Best Buy Reports Better-Than-Expected Fourth Quarter Earnings
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
: The company prioritized its "Renew Blue" initiative to combat declining comparable sales and operating margins. best buy annual revenue 2016
: Domestic online revenue grew by 13% to surpass $4 billion, accounting for 11% of the total domestic revenue pool. 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 .
: Best Buy repurchased $1 billion worth of stock over the course of the fiscal year.