Best Buy 2000 Annual Report Download - page 3

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1
• Earnings rose 60%, to $347 million
• Revenues grew by more than 20% for the second consecutive year
• EVA®improved more than $100 million year over year
• Inducted into the S&P 500 Index in June 1999
• Rated 25th on
Business Week
’s performance ranking of
S&P 500 companies
• Opened 47 new stores and introduced the small-market concept
• Digital products emerged to drive the industry
• Announced several strategic alliances and investments
• Recognized by
Fortune
magazine as one of the top 10 stock
performers of the decade
• Our founder is named 1999’s Master Entrepreneur of the Year
Another exciting year!
Best Buy Co., Inc., the nation’s No.1specialty retailer of name-brand
consumer electronics, personal computers, entertainment software and appliances, has grown
from one store in 1966 to more than 350 today. Quality products and services, competitive
prices and dedicated salespeople have propelled Best Buy to fulfill its mission—to improve
people’s lives by making technology and entertainment products affordable and easy to use.
Best Buy’s stock is traded on the New York Stock Exchange, symbol: BBY.
by Ernst & Young and CNN
WOW!WOW!