Key Highlights

  • JB Hi-Fi (ASX:JBH) closed at A$73.24 on 23 October 2026, up 2.19% on the day and approximately 36% lower over a year.
  • FY26 sales were a record $11.06 billion and NPAT was $489.9 million.
  • July 2026 total sales growth was negative 0.5% at JB Hi-Fi Australia.

JB Hi-Fi Ltd (ASX:JBH) closed at A$73.24 on 23 October 2026, up 2.19% (A$1.57) on the day, but the shares are approximately 36% lower than a year ago. JB Hi-Fi is an Australian retailer of consumer electronics and appliances that also owns The Good Guys. Its latest results were released on 17 August 2026, and the day's move has not been linked to that release.

About JB Hi-Fi

The group comprises JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and the e&s commercial business, selling through stores and online.

Latest development: FY26 results and July trading (17 August 2026)

JB Hi-Fi reported record total sales of $11.06 billion, up 4.8%, EBIT of $734.4 million, up 5.8%, and NPAT of $489.9 million, up 6.0%. The total ordinary dividend was 337.0 cents per share, up 22.5%, and the payout range was raised to 70-80% of NPAT.

JB Hi-Fi Australia sales rose 4.4% to $7.42 billion with comparable sales up 3.2%, and The Good Guys sales rose 2.7% to $2.94 billion. The company said fourth-quarter growth was affected by supplier price rises and stock shortages in technology categories. For July 2026, total sales growth was negative 0.5% at JB Hi-Fi Australia (comparable sales negative 1.4%) and negative 1.7% at The Good Guys, while JB Hi-Fi New Zealand grew 20.9%.

Risks to weigh

The company noted trading variability, customers shifting spending to key promotional events, a softer home appliance market in the fourth quarter and a small EBIT loss at e&s. July sales were lower in Australia.

What lies ahead

Items to watch include trading around promotional events, further sales updates, New Zealand performance and the next dividend under the higher payout range.