Best Buy's revenue in the United States has been increasing over the highlighted period, growing from around ** billion U.S. dollars in 2012 to over **** billion U.S. dollars in 2022. However, due to the economic downturn, Best Buy's revenue decreased in FY 2024, with around ** billion U.S. dollars generated in the U.S. Of the ** billion U.S. dollars Best Buy generated in their 2023 financial year, a vast majority of this revenue came from their sales in the United States. Rising revenue per store Best Buy's revenue per store in the United States has been increasing in recent years, although its total number of domestic and international stores has been decreasing recently. Best Buy earns the majority of its revenue from brick and mortar store sales and has a growing presence in the e-commerce market. Best Buy is compensating for a decrease in the number of retail outlets with growing online revenues and online revenues as a share of total revenue, as the company seeks to increase its share of the United States e-commerce market. Best Buy has managed to increase its online share of overall revenue to around ** percent. A global consumer electronics retailer Best Buy is a global retailer and developer of technology products and services. The company's products include consumer electronics, mobile products, televisions, digital cameras, e-readers, appliances, and others. Its services include installing and delivering appliances, computer and gaming setup, furniture assembly, and repair services.

Best Buy's global revenue has been decreasing since 2022 with the loss of around ** billion U.S. dollars in 2024 the revenue the company generated plummeted to **** billion U.S. dollars. Computing and mobile phones lead Best Buy's sales Best Buy generates almost half of its revenue from the sales of computing and mobile phones. Consumer electronics are second in line, accounting for about a third of the company's revenue. Both segments together make up nearly ** percent of the company's revenue from domestic and international markets. Best Buy also generates revenue from appliances, entertainment, and services. The company earns the majority of its revenue from brick and mortar store sales, but also has a presence in the e-commerce market. E-commerce sales are growing Best Buy is a global retailer and developer of technology products and services. The company operates around ***** domestic and international outlets, with the majority of outlets located in the United States. Best Buy earns around ** percent of its revenue from brick and mortar store sales. The number of stores and square footage in both domestic and international outlets has declined in recent years, while the company’s online revenue has grown. The growth in Best Buy’s online sales has been higher than its overall sales growth in recent years, leading to an increased share of online revenue as total revenue.

Best Buy Co.'s annual revenue was $41.53 B in fiscal year 2025. The annual revenue decreased -$1.92 B from $43.45 B (in 2024) to $41.53 B (in 2025), representing a -4.43% year-over-year decline.

Best Buy’s revenue per store and square foot in the United States fluctuated from FY 2018 to FY 2023. The company's FY 2023 revenue per store stood at around ***** million U.S. dollars with around ***** U.S. dollars in sales per square foot.

Increased revenues from less stores and square footage    

Although Best Buy’s total number of domestic and international stores have been decreasing in recent years, the company's revenue per store has been increasing. In line with fewer stores, Best Buy has also witnessed rising revenues per square foot as their overall square footage continues to decline in both domestic and international outlets.

How well can Best Buy deal with COVID-19 store impacts?   

Best Buy generates the majority of its revenue in the United States from computer, mobile phones, and consumer electronics sales. These three product categories make up almost 80 percent of Best Buy's revenue in the United States. Most consumers in the United States expect their consumption of consumer electronics to remain relatively the same despite the coronavirus outbreak, with only a small amount expecting a decrease in their consumption. Best Buy’s increasing online revenue and online revenue as a share of total revenue in recent years puts the company in the position to compensate less visits to physical stores, and therefore decreasing store sales, through the growth of e-commerce revenue.

Best Buy reported $2.19B in Gross Profit on Sales for its fiscal quarter ending in June of 2025. Data for Best Buy | BBY - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last September in 2025.

In fiscal year 2025, Best Buy Co.'s revenue by segment (products & services) are as follows: Appliances: $4.91 B, Computing And Mobile Phones: $18.68 B, Consumer Electronics: $12.07 B, Entertainment: $2.91 B, Other Segment: $333.00 M, Services: $2.63 B.

Best Buy’s sales growth has decreased the last fiscal year, from **** in FY 2023 to *** in FY 2024. The growth in Best Buy’s sales is mainly driven by online/e-commerce sales with the segment seeing ***** percent comparable online sales growth in FY 2021, up from the ** percent in FY 2020. Best Buy’s rising online sales     The strong growth of Best Buy’s e-commerce sales in the last few years has led to an increase in the segment’s share of the company’s overall revenue. In the most recent financial year online sales made up about ** percent of Best Buy’s revenue, a share that the company is looking to increase further in the upcoming years with the goal of gaining a higher overall market share in the U.S. e-commerce market. Today Best Buy still generates the majority of its sales from brick and mortar store sales. Best Buy stores    With over 1,000 stores in operation throughout the United States, the country is home to the majority of Best Buy stores. In line with the general decline in international stores over time , the number of Best Buy’s domestic stores has decreased, as well as their overall square footage of outlets. Closures of Best Buy’s Mobile stand-alone stores have also contributed to the company’s decreasing store count.

