Best Buy
3.12 %
-21.03 %
Yet to be announced
Company Overview
Best Buy Co., Inc. retails technology products in the United States and Canada. Its stores provide computing products, such as desktops, notebooks, and peripherals. The company's stores also offer electronics, appliances, and entertainment products. As of January 30, 2022, it had 1,144 stores.
Revenue Sources
PassBased on Best Buy's SEC filings and business model, their primary revenue streams come from selling consumer electronics, appliances, and related services. None of their major revenue sources involve haram activities such as alcohol, gambling, pork products, or interest-based financial services. Their extended warranty and service plans are considered permissible as they provide actual services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Feb. 1, 2025 | $13.95b | $13.74b | - | $13.0m | 0.00% | 0.09% |
| Nov. 2, 2024 | $9.45b | $9.11b | - | $13.0m | 0.00% | 0.14% |
| Aug. 3, 2024 | $9.29b | $8.92b | - | $13.0m | 0.00% | 0.15% |
| May 4, 2024 | $8.85b | $8.55b | - | $12.0m | 0.00% | 0.14% |
Analyzing the last four quarters, Best Buy's interest expense remains relatively stable at around $13 million per quarter, with total expenses ranging from $8.5 billion to $13.7 billion. The interest expense to total expense ratio consistently remains well below the 5% threshold across all quarters, indicating that interest is not a material part of their business model.
Operational Ethics
PassBased on available information from SEC filings and company reports, Best Buy does not maintain significant ongoing associations with entities involved in human rights violations. While the company sources products from various manufacturers globally, there is no evidence of direct material involvement with the Chinese Communist Party or operations in Israel.
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