Company: BBY
Filing Date: 2025-12-05
Form Type: 10-Q
Source: 0000764478-25-000057
Chunk: 56

Company: BEST BUY CO INC
Filing Date: 2025-12-05
Form: 10-Q
Item: Part I, Item 8
Chunk 56
---
 per share$0.66$1.26$2.48$3.73

9.     Repurchase of Common Stock

On February 28, 2022, our Board of Directors approved a $5.0 billion share repurchase program. The program had $3.1 billion remaining available for repurchases as of November 1, 2025. There is no expiration date governing the period over which we can repurchase shares under this authorization. Information regarding the shares we repurchased and retired was as follows ($ and shares in millions, except per share amounts):Three Months EndedNine Months EndedNovember 1, 2025November 2, 2024November 1, 2025November 2, 2024Total cost of shares repurchased$34$135$201$285Average price per share$74.03$95.43$67.28$87.19Number of shares repurchased and retired0.51.43.03.2

10.     Contingencies

We are involved in a number of legal proceedings. Where appropriate, we have made accruals with respect to these matters, which are reflected on our Condensed Consolidated Financial Statements. However, there are cases where liability is not probable or the amount cannot be reasonably estimated and, therefore, accruals have not been made. We provide disclosure of matters where we believe it is reasonably possible the impact may be material to our Condensed Consolidated Financial Statements.

15

11.     Segments

Segment and category revenue information was as follows ($ in millions): Three Months EndedNine Months EndedNovember 1, 2025November 2, 2024November 1, 2025November 2, 2024Domestic:Computing and Mobile Phones$4,368$4,065$12,090$11,445Consumer Electronics2,3512,4256,9397,267Appliances9651,0573,0403,324Entertainment5434791,6731,497Services5916011,7511,769Other6070210221Total Domestic revenue$8,878$8,697$25,703$25,523International:Computing and Mobile Phones$420$386$1,090$1,012Consumer Electronics202194573553Appliances6467201213Entertainment5447164132Services4747123124Other772323Total International revenue7947482,1742,057Total revenue$