Ticker | BBY |
FIGI | BBG000BCWCG1 |
CUSIP | 086516101 |
Sector | Consumer Discretionary |
Equity Type | Common Stock |
No. Companies Holding this Equity | 792 / 11.3% |
Percentage held by institutional investors | 91.0% |
About
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983. Best Buy operates internationally in Canada, and formerly operated in China until February 2011 (when the faction was merged with Five Star) and in Mexico until December 2020 (due to the effects of the COVID-19 pandemic). The company also operated in Europe until 2012. Wikipedia