Best Buy Annual — Revenue 2016

: The company prioritized its "Renew Blue" initiative to combat declining comparable sales and operating margins.

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 . best buy annual revenue 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

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: Best Buy repurchased $1 billion worth of stock over the course of the fiscal year.

Table_title: Best Buy Reports Better-Than-Expected Fourth Quarter Earnings Table_content: header: | BEST BUY CO., INC. | | | | | | Best Buy Investor Relations Best Buy Revenue 2012-2026 | BBY - Macrotrends

: Domestic online revenue grew by 13% to surpass $4 billion, accounting for 11% of the total domestic revenue pool.