: Domestic online revenue grew by 13% to surpass $4 billion, accounting for 11% of the total domestic revenue pool.
Best Buy Reports Better-Than-Expected Fourth Quarter Earnings
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 best buy annual revenue 2016
: Best Buy repurchased $1 billion worth of stock over the course of the fiscal year.
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 . : Domestic online revenue grew by 13% to
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: The company prioritized its "Renew Blue" initiative to combat declining comparable sales and operating margins. The 2016 fiscal year ended on January 30, 2016
In 2016, Best Buy Co., Inc. reported a total annual revenue of for the fiscal year ending January 30, 2016.