Best Buy 2002 Annual Report Download - page 35

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Best Buy Co., Inc. 33
Forward-Looking Statements
Section 2
7
A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934,
as amended, provide a “safe harbor” for forward-looking
statements to encourage companies to provide prospective
information about their companies. With the exception of
historical information, the matters discussed in this annual
report are forward-looking statements and may be identified
by the use of words such as “believe,”“expect,”
“anticipate,”“plan,”“estimate,”“intend” and “potential.”
Such statements reflect our current view with respect to future
events and are subject to certain risks, uncertainties and
assumptions. A variety of factors could cause our actual
results to differ materially from the anticipated results
expressed in such forward-looking statements, including,
among other things, general economic conditions,
acquisitions and development of new businesses, product
availability, sales volumes, profit margins, weather, foreign
currency fluctuation, availability of suitable real estate
locations, and the impact of labor markets and new
product introductions on our overall profitability. Readers
should review our Current Report on Form 8-K filed May
16, 2001, which describes additional important factors
that could cause actual results to differ materially from
those contemplated by the forward-looking statements
made in this annual report.
Common Stock Prices
Quarter 1st 2nd 3rd 4th
Fiscal 2002
High $41.5
7
$46.60 $48.00 $51.4
7
Low 22.42 35.45 26.68 43.43
Fiscal 2001
High $59.25 $53.
7
9 $49.42 $34.00
Low 31.50 38.33 20.33 14.00
Our common stock is traded on the New York Stock Exchange under the ticker symbol BBY. As of March 28, 2002,
there were 2,013 holders of record of Best Buy common stock. We have not historically paid, and have no current plans
to pay, cash dividends on our common stock. The stock prices above have been restated to reflect a three-for-two stock
split, effective on May 10, 2002.