• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Best Buy Investor and Analyst Day Wrap Up

Best Buy Investor and Analyst Day Wrap Up






Total Views
Views on SlideShare
Embed Views



0 Embeds 0

No embeds



Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
Post Comment
Edit your comment

    Best Buy Investor and Analyst Day Wrap Up Best Buy Investor and Analyst Day Wrap Up Presentation Transcript

    • Darren Jackson Executive Vice President – Finance and Chief Financial Officer
    • Fiscal 2008 Color Commentary: Annual Guidance: • Q108 sales were on plan • Revenue of $39 billion led by the international • Comparable store sales business gain of 3% to 5% • Focusing on customers • EPS of $2.95 to $3.15 – Growing market share • Anticipated modest – Improving customer benefit to fiscal 2008 satisfaction scores earnings per diluted • Earnings growth in the back share as a result of the half of the year $3.0B accelerated share repurchase program
    • Building the Customer Franchise Key Initiatives: Reward Zone 22 million • Store operating model • Customer satisfaction 7 million follow-up and call backs 2006 Today • Winning with Women Customer Satisfaction 76 • Financial Services #1 Driver of Improvement: Quality of Interaction w ith • Best Buy Mobile Employees • International: Canada, 72 72 71 China 2003 2004 2005 2006 Source: American Customer Satisfaction Index Fourth Quarter Scores – 2/20/07 (www.theacsi.org)
    • Expanding the Growth Options 15% Revenue Growth Key Initiatives: CAGR ($ in billions) $35.9 • Build and launch $30.8 $27.4 $24.5 enterprise e-commerce $20.9 $17.7 infrastructure • 40% increase in U.S. FY02 FY03 FY04 FY05 FY06 FY07 Best Buy store footprint • 200 Pacific Sales stores Opportunities: – Women – Loyalty Programs • Best Buy For Business $380B – Financial Services $100B • Expanding Apple $110B $50B locations $120B • Services Market North China U.S. Small • International expansion Potential American Services Businesses CE Market Market sizes are internal estimates.
    • Increasing the Returns 21% Diluted EPS1 Improving our performance: CAGR $2.79 $2.27 • Accenture partnership $1.75 $1.44 • Supply chain $1.11 $1.07 • Financial services • Canada FY02 FY03 FY04 FY05 FY06 FY07 • Organic growth (services) 1 Pro-forma adjusted for FAS 123 expense +4 pts ROIC2 While Investing for the future: 22% 21% 20% 19% 17% • Core business 16% • Growth opportunities • Direct shareholder returns FY02 FY03 FY04 FY05 FY06 FY07 2Fiscal years 2002 thru 2005 have not been adjusted for FAS 123 expense
    • The Next Frontier Damaging to your health Confusing ting Irritaays rk s n’t w o oe This d lw at n’t a ou w ith th s Do e hat y do w it to do Supposed t wa n Over to 2 remo 0 make in th tes Overkill life easier is h o us e Do w S o ma e rea ny op t lly ions…. I can’t need decid e a ll t h is stu ff? It ys ht orked rig ro Wish it w t es ur box ut of the d yo in o Ironically inconvenient rk? hy won’t it wo a W br Frustrating