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13	13	At the end of the fiscal year 2023, ended January 28, Best Buy employed more than 90,000 employees in the U.S. and Canada. Of the total employees, 58% are full-time employees, 32% are part-time and 10% are seasonal/occasional employees. The company has two reportable segments - domestic and international. The Domestic segment is comprised of the operations in all states, districts and territories of the U.S. and Best Buy Health business, and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen and Home, TechLiquidators and Yardbird and the domain names bestbuy.com, currenthealth.com, lively.com, techliquidators.com and yardbird.com. And the International segment is comprised of all operations in Canada under the brand names Best Buy, Best Buy Mobile and Geek Squad and the domain name bestbuy.ca.
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	15	+The company had 1,138 stores at the end of fiscal 2023 throughout their Domestic and International segments.
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15	15	Corie Sue Barry is the current CEO & Director of the company. As of May 2023, the company had 52-weeks price range of $93.32 to $60.79. Trailing P/E ratio of the company is 11.70 times, price to sales ratio (ttm) is 0.36 times, profit margin is 2.93%, operating margin (ttm) is 3.95%, return on assets (ttm) is 7.44%, return on equity (ttm) is 47.55%, diluted EPS (ttm) is $6.29. Payout ratio of the company is 55.96%. The company split its shares on August 03, 2005 to the ratio of 3:2. At the end of first quarter of fiscal 2024, ended April 29, 2023, the company had weighted-average diluted common shares outstanding of 219.9 million.
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38	38	= Company History =
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	42	+Richard Schulze and his business partners opens up Sound of Music store in St. Paul, Minnesota, USA in 1966. The company acquires Kencraft Hi-Fi Company and Bergo Company in 1967. Sound of Music becomes a publicly traded company a year after and it opens three stores in the Twin Cities area. By 1970, the company hits the $1 million mark in annual revenue. After a decade of expansion, in 1983, the board of directors of the company approves a new corporate name, Best Buy Co., Inc. in 1983. The company with changed name issues IPO on the Nasdaq in 1985 to raise $8 million.
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