US ／ BBY
Best Buy Co IncBBY · NYSE
A company that sells technology and consumer electronics products to individuals and businesses through stores, online, and in-home visits, and also earns from related services like setup and repair.
- Domestic (U.S. operations)Sells products and services to consumers and businesses across the U.S. via stores, online, and in-home visits
- International (Canada operations)Sells products and services in Canada through stores, online, and mobile channels
- Geek SquadProvides technology setup, repair, and support services to customers
- Best Buy HealthOffers health-related products and services, including Lively and Jitterbug, mainly for older adults
Summarised by AI from the 10-K, Item 1; the supporting quote was checked against the filing.
Best Buy's tariff-exposed electronics supply chain and limited pricing power leave investors doubting the durability of its earnings.
How rare is that fall? (US companies of the same size over ten years) →
Results over the years
| 2023/01 | 2024/02 | 2025/02 | 2026/01 | |
|---|---|---|---|---|
| Sales | $46.3bn | $43.5bn | $41.5bn | $41.7bn |
| Operating profit | $1.8bn | $1.6bn | $1.3bn | $1.4bn |
| Net profit | $1.4bn | $1.2bn | $927m | $1.1bn |
| Operating cash flow | $1.8bn | $1.5bn | $2.1bn | $2.0bn |
Fiscal years from SEC filings (10-K).
Why the market may be pricing it low
Investors see Best Buy's China/Mexico/Southeast Asia-dependent electronics supply chain as unable to protect margins under ongoing tariff and geopolitical risk.
our global supply chain for consumer electronics is heavily reliant on vendor imports from foreign countriesRisk factors
Because tariff-driven cost increases cannot fully be passed on to customers, the company must absorb them into margins, weakening confidence in profitability.
Our ability to increase prices to offset these pressures might be limited, requiring us to absorb these increasesRisk factors
Consumer electronics are discretionary purchases, so the market views results as highly exposed to swings in confidence, rates, and the broader economy.
Consumer demand for the products and services that we offer could be, or could continue to be, affected byRisk factors
What could close the gap
Two 13D filings in the past two years show 5%+ holders pushing for engagement, which could force a shift in capital policy.
直近2年に 2 件Shareholders
Repeated Item 5.02 filings signal management changes, and a new leadership team taking over could trigger a strategic reset.
2026-08-03 Item 5.02,9.018-K filings
Annual Item 5.07 shareholder vote disclosures mean an approved shareholder proposal could signal a change in direction.
2026-06-17 Item 5.078-K filings
How a buyer could still lose (value trap)
Equity is just $3.18B, close to $1.17B of debt, so the high ROE reflects a thin equity base rather than exceptional earning power.
Based on the figures below
The F-Score fails on falling leverage and improving gross margin, so continued tariff cost absorption could further erode margins.
Based on the figures below
Drafted by AI on 30 Sep 2026 from the figures on this page and excerpts of the filing only (no web search). Each point's quote was checked by machine against the filing text; points whose quote could not be found are not shown. These are hypotheses, not findings. Latest 10-K (SEC)
Financial quality (Piotroski F-score)
- ✓Profitable (ROA > 0)
- ✓Positive operating cash flow
- ✓ROA up on last year
- ✓Cash flow exceeds net profit
- ✗Leverage down on last year
- ✓Current ratio up on last year
- ✓No new shares issued
- ✗Gross margin up on last year
- ✓Asset turnover up on last year
Scored out of the checks with data, scaled to 9. Compares the latest year with the year before.
Figures
- Sales
- $41.7bn
- Operating profit
- $1.7bn
- Net profit
- $1.3bn
- Operating cash flow
- $2.5bn
- Cash
- $2.3bn
- Debt
- $1.2bn
- Equity
- $3.2bn
Latest twelve months to 2026-08-01; F-score for the fiscal year to 2026-01-31
This site ranks companies whose share price is low relative to their profits, using public filings and market prices, and has AI draft hypotheses on why they are cheap from those filings. The hypotheses are unverified. Nothing here is a price forecast or a recommendation to buy or sell. Not investment advice.
Updated 10 Nov 2026 08:40 JST