百思买Best Buy (BBY) 2007财年年度报告「NYSE」.pdf

1、A WORLD OF OPPORTUNITY A WORLD OF OPPORTUNITY Fiscal 2007 Annual ReportWe are focused on solvingcustomer needs and desiresnot just selling products.Ouremployees bring this focus tolife and are the reason wesee a world of opportunity.Bradbury H.AndersonVice Chairman and CEO BUILDING RELATIONSHIPSgrea

2、t employees,great customersInside Front Cover$35,934$30,848$27,433FY 07FY 06FY 05(U.S.dollars in millions)FY 07FY 06FY 05$2.79$2.27$1.86FY 07FY 06FY 05(from continuing operations)01Best Buy 2007 Annual Report|RevenueOur revenue rose16 percent in fiscal 2007,fueledby 231 net new store openings(includ

3、ing 145acquired stores)and a comparable store salesgain of 5.0 percent.To our shareholders Best Buy has an unequivocal belief that relationshipsbetween energized employees and satisfied customerspower sustained profits and growth.Indeed,buildingand nurturing these relationships allowed us to achieve

4、our goals in fiscal 2007.Moreover,the careful cultivationof these relationships in the years ahead will enable usto capitalize on what we see as a world of opportunity.The company reported earnings of$1.4 billion in the 53-week period,an increase of 21percent comparedwith earnings of$1.1 billion in

5、fiscal 2006.Earnings perdiluted share rose to$2.79,up 23 percent from$2.27for the prior year.These results were driven by a 16-percent increase in revenue,to$35.9 billion for the fiscalyear.Our revenue growth was aided by the addition of231net new stores since the prior year,including theacquisition

6、s of two other businesses,and a 5.0-percentcomparable store sales gain.As we look at the numbers,we see that a significantportion of our results came from initiatives begun in thepast five years.Notable examples include smaller storesizes,our dual branding strategy in Canada,ourMagnolia Home Theater