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DVDINSIDER: Best Buy Reports Record Revenues

DVD News, March, 2001

DVD News 03-09-2001 DVDINSIDER: Best Buy Reports Record Revenues DVD NEWS-9 March 2001-DVDINSIDER: Best Buy Reports Record Revenues (C)1999-2001 DVD News. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com).

Best Buy has reported record sales for the Company's fiscal 2001 fourth quarter and fiscal 2001 year, ended March 3, 2001. Total Company sales, which include sales from the Musicland Group and Magnolia Hi-Fi since the acquisition dates of those businesses in the fourth quarter, rose 26 percent to $5.45 billion in the quarter compared with $4.31 billion in last year's fourth quarter. For the full fiscal year, total Company sales were $15.32 billion, an increase of 23 percent over the $12.49 billion in sales during the prior fiscal...

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