Current Financial Information2011 Income: 49,747,000,000
Number of employees: 167,000 Ticker Symbol: BBY Click for Current Stock Information (including stock price, stock chart, market cap, and profit margin) Click for SEC 10K Click for DEF 14A Click for Annual Report CompetitorsHNS Inc http://money.cnn.com/quote/quote.html?symb=HSNI
Conn's Inc http://money.cnn.com/quote/quote.html?symb=CONN RadioShack Corp http://money.cnn.com/quote/quote.html?symb=RSH Amazon http://www.amazon.com/ |
Assessment of Financial SituationBest Buy has been having several problems recently but their profit has not suffered too much as a result. Their stock price is higher than some well known companies, but they are significantly lower than their top competitors. Their stocks are down and they have lost their CEO, however there are some positive aspects of the situation. Their competitors are on the rise but they have not been beat completely yet. They have also found a new CEO who has a lot of promise and it is certainly possible for them to start making improvements soon. It might not be the best time to invest in Best Buy, but there is some hope. There are no signs pointing to a bankruptcy anytime soon, and it seems like their is a lot of potential for a change for the better. However, the situation overall is still more on the negative side of things and it is most likely unwise to invest in them.
|