JB

Retail Asia06/11/2019

Electronics retailer JB Hi-Fi has seen shares jump 8.3 percent following a strong first-quarter showing, with total group sales growth of 4.7 percent and comparable sales growth of 3.7 percent. However, the business’ New Zealand arm didn’t reach the highs of first quarter FY19, with total and comparable sales growth of 3.8 percent compared to […]

Retail Asia23/08/2019

JB Hi-Fi has seen record profit and sales for the 2019 financial year, leveraging strong communications, fitness and games hardware sales to deliver growth across all channels of the business. Net profit for the year grew 7.1 percent to $249.8 million, compared to the $233.2 million seen last year, while total group sales grew 3.5 […]

Retail Asia31/10/2017

JB Hi-Fi has recorded significantly lower sales on the prior corresponding period (pcp) in the first weeks of FY18 trading, outlining an expectation that the market will remain competitive heading into the Christmas trading period. In a trading update delivered at its Annual General Meeting on Thursday, JB Hi-Fi advised that year-to-date sales growth to […]

Retail Asia07/02/2015

Shares in JB Hi-Fi have risen more than 3 percent after the Australian consumer electronics retailer reported a 1.9 percent fall in first-half net profit to AUD88.5 million (USD68.8m) and confirmed flat earnings for the full year. Chief executive Richard Murray reaffirmed guidance for full-year sales of AUD3.6 billion after the retailer posted stronger sales […]

Tag: JB

JB Hi-Fi New Zealand falters while group grows

JB Hi-Fi reports record profits, sales in FY19

JB Hi-Fi sales slow as New Zealand turnaround begins

JB Hi-Fi expects flat year as first-half profit dips