Company: BBY
Filing Date: 2025-06-24
Form Type: 11-K
Source: 0000764478-25-000029
Chunk: 0

Company: BEST BUY CO INC
Filing Date: 2025-06-24
Form: 11-K
Chunk 0
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K (Mark One)

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| ☒ | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

For the fiscal year ended December 31, 202 4 OR

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| ☐ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

For the transition period from to Commission File Number: 1-9595 A. Full title of the plan and the address of the plan, if different from that of the issuer named below: Best Buy Retirement Savings Plan B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: BEST BUY CO., INC. 7601 Penn Avenue South Richfield, Minnesota 55423 BEST BUY RETIREMENT SAVINGS PLAN TABLE OF CONTENTS

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| Report of Independent Registered Public Accounting Firm                   |  3 |
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| Financial Statements:                                                     |    |
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| Statements of Net Assets Available for Benefits                           |  4 |
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| Statements of Changes in Net Assets Available for Benefits                |  5 |
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| Notes to the Financial Statements                                         |  6 |
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| Supplemental Schedule Furnished Pursuant to the Requirements of Form 5500 | 11 |
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| Schedule H. Part IV. Line 4i – Schedule of Assets (Held at End of Year)   | 12 |
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| Signatures                                                                | 13 |
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| Exhibit Index                                                             | 14 |
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NOTE: All other schedules required by Section 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable. 2 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of the Best Buy Retirement Savings Plan (the "Plan") as of December 31, 2024 and 2023, the related