Best Buy's online revenue increased between FY 2018 and 2022, from a little under six billion U.S. dollars in FY 2018 to around 16.4 billion in FY 2022. However, after 2022 their revenue has been dropping and in 2025 it plummeted to 12.99 billion U.S. dollars.

The revenue of Best Buy Company with headquarters in the United States amounted to ***** billion U.S. dollars in 2024. The reported fiscal year ends on February 01.Compared to the earliest depicted value from 2020 this is a total decrease by approximately **** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this decrease did not happen continuously.

Best Buy reported 85K in Employees for its fiscal year ending in February of 2024. Data for Best Buy | BBY - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last September in 2025.

In fiscal year 2025, Best Buy Co.'s revenue by geographical region are as follows: Domestic Segment: $38.24 B, International Segment: $3.29 B.

With a total of ***** stores in operation worldwide, Best Buy operates around *** stores less today than it did ten years ago. Best Buy’s growth and expansion in the early 2010’s came with an increasing number of stores, with the worldwide number of stores rising to ***** in 2013 - their highest number of stores in the highlighted period. Store numbers worldwide generally declined after this. Majority of Best Buy stores located in the United States Most of Best Buy stores are located in the United States. In line with the overall decline in stores over time, the number of Best Buy’s domestic stores has decreased as well, dropping to below 1,000 in 2021. Closures of Best Buy Mobile stand-alone stores have also contributed to the declining store count. As the majority of stores are located in the United States, the majority of revenue is also generated here. Next to its home market Best Buy also operates stores in Canada and Mexico. Best Buy’s position in the US e-commerce market    Best Buy primarily competes with retailers such as Walmart, Amazon, Target and Cisco, and has a relatively low share of the e-commerce market in the United States. With decreasing physical stores and the bankruptcy of their closest competitor - Circuit City - the company could be in a position to increase their presence in the U.S. e-commerce market. Best Buy’s online revenue as a share of total revenue in the United States has increased in recent years, reaching close to a fifth of the company’s total revenue as of the last fiscal year.

In fiscal year 2025, the revenue per employee at Best Buy Co. was $488.56 K. The revenue per employee decreased by $22.64 K from $511.20 K (in 2024) to $488.56 K (in 2025).

Best Buy Co.'s annual net income per employee was $10.91 K in fiscal year 2025. The net income per employeedecreased$3.69 Kfrom $14.60 K(in 2024) to $10.91 K (in 2025), representing a -25.30% year-over-year decline.

Best Buy had a total of *** own name stores in operation throughout the United States as of March 2024. Best Buy also operates a number of Pacific Sales stores and outlet stores, which together with their own name stores amounted to a total of *** stores in the United States as of 2024. On a global scale, the total number of Best Buy stores has decreased in recent years.  Fewer stores but higher sales per unit    In line with decreasing stores, Best Buy’s overall square footage has declined in recent years in both domestic and international outlets. With Best Buy’s total revenue and online revenue as a share of total revenue increasing in recent years, the company’s revenue per store and square footage have also increased. Both of these metrics are currently at higher levels than in preceding financial years.  Best Buy – One of the largest CE retailers worldwide   Best Buy is one of the most well-known and valuable retailers in the United States, as well as one of the largest multi-channel consumer electronics retailers worldwide, with stores in the United States, Canada, and Mexico. The company's products include consumer electronics, mobile products, televisions, digital cameras, e-readers, and appliances. Its services include installation and delivery of appliances, computer and gaming setup, furniture assembly and repair services.

Consumer electronics stores have exhibited mixed performance in recent years. Electronics retailers offer a broad spectrum of goods, including TVs, computers, tablets, refrigerators, washing machines and blenders. Stores have struggled because of strong competition from mass merchandisers, including discount retailers and department stores and the continued rise of e-commerce outlets. The large shift in consumer spending from services to goods during the pandemic unexpectedly boosted revenue in 2020 as demand for consumer electronics rose. However, this wasn't enough to offset the overall slump in revenue caused by strong external competition and unfavourable macroeconomic conditions. Revenue for consumer electronics stores is expected to dip at a CAGR of 1.2% to $15.6 billion through the end of 2024, despite a forecast increase of 0.1% that year alone. Consumer electronics stores have endured a steady decline over the past decade, as many stores have struggled to attract customers since the growing prominence of online retailers and mass merchandisers. These competitors offer very competitive prices and sometimes have a wider variety of goods. Large stores, like Best Buy, have begun restructuring their businesses by closing unprofitable stores, shifting their focus to maintaining smaller stores and entering a strategic partnership with The Source, another major consumer electronics store. Many electronics stores have also begun emphasizing customer service by offering more interactive shopping experiences. Increased external competition and changing consumer preferences have contributed to a decline in profit in recent years. Moving forward, revenue for consumer electronics stores is forecast to recover modestly as stores benefit from their investments in online platforms. Stores like Best Buy will be poised to compete with the likes of Amazon and Walmart to win online business. Still, revenue is expected to remain far below its 2007 peak. Economic growth will intensify competition among retailers to secure a sizeable consumer electronics market share. The price-based competition will intensify, which will further diminish profitability. Revenue is expected to climb at a CAGR of 1.6% to $16.9 billion through the end of 2029.

