Best Buy 2014 Annual Report Download - page 57

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52
The strength of the U.S. dollar compared to the Canadian dollar since the end of fiscal 2013 (11-month) had a negative overall
impact on our revenue and earnings as the Canadian dollar translated into fewer U.S. dollars. The negative impact on revenue
from the Canadian dollar depreciation was partially offset by a positive impact from the appreciation of the Chinese yuan and
Mexican peso. We estimate that foreign currency exchange rate fluctuations had a net unfavorable impact on our revenue in
fiscal 2014 (12-month) of approximately $159 million and a net unfavorable impact on earnings of $6 million. In fiscal 2013
(11-month), the impact of foreign currency exchange rate fluctuations had a favorable impact on our revenue of approximately
$28 million and an unfavorable impact on earnings of $16 million.