|Best Buy Co Inc -- USA Stock|| |
USD 68.44 1.76 2.64%
Chairman, CEO and Pres
Mr. Hubert Joly is Chairman of the Board, Chief Executive Officer of the Company. He is President and Chief Executive Officer of Carlson, Inc., a worldwide hospitality and travel company President and Chief Executive Officer of Carlson Wagonlit Travel, a business travel management company senior executive positions with Vivendi S.A., a French multinational media and telecommunications company .
Age: 56 Chairman Since 2016
Joly has a strong reputation as a turnaround and transformation expert, having begun his corporate career leading the struggling French division of Electronic Data Systems. In his three years with EDS, the company reversed its revenue slide, going from 1.3 billion French Francs to 2.1 billion, while significantly increasing profit margin. At Vivendi Universal, he helped lead the restructuring and growth of the company?s video game business, followed by the restructuring of the company itself. Prior to joining Best Buy, Mr. Joly was Chief Executive Officer of Carlson, where he led a renaissance across all its businesses, including its restaurant and hotel divisions. Before becoming Carlson?s Chief Executive Officer, he led a subsidiary unit, Carlson Wagonlit Travel, growing its sales from $8 to $25 billion in four years
Hubert Joly Latest Insider Activity
The company has Return on Asset of 8.61 %
which means that on every $100 spent on asset it made $8.61 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE)
of 24.01 %
implying that it generated $24.01 on every 100 dollars invested.
The company has 1.36 B in debt with debt to equity (D/E) ratio of 37.5 . This implies that the company may be unable to create cash to meet all of its financial commitments. Best Buy Co Inc has Current Ratio of 1.23 demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due.
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Diversified Wholesale And Retail classification in USA and traded on New York Stock Exchange.Best Buy Co Inc (BBY) is traded on New York Stock Exchange in USA. It is located in MINNESOTA, U.S.A and employs 125,000 people. Best Buy is listed under Retail category by Fama And French industry classification.