URL has been copied successfully!
Best Buy Reports Better-Than-Expected Fourth Quarter Earnings
: Domestic online revenue grew by 13% to surpass $4 billion, accounting for 11% of the total domestic revenue pool.
This represented a 2.01% decline compared to the previous fiscal year's revenue of $40.339 billion. 📊 2016 Financial Overview best buy annual revenue 2016
Note: Best Buy operates on a retail fiscal calendar. The 2016 fiscal year ended on January 30, 2016. Full historical data can be verified on reporting charts at Macrotrends or financial breakdown platforms like Stock Analysis .
In 2016, Best Buy Co., Inc. reported a total annual revenue of for the fiscal year ending January 30, 2016. The 2016 fiscal year ended on January 30, 2016
The table below highlights the core audited financial figures from the Best Buy 2016 Annual Report : Financial Metric FY 2016 Figure $39.528 Billion Cost of Goods Sold $30.334 Billion Gross Profit $9.191 Billion Gross Profit Margin Operating Income $1.375 Billion Net Earnings $897 Million 💡 Key Takeaways from FY16
: The company prioritized its "Renew Blue" initiative to combat declining comparable sales and operating margins. reported a total annual revenue of for the
AI responses may include mistakes. For financial advice, consult a professional. Learn more
