InvestSMART

JB Hi-Fi Limited (ASX:JBH)

ALERT: Price-sensitive ASX Announcement for JBH
Current share price for JBH : $70.860 -10.85 (-13.28%)+
Announcement
Release
17 Aug 2026 8:25AM
Price at Release
$81.710
Full Release
download
Summary
The 2026 Annual Report for JB Hi-Fi Limited highlights the company's financial performance for the year ended 30 June 2026. The company reported a revenue increase to $11,064 million from $10,554.8 million in the previous year, with a net profit after tax (NPAT) of $489.9 million. Earnings Before Interest and Taxes (EBIT) also grew to $734.4 million. The board declared an ordinary dividend of 337 cents per share. The report details the company's strategic focus on enhancing customer experience and operational efficiency. Key management changes included the retirement of Group CEO T. Smart and the appointment of N. Wells as the new CEO. The remuneration report outlines the compensation framework for executives, emphasizing performance-based incentives. The company's balance sheet showed total assets of $3,871.7 million and total equity of $1,643.3 million. The report also includes detailed notes on financial statements, asset management, shareholder information, and corporate governance practices.
Key Points
  • Revenue increased to $11,064 million in 2026.
  • Net profit after tax was $489.9 million, a rise from 2025.
  • Ordinary dividend declared at 337 cents per share.
  • Nick Wells appointed as new Group CEO.
  • Focus on customer experience and operational efficiency.
  • Total assets recorded at $3,871.7 million.
  • Total equity stood at $1,643.3 million.
  • Detailed remuneration report for Executive KMPs.
  • Strategic management of assets and liabilities.
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.