Best Buy 2002 Annual Report Download - page 18

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Company Snapshot
16 Company Snapshot
199
7
1998 1999 2000 2001 2002
Stock Price Performance
Our stock price has dramatically outperformed the
S&P 500 and an index of our peers, including retailers
such as Circuit City, Radio Shack and Home Depot.
The Wall Street Journal ranked our stock No.1 in total
return to shareholders over the last five years.
1998 1999 2000 2001 2002
Gross Profit Percentage
Our 2002 gross profit percentage improvement reflects
our Musicland acquisition, a richer product mix, fewer
markdowns and lower consumer financing costs.
1998 1999 2000 2001 2002
Revenues (in millions)
We have grown revenues by an average rate of
20 percent per year through new stores, sales
increases at existing stores and acquisitions.
1998 1999 2000 2001 2002
Operating Income Percentage
Our operating income rate has increased by 2.8 percent
of sales, reflecting improvements in our gross margin.
2.0%
3.5%
4.3%
3.9%
4.8%
15.
7
%
18.0 % 19.2 % 20.0%
22.6%
$8,338
$10,065
$12,494
$15,32
7
$19,59
7
100
644
2,005 2,0
7
6
1,
7
34
2,942
166 295 365 286 341
135 162 181 166 150
Best Buy
Musicland
International
Best Buy
Peer Group
S&P 500