-24-000035 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 78 CONFORMED PERIOD OF REPORT: 20240803 FILED AS OF DATE: 20240906 DATE AS OF CHANGE: 20240906 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: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 241284459 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 10-Q 1 bby-20240803x10q.htm 10-Q bby-20240803x10q false --02-01 Q2 2025 0000764478 Yes Yes P5Y P6M P1Y P1Y P1Y P1Y P1Y P1Y 0000764478 srt:ScenarioForecastMember 2024-02-04 2025-02-01 0000764478 us-gaap:SubsequentEventMember 2024-09-04 2024-09-04 0000764478 us-gaap:CommonStockMember 2024-05-05 2024-08-03 0000764478 us-gaap:CommonStockMember 2024-02-04 2024-08-03 0000764478 us-gaap:CommonStockMember 2023-04-30 2023-07-29 0000764478 us-gaap:CommonStockMember 2023-01-29 2023-07-29 0000764478 us-gaap:RetainedEarningsMember 2024-08-03 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-03 0000764478 us-gaap:RetainedEarningsMember 2024-05-04 0000764478 us-gaap:AdditionalPaidInCapitalMember 2024-05-04 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-04 0000764478 2024-05-04 0000764478 us-gaap:RetainedEarningsMember 2024-02-03 0000764478 us-gaap:AdditionalPaidInCapitalMember 2024-02-03 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-03 0000764478 us-gaap:RetainedEarningsMember 2023-07-29 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-29 0000764478 us-gaap:RetainedEarningsMember 2023-04-29 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-29 0000764478 2023-04-29 0000764478 us-gaap:RetainedEarningsMember 2023-01-28 0000764478 us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0000764478 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-28 0000764478 us-gaap:CommonStockMember 2024-08-03 0000764478 us-gaap:CommonStockMember 2024-05-04 0000764478 us-gaap:CommonStockMember 2024-02-03 0000764478 us-gaap:CommonStockMember 2023-07-29 0000764478 us-gaap:CommonStockMember 2023-04-29 0000764478 us-gaap:CommonStockMember 2023-01-28 0000764478 us-gaap:EntertainmentMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 us-gaap:EntertainmentMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ServicesMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ServicesMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 bby:OtherSegmentMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 bby:OtherSegmentMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ConsumerElectronicsMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ConsumerElectronicsMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ComputingAndMobilePhonesMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 bby:ComputingAndMobilePhonesMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 bby:AppliancesMember bby:InternationalSegmentMember 2024-05-05 2024-08-03 0000764478 bby:AppliancesMember bby:DomesticSegmentMember 2024-05-05 2024-08-03 0000764478 us-gaap:EntertainmentMember bby:InternationalSegmentMember 2024-02-04 2024-08-03 0000764478 us-gaap:EntertainmentMember bby:DomesticSegmentMember 2024-02-04 2024-08-03 0000764478 bby:ServicesMember bby:InternationalSegmentMember 2024-02-04 2024-0