2015 Financial News


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March 28, 2015Best Buy Canada announces the consolidation of Future Shop and Best Buy stores and websites under the Best Buy brand and a plan to invest up to $200 million to build a leading multi-channel customer experience
BURNABY, British Columbia--(BUSINESS WIRE)--Mar. 28, 2015-- To strengthen its position as Canada’s leading provider of consumer electronics products, services and solutions, Best Buy Canada, a subsidiary of Best Buy Co., Inc. (NYSE:BBY) – which owns and operates both Best Buy and Future Shop stores – today announced it is consolidating the Future Shop and Best Buy stores and websites under the Best Buy brand and unveiled an ambitious plan to build... 
March 03, 2015Best Buy Announces Capital Return to Shareholders
Special Dividend of $0.51 per Share or Approximately $180 Million 21% Increase in Quarterly Dividend to $0.23 per Share $1 Billion in Share Repurchases over Three Years MINNEAPOLIS--(BUSINESS WIRE)--Mar. 3, 2015-- Best Buy Co., Inc. (NYSE:BBY) today announced that its Board of Directors authorized a plan to return excess capital to shareholders as follows: A special, one-time dividend of $0.51 per share, or ap... 
March 03, 2015Best Buy Reports Fourth Quarter Results
Non-GAAP Diluted EPS from Continuing Operations of $1.48 GAAP Diluted EPS from Continuing Operations of $1.47 Annualized Renew Blue Cost Reductions Reach $1.02 billion MINNEAPOLIS--(BUSINESS WIRE)--Mar. 3, 2015-- Best Buy Co., Inc. (NYSE: BBY) today announced results for the fourth quarter (“Q4 FY15”) and year ended January 31, 2015 (“FY15”), as compared to the fourth quarter (“Q4 FY14”) and year ended February 1, 2014 (“FY14”)... 
January 15, 2015Best Buy Reports Increase in Holiday Revenue
Enterprise revenue increased 2.1% Domestic comparable sales increased 2.6%, excluding the benefit of mobile phone installment billing MINNEAPOLIS--(BUSINESS WIRE)--Jan. 15, 2015-- Best Buy Co., Inc. (NYSE:BBY) today announced revenue results for the nine weeks ended January 3, 2015, as compared to the nine weeks ended January 4, 2014, excluding revenue from the Five Star business in China. As announced on December 4, 2014, the company entered into a definitive agreement for the sale of its...