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JB Hi-Fi Limited (ASX:JBH)

ALERT: Price-sensitive ASX Announcement for JBH
Current share price for JBH : $69.120 -44.4 (-39.11%)+
Announcement
Release
30 Oct 2025 8:27AM
Price at Release
$113.520
Full Release
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Summary
The 2025 AGM presentation for JB Hi-Fi Limited highlighted significant growth and strategic plans for the fiscal year 2026. Statutory results showed a 9.4% increase in EBIT, reaching $707.8 million, and a 5.4% rise in NPAT to $462.4 million. The company focused on expanding its brand reach with new store openings in New Zealand and Australia, while closing and relocating some stores in Australia and for The Good Guys. The strategic focus areas for FY26 include retail execution, enhancing multichannel capabilities, expanding brand reach, and optimizing the supply chain. Sales updates for Q1 FY26 showed positive growth across all regions, aligning with company expectations. The company emphasized its commitment to customer service, operational efficiency, and maintaining its status as a leading retailer through innovation and adaptation.
Key Points
  • Statutory EBIT increased by 9.4% to $707.8 million.
  • NPAT rose by 5.4% to $462.4 million.
  • The Good Guys faced a one-off $13.7 million expense related to ACCC proceedings.
  • JB Hi-Fi New Zealand will open three new stores in FY26.
  • Five new JB Hi-Fi Australia stores planned, with one closure.
  • The Good Guys will undergo two major store relocations.
  • Key focus areas include retail execution, multichannel expansion, brand reach, and supply chain optimization.
  • Q1 FY26 sales updates indicate positive growth across regions.
  • Commitment to offering value and exceptional customer service remains strong.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.