Best Buy 2005 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2005 Best Buy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 118

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118

DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Registrant’s Definitive Proxy Statement dated May 20, 2005 (to be filed pursuant to Regulation 14A within
120 days after the Registrant’s fiscal year-end of February 26, 2005), for the regular meeting of shareholders to be held
on June 23, 2005 (Proxy Statement), are incorporated by reference into Part III.
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (Exchange Act), provide a ‘‘safe harbor’’ for forward-looking statements to encourage companies to provide
prospective information about their companies. With the exception of historical information, the matters discussed in this
Annual Report on Form 10-K are forward-looking statements and may be identified by the use of words such as
‘‘believe,’’ ‘‘expect,’’ ‘‘anticipate,’’ ‘‘plan,’’ ‘‘estimate,’’ ‘‘intend’’ and ‘‘potential.’’ Such statements reflect our current view
with respect to future events and are subject to certain risks, uncertainties and assumptions. A variety of factors could
cause our future results to differ materially from the anticipated results expressed in such forward-looking statements,
including, among other things, general economic conditions, acquisitions and development of new businesses, product
availability, sales volumes, profit margins, weather, foreign currency fluctuation, availability of suitable real estate
locations, our ability to react to a disaster recovery situation, and the impact of labor markets and new product
introductions on our overall profitability. Readers should review our Current Report on Form 8-K filed with the Securities
and Exchange Commission (SEC) on March 18, 2004, that describes additional important factors that could cause future
results to differ materially from those contemplated by the forward-looking statements made in this Annual Report on
Form 10-K.