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Best Buy Letter To Shareholders

348 Words2 Pages
Best Buy Letter to Shareholders

In the letter to Shareholders for the 2016 Fiscal year, Best Buy CEO Hubert Joly is pleased with the direction of the company as they are in the fourth year of what he calls a transformation. Joly goes on to explain how he the company made progress towards their goals at the beginning of the year and returned $1.5 billion of cash to the shareholders. One of the main focuses of the company in 2016 was to reach the customer wherever and however they desired, this strategy is making the customer feel appreciated and giving Best Buy ample opportunities to close their profits, ranging from Brick and Mortar stores to online sales. Staying on the topic of customers, Joly writes about how happy he is with the direction
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