Best Buy (BBY): what its 10-K says it depends on

Suppliers

Apple

depends on · approximately 55% of total merchandise purchasednamed as a risk

In fiscal 2026, our 20 largest suppliers accounted for approximately 80% of the merchandise we purchased, with five suppliers – Apple, Samsung, HP, LG and Sony – representing approximately 55% of total merchandise purchased.Risk factors (Item 1A)

Also named by ABNB, AMKR, BKNG, CDW, GLW, INTC, META, NYT and 5 more

Samsung

depends on · approximately 55% of total merchandise purchasednamed as a risk

In fiscal 2026, our 20 largest suppliers accounted for approximately 80% of the merchandise we purchased, with five suppliers – Apple, Samsung, HP, LG and Sony – representing approximately 55% of total merchandise purchased.Risk factors (Item 1A)

Also named by INTC, LII, RMBS, TSLA

Sony

depends on · approximately 55% of total merchandise purchasednamed as a risk

In fiscal 2026, our 20 largest suppliers accounted for approximately 80% of the merchandise we purchased, with five suppliers – Apple, Samsung, HP, LG and Sony – representing approximately 55% of total merchandise purchased.Risk factors (Item 1A)

Also named by AMD, IDCC, TTWO

HP

depends on · approximately 55% of total merchandise purchasednamed as a risk

In fiscal 2026, our 20 largest suppliers accounted for approximately 80% of the merchandise we purchased, with five suppliers – Apple, Samsung, HP, LG and Sony – representing approximately 55% of total merchandise purchased.Risk factors (Item 1A)

LG

depends on · approximately 55% of total merchandise purchasednamed as a risk

In fiscal 2026, our 20 largest suppliers accounted for approximately 80% of the merchandise we purchased, with five suppliers – Apple, Samsung, HP, LG and Sony – representing approximately 55% of total merchandise purchased.Risk factors (Item 1A)

Small parcel delivery carriers

depends onnamed as a risk

These risks are compounded for small parcel home deliveries, as we are dependent on a relatively small number of carriers with the scope and capacity required by our business.Risk factors (Item 1A)

Partners and platforms

Best Buy branded credit card bank partners

earns from · Approximately 25% of our fiscal 2026 Domestic segment revenuenamed as a risk

Approximately 25% of our fiscal 2026 Domestic segment revenue was transacted using one of the company’s branded cards.Risk factors (Item 1A)

Best Buy credit card profit-sharing arrangement

earns from · approximated 1.2% of Domestic segment revenuenamed as a risk

Profit-sharing revenue from our credit card arrangement approximated 1.2% of Domestic segment revenue in fiscal 2026.Risk factors (Item 1A)

Mobile network carriers

depends onnamed as a risk

We are also dependent on a small number of mobile carriers to allow us to offer mobile devices with carrier connections.Risk factors (Item 1A)

Places

Canada

earns from · approximately 8% of our consolidated revenuenamed as a risk

During fiscal 2026, our International segment generated approximately 8% of our consolidated revenue.Risk factors (Item 1A)

Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BF/B, BR and 97 more

China

depends onnamed as a risk

Most of our exclusive brand products are manufactured by contract manufacturers in China, Mexico and Southeast Asia, which may limit our ability to do the following:Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Mexico

depends onnamed as a risk

Most of our exclusive brand products are manufactured by contract manufacturers in China, Mexico and Southeast Asia, which may limit our ability to do the following:Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Taiwan

depends onnamed as a risk

For example, any further deterioration of relations between Taiwan and China, the resulting actions taken, the response of the international community and other factors affecting trade with China or political or economic conditions in Taiwan could disrupt the manufacturing and distribution of products or hardware components in the region, such as semiconductors and television panels sourced from Taiwan or the broader array of products sourced from China.Risk factors (Item 1A)

Also named by AAOI, AAPL, AB, ADI, AEHR, ALAB, AMAT, AMD and 50 more

California

concentrated innamed as a risk

The frequency and severity of natural disasters or extreme weather events (such as storms, blizzards, extreme temperatures, earthquakes, hurricanes, floods, fires and droughts) are increasing in many of our key markets, particularly in our three largest states by total sales (California, Texas and Florida).Risk factors (Item 1A)

Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more

Texas

concentrated innamed as a risk

The frequency and severity of natural disasters or extreme weather events (such as storms, blizzards, extreme temperatures, earthquakes, hurricanes, floods, fires and droughts) are increasing in many of our key markets, particularly in our three largest states by total sales (California, Texas and Florida).Risk factors (Item 1A)

Also named by ABR, AFRM, ALLY, AN, ASO, ASTS, ATO, AXP and 70 more

Florida

concentrated innamed as a risk

The frequency and severity of natural disasters or extreme weather events (such as storms, blizzards, extreme temperatures, earthquakes, hurricanes, floods, fires and droughts) are increasing in many of our key markets, particularly in our three largest states by total sales (California, Texas and Florida).Risk factors (Item 1A)

Also named by ABR, ALLY, AN, AXP, AZO, BJ, BRO, CELH and 54 more

Red Sea

depends onnamed as a risk

Furthermore, these conflicts or other international policies and efforts may impact, or continue to impact, our critical international trade routes, such as the Panama Canal, the Red Sea and the Suez Canal.Risk factors (Item 1A)