Best Buy الربح الإجمالي على المبيعات - القيم الحالية، والبيانات التاريخية، والتنبؤات والإحصاءات والرسوم البيانية والتقويم الاقتصادي - Sep 2025.Data for Best Buy | الربح الإجمالي على المبيعات including historical, tables and charts were last updated by Trading Economics this last September in 2025.

The Black Friday sales event, traditionally held the day after Thanksgiving in the United States, has evolved into a global phenomenon, impacting the retail landscape significantly. The market demonstrates robust growth, with a Compound Annual Growth Rate (CAGR) – let's conservatively estimate this at 8% based on typical e-commerce growth and the enduring popularity of Black Friday – driving a substantial increase in market value year-over-year. This growth is fueled by several key drivers: the increasing adoption of e-commerce, aggressive promotional strategies employed by retailers, the growing influence of social media marketing in driving consumer behavior, and the increasing consumer expectation of significant discounts. Major players like Amazon, Walmart, Target, and Best Buy leverage their extensive online and offline infrastructure to capitalize on this event, while brands like Adidas, Puma, and H&M use Black Friday to clear inventory and boost holiday sales. The increasing prevalence of early Black Friday deals and extended promotional periods also contribute to the overall market expansion. However, the market faces certain restraints. Increasing competition among retailers necessitates highly competitive pricing strategies, potentially impacting profitability. Concerns about supply chain disruptions and logistics remain a challenge, affecting the timely delivery of goods and potentially impacting consumer satisfaction. Furthermore, evolving consumer preferences and a growing emphasis on sustainable and ethical consumption may influence purchasing decisions, requiring retailers to adapt their strategies accordingly. Segmentation reveals a diverse market, with different product categories (electronics, apparel, home goods) experiencing varying levels of growth and exhibiting distinct consumer behaviors. The geographical distribution of sales is likely skewed toward North America and Europe initially, but Asia and other regions are witnessing a rapid increase in Black Friday participation. The forecast period (2025-2033) anticipates continued growth, with the market value expected to increase significantly due to the factors mentioned above. This trend indicates a strong future for Black Friday sales, although retailers need to remain agile and adapt to changing consumer expectations and market dynamics.

The global consumer electronics retail market is experiencing steady growth, projected to reach a market size of $1.27 trillion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.56% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing affordability and accessibility of advanced consumer electronics, particularly smartphones and smart home devices, fuels demand across diverse demographics. Secondly, evolving consumer preferences towards premium features, innovative technologies, and seamless online-offline shopping experiences are shaping market dynamics. The rise of e-commerce platforms and omnichannel retail strategies further accelerates market growth, offering consumers greater convenience and choice. Finally, technological advancements continuously introduce new products and services, creating a cycle of upgrades and replacement purchases, bolstering market revenue. However, challenges remain. Intense competition among established players like Best Buy, Amazon, Walmart, and Apple, alongside the emergence of new online retailers, puts pressure on profit margins. Supply chain disruptions and fluctuating component costs also impact the industry's stability. Furthermore, concerns surrounding e-waste management and the environmental impact of rapidly changing electronics represent significant long-term obstacles that retailers must navigate responsibly. Market segmentation, while not explicitly provided, likely includes categories such as online versus brick-and-mortar retail, product type (smartphones, TVs, laptops, etc.), and geographic region. Successful players will need to effectively manage inventory, optimize pricing, and focus on superior customer service to thrive in this dynamic and competitive landscape. Key drivers for this market are: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Potential restraints include: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Notable trends are: The Accessibility and Convenience of Online Shopping Platforms Increase Market Demand.

The net income of Best Buy Company with headquarters in the United States amounted to *** billion U.S. dollars in 2016. The reported fiscal year ends on February 01.Compared to the earliest depicted value from 2012 this is a total increase by approximately *** billion U.S. dollars. The trend from 2012 to 2016 shows, however, that this increase did not happen continuously.