Best Buy 2002 Annual Report Download - page 21

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(3) Earnings per share is presented on a diluted basis and reflects a
three-for-two stock split in May 2002; two-for-one stock splits in
March 1999, May 1998 and April 1994; and a three-for-two
stock split in September 1993.
(4) Comparable stores are stores open at least 14 full months,
include remodeled and expanded locations and, for all periods
presented, reflect Best Buy stores only. Relocated stores are
excluded from the comparable store sales calculation until at
least 14 full months after reopening. Acquired stores will be
included in the comparable store sales calculation beginning
with the first full quarter following the first anniversary of the date
of acquisition.
(5) Inventory turns reflect Best Buy stores only and are calculated
based upon a monthly average of inventory balances.
(6) Average revenues per store reflect Best Buy stores only and
are based upon total revenues for the period divided by the
weighted average number of stores open during the fiscal year.
Best Buy Co., Inc. 19
$ in millions, except per share amounts
1997 1996 1995 1994 1993
$
7
,
7
58 $
7
,215 $ 5,080 $ 3,00
7
$1,620 35.6% 20.4%
1,046 934 690 45
7
284 ——
1,006 814 568 380 248 ——
40 120 122
77
36 4
7
.9% 8
7
.
7
%
(6) 46 58 41 20 50.4% —
$ (.02) $ .18 $ .21 $ .1
7
$.10
4.3
7
4.94
7
.54 5.24 2.61
1.31 2.13 3.69 1.81 .
7
8
(4.7%) 5.5% 19.9% 26.9% 19.4%
4.6 4.8 4.
7
5.0 4.8
13.5% 12.9% 13.6% 15.2% 1
7
.5%
13.0% 11.3% 11.2% 12.6% 15.3%
.5% 1.
7
% 2.4% 2.6% 2.2%
$29$31$28$23 $18
$ 563 $ 585 $ 609 $ 363 $ 119
1,
7
40 1,892 1,50
7
952 439
238 230 241 220 54
230 230 230 ——
429 430 376 311 182
2
7
2 251 204 151 111
—————
—————
—————
12,026 10,
77
1 8,041 5,072 3,250
—————
—————
—————
5-Year
Compound
Annual
Growth Rate
10 -Year
Compound
Annual
Growth Rate