Mathew Watson - Best Buy President

BBY Stock  MXN 1,837  31.73  1.70%   

President

Mr. Mathew Watson is Senior Vice President, Chief Accounting Officer, Controller of the Company. He previously served as our vice president, controller and chief accounting officer from April 2015 until his current role. Mr. Watson is responsible for our controllership, financial operations and external reporting functions. Mr. Watson has served in the role of vice president, finance controller since 2014. Prior to that role, he was vice president finance, domestic controller from 2013 to 2014. Mr. Watson was also senior director, external reporting and corporate accounting from 2010 to 2013 and director, external reporting and corporate accounting beginning in 2007. Prior to joining us in 2005, Mr. Watson worked at KPMG, a professional audit, advisory and tax firm, from 1995 to 2005. He serves on the boards of directors of AchieveMpls and The Best Buy Foundation. since 2017.
Age 52
Tenure 7 years
Phone612 291 1000
Webhttps://investors.bestbuy.com/investor-relations/o

Best Buy Management Efficiency

The company has return on total asset (ROA) of 0.0698 % which means that it generated a profit of $0.0698 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4264 %, meaning that it generated $0.4264 on every $100 dollars invested by stockholders. Best Buy's management efficiency ratios could be used to measure how well Best Buy manages its routine affairs as well as how well it operates its assets and liabilities.
Best Buy Co has accumulated 1.22 B in total debt with debt to equity ratio (D/E) of 120.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Best Buy has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Best Buy until it has trouble settling it off, either with new capital or with free cash flow. So, Best Buy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Best Buy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Best to invest in growth at high rates of return. When we think about Best Buy's use of debt, we should always consider it together with cash and equity.

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Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Specialty Retail classification in Mexico and is traded on Mexico Stock Exchange. It employs 125000 people. Best Buy Co (BBY) is traded on Mexican Exchange in Mexico and employs 57,750 people.

Management Performance

Best Buy Leadership Team

Elected by the shareholders, the Best Buy's board of directors comprises two types of representatives: Best Buy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Best. The board's role is to monitor Best Buy's management team and ensure that shareholders' interests are well served. Best Buy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Best Buy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd Hartman, Executive Vice President Chief Compliance Officer, Chief Risk Officer, General Counsel, Secretary
Corie Barry, CEO Director
Brian Tilzer, Analytics Digital
Kamy Scarlett, Chief Human Resource Officer
Matthew Bilunas, Ex CFO
Richard Schulze, Founder Emeritus
Mollie Obrien, Senior Director of Investor Relations
Mathew Watson, Chief Accounting Officer, Vice President - Finance, Controller, Principal Accounting Officer
Jason Bonfig, Ex Officer
Damien Harmon, Ex Omnichannel

Best Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Best Buy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Best Stock Analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.