-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VzcV9EEV/fiOVM7RKIVm0eos1a2XAywBlRj8YGDgYOGHIVRktBO75NcbEbmTs3cg fKSJ7VFXE1vCqwf3g8Yxig== 0001104659-05-013822.txt : 20060417 0001104659-05-013822.hdr.sgml : 20060417 20050330163203 ACCESSION NUMBER: 0001104659-05-013822 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0301 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 CORRESP 1 filename1.htm

[Best Buy Logo]

 

Mr. Robert Burnett

January 10, 2005

Staff Accountant

 

Securities and Exchange Commission

 

450 Fifth Street, N.W.

 

Washington, D.C. 20549

 

 

Re:                               Best Buy Co., Inc.

Item 4.01 Form 8-K, filed December 30, 2004

File No. 1-9595

 

Dear Mr. Burnett:

 

We received your comment letter dated January 6, 2005 regarding our Current Report on Form 8-K, filed December 30, 2004 (Form 8-K).  As indicated in the Form 8-K, Ernst & Young LLP (E&Y) will be dismissed as our independent auditor effective at the conclusion of the audit for our current fiscal year ending February 26, 2005.  The conclusion date of E&Y’s audit is not known at this time.  Within four business days after such date, we will amend the Form 8-K to disclose the date E&Y ceased being our principal accountant, to reiterate that there were no disagreements through December 29, 2004, and to state that there were still no disagreements through the last date of E&Y’s engagement, if true.  We will also request a letter from E&Y confirming that they agree with the disclosure contained in the amendment and, if received as we would expect, will include such letter as an exhibit to the amendment.

 

We hereby acknowledge our responsibility for the adequacy and accuracy of the disclosures in the Form 8-K, including any amendments thereto.  We further acknowledge that comments to the Form 8-K, including to any amendments thereto, provided by the U.S. Securities and Exchange Commission (Commission), or our changes to disclosure therein in response to Commission comments, do not foreclose the Commission from taking any action with respect to the Form 8-K, and we may not assert the Commission’s comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

 

We appreciate your responsiveness and attention to these matters.  We will contact you on Tuesday, January 11, 2005, to confirm your receipt of this letter and to determine whether you have any further comments.

 

Yours very truly,

 

BEST BUY CO., INC.

 

/s/ Bruce H. Besanko

 

Bruce H. Besanko

Vice President — Finance

 

Best Buy Corporate Campus • 7601 Penn Avenue South Richfield, MN, USA 55423-3645 • (612) 291-1000 • NYSE symbol: BBY

 

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