Richard Schulze Quotations

The facilities no longer fulfill the expectations and requirements of our guests. Today's travelers have more choices and alternatives which include new state-of-the-art accommodations.

His philosophy is he learned a lot through trial and error, and if any of that could be reduced in an academic setting, it would have accelerated his ability to move forward.

We continue to be pretty bullish about the trend this holiday season. I didn't see any shopping mall specialty stores that had the kind of traffic we did, ... It's certainly a testament to what the brand stands for.

The good news is the mix of merchandise continues to shift to more profitable product, and what we're realizing is richer gross margins.

Brad's insights have been invaluable to me over the past 29 years. He has proven that he has both the vision and the leadership to propel the company forward into a new decade of growth,

Best Buy's goal is to be a consistent top-quartile performer among all retailers, ... I am pleased that we are on track to deliver at that level yet again in the current fiscal year. We intend to build on the current year's success with another strong performance in fiscal 2003.

These acquisitions will enable Best Buy to deliver the digital economy to more consumers and will substantiate our presence as the pre-eminent technology and entertainment player in the world,

If you're going to succeed in growing market share, you need to have the product on the shelf, ... Our strategy is to be in stock and provide real value for consumers. The last thing we want to do is pass up an opportunity  to take advantage of a trend we see taking place in our stores.

In view of the challenging economic environment, our ability to report record profits and exceed earnings estimates is particularly gratifying,

The combination of stronger-than-expected consumer interest, a more profitable sales mix and tight controls on spending drove our earnings well-above expectations,