Also named by DDS, DLTR, EQIX, PVH, SGI, SHW, TJX

Strait of Hormuz

named as a risk

Additionally, conflict in the Middle East, and the resulting disruption of transit through the Persian Gulf and the Strait of Hormuz, continues to disrupt global supply chain flows and impact fuel prices.Risk factors (Item 1A)

Also named by CSW, DDS, DKS, LRCX, NXT, WSM

Panama Canal

depends onnamed as a risk

Furthermore, these conflicts or other international policies and efforts may impact, or continue to impact, our critical international trade routes, such as the Panama Canal, the Red Sea and the Suez Canal.Risk factors (Item 1A)

Also named by DLTR, LNG, WSM

Southeast Asia

depends onnamed as a risk

Most of our exclusive brand products are manufactured by contract manufacturers in China, Mexico and Southeast Asia, which may limit our ability to do the following:Risk factors (Item 1A)

Also named by DECK, TJX

Suez Canal

depends onnamed as a risk

Furthermore, these conflicts or other international policies and efforts may impact, or continue to impact, our critical international trade routes, such as the Panama Canal, the Red Sea and the Suez Canal.Risk factors (Item 1A)

Also named by DORM, WSM

Hazards

Hurricanes

concentrated innamed as a risk

The frequency and severity of natural disasters or extreme weather events (such as storms, blizzards, extreme temperatures, earthquakes, hurricanes, floods, fires and droughts) are increasing in many of our key markets, particularly in our three largest states by total sales (California, Texas and Florida).Risk factors (Item 1A)

Also named by AIG, AN, ASO, BAC, BJ, BPOP, BRO, CAVA and 89 more

Commodities and inputs

Canadian dollar

exposed to its price · approximately $16 millionnamed as a risk

We estimate that the foreign currency exchange rate fluctuations had an unfavorable impact on our revenue of approximately $16 million in fiscal 2026.Market risk (Item 7A)

Also named by ABBV, ADBE, AMG, AYI, BWXT, CBRE, CDRE, CDW and 67 more

Rare earth elements

depends onnamed as a risk

Should China reinstate its export ban on rare earth elements or take other actions that restrict U.S. supply of these minerals, it would impact both the consumer electronics we sell and our business’s underlying technological infrastructure.Risk factors (Item 1A)

Also named by GM, ISRG, KLAC, LRCX, MCHP, MU, RTX, VRT

Memory components

exposed to its pricenamed as a risk

Globally, the cost and availability of memory components have been, and may continue to be, affected by industry-wide supply constraints.Risk factors (Item 1A)

Also named by CSCO, LBTYA, MCHP, NTAP, PANW

Regulators

National Labor Relations Board

subject tonamed as a risk

the challenges of ensuring compliance with applicable labor and employment laws, including: laws governing the organization of unions and related rules that affect the nature of labor relations, which are frequently modified by the National Labor Relations Board; laws that impact the relationship between the company and independent contractors and the classification of employees and independent contractors; laws regarding non-discrimination and related issues; and wage and hour laws, such as minimum wage, sick time scheduling, paid leave and non-compete covenants;Risk factors (Item 1A)

Also named by AZO, BBW, DKS, FDX, FDXF, ODFL, QSR, RRGB and 3 more

Laws and programs

U.S. tariffs

subject tonamed as a risk

Consequently, our financial results are highly sensitive to changes in trade policies, tariffs and cross-border logistics.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

California Consumer Privacy Act (CCPA)

subject tonamed as a risk

We could be subject to heightened regulatory investigations, penalties and fines if a cybersecurity event or privacy violation is related to data or sensitive personal information that is regulated by laws such as, for example, the Health Insurance Portability and Accountability Act (HIPAA), the Personal Information Protection and Electronic Documents Act (PIPEDA), or the California Consumer Privacy Act (CCPA).Risk factors (Item 1A)

Also named by AAP, AIOT, AKAM, ALL, APP, AYI, BAC, BBSI and 69 more

Health Insurance Portability and Accountability Act (HIPAA)

subject tonamed as a risk

We could be subject to heightened regulatory investigations, penalties and fines if a cybersecurity event or privacy violation is related to data or sensitive personal information that is regulated by laws such as, for example, the Health Insurance Portability and Accountability Act (HIPAA), the Personal Information Protection and Electronic Documents Act (PIPEDA), or the California Consumer Privacy Act (CCPA).Risk factors (Item 1A)

Also named by ADI, BR, BWIN, CART, CTSH, DGX, IQV, KR and 8 more

Personal Information Protection and Electronic Documents Act (PIPEDA)

subject tonamed as a risk

We could be subject to heightened regulatory investigations, penalties and fines if a cybersecurity event or privacy violation is related to data or sensitive personal information that is regulated by laws such as, for example, the Health Insurance Portability and Accountability Act (HIPAA), the Personal Information Protection and Electronic Documents Act (PIPEDA), or the California Consumer Privacy Act (CCPA).Risk factors (Item 1A)

Payment Card Industry Data Security Standards

subject to

Certain specific, defined components of our technology environment are assessed by third-party auditors with a view to align with industry standards such as, for example, the Payment Card Industry Data Security Standards.Cybersecurity (Item 1C)

Also named by CAVA, DG, DLTR, FND, HD, JKHY, KR, LUV and 2 more