Company Profile For Best BUY Co., Inc.

Best Buy Co., Inc. (Best Buy) is a specialty retailer of consumer electronics, home office products, entertainment software, appliances and related services. The Company operates retail stores and Web sites under the brand names Best Buy (BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com and BestBuyMobile.com), The Carphone Warehouse (Carphone Warehouse.com), Five Star (Five-Star.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Magnolia Audio Video (MagnoliaAV.com). It operates through two business segments: Domestic and International. The Domestic segment consists of the store, call center and online operations in all states, districts and territories of the United States operating under the brand names Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video and Speakeasy. The International segment is comprised all Canada store, call center and online operations, under the brand names Best Buy, Best Buy Mobile, Future Shop and Geek Squad.

BRIEF: For the twenty-six weeks ended 29 August 2009, Best Buy Co., Inc.'s revenues increased 12% to $21.12B. Net income decreased 18% to $311M. Revenues reflect an increase in income from domestic divisions and higher revenue from international divisions. Net income was offset by an increase in cost of goods sold, higher selling, general & administrative expenses, the presence of restructuring charges and lower investment income & other.