Best Buy Annual Revenue 2016 May 2026

The table below highlights the core audited financial figures from the Best Buy 2016 Annual Report : Financial Metric FY 2016 Figure $39.528 Billion Cost of Goods Sold $30.334 Billion Gross Profit $9.191 Billion Gross Profit Margin Operating Income $1.375 Billion Net Earnings $897 Million 💡 Key Takeaways from FY16

This represented a 2.01% decline compared to the previous fiscal year's revenue of $40.339 billion. 📊 2016 Financial Overview best buy annual revenue 2016

: The company prioritized its "Renew Blue" initiative to combat declining comparable sales and operating margins. The table below highlights the core audited financial

: Best Buy repurchased $1 billion worth of stock over the course of the fiscal year.

Best Buy Reports Better-Than-Expected Fourth Quarter Earnings

: Domestic online revenue grew by 13% to surpass $4 billion, accounting for 11% of the total domestic revenue pool.