百思买Best Buy (BBY) 2000财年年度报告「NYSE」.pdf

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1、Best Buy Co.,Inc.Fiscal 2000 Annual Report Innovate AccelerateChairmans Letter2What We Stand For/Where Were Going6Who We Are/How We Did1610-Year Financial Highlights18Managements Discussion and Analysis of Results of Operations and Financial Condition20Consolidated Financial Statements and Notes30Co

2、mpany Information46Board of Directors and Officers47Why Were Successful48ContentsProduct Sales Mix1 Earnings rose 60%,to$347 million Revenues grew by more than 20%for the second consecutive year EVAimproved more than$100 million year over year Inducted into the S&P 500 Index in June 1999 Rated 25th

3、on Business Weeks performance ranking of S&P 500 companies Opened 47 new stores and introduced the small-market concept Digital products emerged to drive the industry Announced several strategic alliances and investments Recognized by Fortunemagazine as one of the top 10 stock performers of the deca

4、de Our founder is named 1999s Master Entrepreneur of the Year Another exciting year!Best Buy Co.,Inc.,the nations No.1specialty retailerof name-brandconsumer electronics,personal computers,entertainment software and appliances,has grownfrom one store in 1966 to more than 350 today.Quality products a

5、nd services,competitiveprices and dedicated salespeople have propelled Best Buy to fulfill its missionto improvepeoples lives by making technology and entertainment products affordable and easy to use.Best Buys stock is traded on the New York Stock Exchange,symbol:BBY.by Ernst&Young and CNNWOW!WOW!2

6、To Our Shareholders:Since our inception 34 years ago,our Company has never been aspreparedtocompetesuccessfully.Wearemorefullyalignedthan ever and proud of ourperformancein this past year.Our net earnings improved 60%,to$347 million.The digital revolution delivered exciting new products,enabling us