Best Buy 2002 Annual Report Download - page 58

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56 Glossary
advertising effectiveness an analysis of how
advertising and product placements within advertising can
affect sales of specific SKUs
appliances product category includes major
appliances, microwaves, vacuums and housewares
ASP average selling price
big-screen TVs non-projection TVs 31 inches and larger
big-tube TVs 31- to 36-inch TVs that have a picture
tube, as opposed to projection screen
CD-RW rewritable format for CD recording
comparable store sales (comps) a measure of
sales growth that excludes the impact of new stores
opened and relocated stores. Best Buy and Future Shop
comps exclude new stores for 14 months, and Musicland
comps exclude new stores for 12 months
consumer electronics product category includes
TVs, DVD players, speakers, cameras, camcorders, car
stereos, home theater systems, shelf systems, personal
portables, satellite systems and accessories
Concept 5 or C5 the newest Best Buy store format, the
fifth in the Company’s history
cost of goods sold includes the wholesale price of a
product plus the cost of transporting the product to the
distribution center and any sales promotions (such as
interest-free financing)
CTO configure-to-order computers, ordered online or in
the store, personalized to the user’s needs
DDC delivery distribution centers, which handle
appliances and big-screen TVs
DC distribution center, which handles most inventory to be
delivered to the stores (see DDC)
digital products include DVD hardware and software,
digital cameras and camcorders, digital TVs, wireless
communication devices and digital broadcast systems
dot-com an abbreviated term for e-commerce
DSL Digital Subscriber Line for high-speed Internet access
DTV digital television
DVD digital versatile disc (or digital video disc), refers to
hardware and software used for viewing digitally
prerecorded movies
EER Energy Efficiency Rating
entertainment software product category
includes CDs, movies and computer software as well as
video game hardware and software
EVA®Economic Value Added, an additional measure of
the Company’s financial performance that includes the
economic cost of assets employed
fiscal year a business calendar including 12 months;
Best Buy’s fiscal year ends on the Saturday nearest
to Feb. 28
GO grand opening of a new store(s)
gross profit revenues minus cost of goods sold
gross profit percentage gross profit divided
by revenues
HDTV high-definition TV, the highest form of digital TV
home office product category includes computers,
printers, scanners, paper, ink and accessories as well as
PDAs and wireless communications devices
HTiB home-theater-in-a-box
Glossary