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MarketScreener Homepage  >  Equities  >  Nyse  >  Best Buy Co., Inc    BBY

BEST BUY CO., INC

(BBY)
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Best Buy : Kicks off the Holiday Season With Free Next-Day Delivery on Thousands of Items

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10/22/2019 | 07:02am EST

Shoppers in even more of a hurry can get their order within an hour with Store Pickup

This year, Best Buy is making it easier — and much, much faster — to get the tech on everyone’s wish lists.

About 99 percent of Best Buy customers (so, almost everyone) now get Free Next-Day Delivery on thousands of items. From tablets to headphones to espresso machines, tons of the most popular holiday items are included. But, it excludes some bigger and heavier things like big-screen TVs and refrigerators (basically if it’s too big to fit down the chimney).

But wait, there's more! For those who ordered something, or live somewhere, where Free Next-Day Delivery isn’t available, they will still get free standard shipping on everything. All season long. No membership or minimum purchase required.

And if that’s not fast enough — hey, we’ve all been there — just use Store Pickup and your order will be ready within an hour at your local Best Buy. Given 70 percent of Americans live within 10 miles of a Best Buy store, it will take most customers longer to wrap their gifts than to pick them up. This option is just as popular as it is convenient, since about 40 percent of online sales are picked up in stores.

Same-Day Delivery and Curbside
In addition to Store Pickup, there are even more merry ways to get your gifts quick:

  • Same-Day Delivery is available in 42 U.S. metro cities for orders completed on BestBuy.com before 3 p.m. local time (2 p.m. local time on Sundays). Click here to see if Same-Day Delivery is available where you live.
  • Curbside lets customers pick up their tech without getting out of the car, which is great if you live somewhere that takes “let it snow, let it snow, let it snow” a little too literally. Curbside is currently available in select markets across the country, with even more stores on the way.

My Best Buy members
Another way shoppers can receive early and exclusive access on some of the biggest sales of the season is by becoming a My Best Buy member. Membership is completely free and requires no monthly or annual fees. These special member-only offers are available on BestBuy.com or in stores. Sound too good to be true? Click here to sign up and see for yourself.

This year, My Best Buy members will have more opportunities than ever to save, including being the first to access to Best Buy’s Black Friday deals. Also new this year, My Best Buy members will get special access to save on Apple products. Each week, there will be new offers on everything from iPad to Apple Watch to MacBook, just for members.

Total Tech Support
Not only can shoppers give anyone on their list the greatest tech, but they can stuff stockings with total peace of mind thanks to a Total Tech Support membership. Members get unlimited support for all the tech and appliances under their roof, no matter where or when they bought them. Plus, they get exclusive prices and discounts on services like TV mounting, computer virus removal, appliance installation, Geek Squad Protection, AppleCare Products and more. Internet Security software is also included at no extra charge ($49.99 value) for coverage on up to 10 devices. We saved the best for last — starting Oct. 27, current Total Tech Support members can save $50 when they buy Total Tech Support as a gift.

Gift Center
Finally, for those customers who just can’t decide on the best gift, Best Buy is here to provide some inspiration. Shoppers can visit the Best Buy Gift Center for ideas on thousands of the season’s latest tech gifts that would look great under the tree.


© Business Wire 2019
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Financials (USD)
Sales 2020 43 489 M
EBIT 2020 2 080 M
Net income 2020 1 510 M
Debt 2020 150 M
Yield 2020 2,26%
P/E ratio 2020 15,8x
P/E ratio 2021 14,6x
EV / Sales2020 0,54x
EV / Sales2021 0,51x
Capitalization 23 145 M
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Technical analysis trends BEST BUY CO., INC
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TrendsBullishBullishBullish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 86,83  $
Last Close Price 89,44  $
Spread / Highest target 12,9%
Spread / Average Target -2,91%
Spread / Lowest Target -31,8%
EPS Revisions
Managers
NameTitle
Corie Sue Barry Chief Executive Officer & Director
Rajendra Michael Mohan President & Chief Operating Officer
Hubert Joly Executive Chairman
Matthew Bilunas Chief Financial Officer
Brian Tilzer Chief Digital & Technology Officer
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