5 unchanged sentences
Our Disclosure Committee meets on a quarterly basis and more often if necessary.
−Removed: Our management, including our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act), as of January 28, 2023.
−Removed: Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of January 28, 2023, our disclosure controls and procedures were effective.
−Removed: Management's Report on Internal Control Over Financial Reporting
+Added: Our management, including our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act), as of February 3, 2024.
+Added: Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of February 3, 2024, our disclosure controls and procedures were effective.
+Added: Management's Report on Internal Control Over Financial Reporting
Management’s report on our internal control over financial reporting is included in Item 8, Financial Statements and Supplementary Data , of this Annual Report on Form 10-K.
2 unchanged sentences
Changes in Internal Control Over Financial Reporting
−Removed: There were no changes in internal control over financial reporting during the fiscal fourth quarter ended January 28, 2023, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: There were no changes in internal control over financial reporting during the fiscal fourth quarter ended February 3, 2024, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Other Information.
+Added: Rule 10b5-1 Plan Elections
+Added: Set forth below are developments regarding trading plan arrangements among our directors and officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) for the quarter ended February 3, 2024.
+Added: On December 6, 2023 , Jason Bonfig , the Company’s Senior Executive Vice President of Customer Offerings and Fulfillment , entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) under the Exchange Act, providing for the potential sale of up to 28,500 shares of our common stock through February 28, 2025 .
+Added: Other Information
There was no information required to be disclosed in a Current Report on Form 8-K during the fourth quarter of the fiscal year covered by this Annual Report on Form 10-K that was not reported.
2 unchanged sentences
Directors, Executive Officers and Corporate Governance.
−Removed: The information required by this Item is incorporated by reference to the applicable information in the Company’s Proxy Statement for the 2023 Regular Meeting of Shareholders (the “2023 Proxy Statement”), which is expected to be filed with the SEC on or before May 26, 2023.
+Added: The information required by this Item is incorporated by reference to the applicable information in the Company’s Proxy Statement for the 2024 Regular Meeting of Shareholders (the “2024 Proxy Statement”), which is expected to be filed with the SEC on or before June 2, 2024.
Code of Ethics
31 unchanged sentences
Form of 1.950% Notes due 2030 (included in Exhibit 4.4)
−Removed: Five-Year Credit Agreement dated as of May 18, 2021, among Best Buy Co., Inc., the Subsidiary Guarantors, the Lenders and JPMorgan Chase Bank, N.A., as administrative agent
+Added: Description of Securities
+Added: Five-Year Credit Agreement dated as of April 12, 2023, among Best Buy Co., Inc., the Subsidiary Guarantors, the Lenders and JPMorgan Chase Bank, N.A., as administrative agent
Best Buy Co., Inc.
64 unchanged sentences
Long-Term Incentive Program Award Agreement (2022) – Directors
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Program Award Agreement (2023) – Restricted Shares
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Program Award Agreement (2023) – Restricted Stock Units
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Program Award Agreement (2023) - Directors
+Added: Policy Regarding Shareholder Ratification of Executive Officer Cash Severance Agreements
Subsidiaries of the Registrant
6 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
+Added: Policy Regarding the Recoupment of Erroneously Awarded Compensation
The following financial information from our Annual Report on Form 10-K for fiscal 2024, filed with the SEC on March 15, 2024, formatted in Inline Extensible Business Reporting Language (iXBRL):
−Removed: (i) the consolidated balance sheets at January 28, 2023, and January 29, 2022, (ii) the consolidated statements of earnings for the years ended January 28, 2023, January 29, 2022, and January 30, 2021, (iii) the consolidated statements of comprehensive income for the years ended January 28, 2023, January 29, 2022, and January 30, 2021, (iv) the consolidated statements of cash flows for the years ended January 28, 2023, January 29, 2022, and January 30, 2021, (v) the consolidated statements of changes in shareholders'
−Removed: equity for the years ended January 28, 2023, January 29, 2022, and January 30, 2021, and (vi) the Notes to Consolidated Financial Statements.
+Added: (i) the consolidated balance sheets at February 3, 2024, and January 28, 2023, (ii) the consolidated statements of earnings for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (iii) the consolidated statements of comprehensive income for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (iv) the consolidated statements of cash flows for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (v) the consolidated statements of changes in shareholders' equity for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, and (vi) the Notes to Consolidated Financial Statements.
The cover page from our Annual Report on Form 10-K for fiscal 2024, filed with the SEC on March 15, 2024, formatted in iXBRL (included as Exhibit 101).
15 unchanged sentences
/s/ Matthew Bilunas
+Added: Senior Executive Vice President of Enterprise Strategy,
Chief Financial Officer
13 unchanged sentences
March 15, 2024
−Removed: /s/ Thomas L.
March 15, 2024
5 unchanged sentences
March 15, 2024
+Added: March 15, 2024
+Added: /s/ Melinda D.
+Added: March 15, 2024
/s/ Eugene A.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.