Best Buy Co., Inc. An Industry Leader Transforming Its Business Banc of America Consumer Conference April 1, 2004

4/2/2004


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Table of Contents

Best Buy Co., Inc. An Industry Leader Transforming Its Business Banc of America Consumer Conference April 1, 2004

Allen Lenzmeier President & Chief Operating Officer

Four Key Points

Largest Consumer Electronics Retailer

Superior Performance

Positive Trends For Future?

Transforming Our Business

Our Strategic Priorities

Customer Centricity

Win The Home With Service

Win In Entertainment

Efficient Enterprise

Darren Jackson Executive Vice President and CFO

Revenue Drivers

Financial Highlights

Business Highlights

FY05 EPS Forecast: Up 15-20%

Our Goals

Keys to the Future

Driven by Values

Four Key Points

Author: Kathy Hengel