Key highlights

  • JB Hi-Fi reported FY26 sales of $11.06 billion, up 4.8%, and NPAT of $489.9 million, up 6.0%, in its 17 August 2026 release.
  • EBIT was $734.4 million, up 5.8%, and the total ordinary Dividend was 337.0 cents, up 22.5%.
  • JB Hi-Fi New Zealand sales rose 26.0% to NZ$499.5 million.

On 21 October 2026, JB Hi-Fi Ltd (ASX:JBH) finished the session at $72.87, down 0.45%. The S&P/ASX 200 Consumer Discretionary [XDJ] ended at 3,741.90 (+0.34%, +12.50 points), the S&P/ASX 200 [XJO] at 8,831.30 (+0.16%) and the All Ordinaries at 8,956.60 (+0.14%) at 5:00 pm GMT+11. JB Hi-Fi is an Australian consumer electronics and appliances retailer operating JB Hi-Fi, The Good Guys and e&s.

What JB Hi-Fi does

JB Hi-Fi Limited sells consumer electronics, entertainment products and home appliances through JB Hi-Fi stores in Australia and New Zealand, The Good Guys appliance stores and the e&s commercial business.

FY26 results

In a company announcement dated 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% on statutory EBIT and 3.8% on underlying EBIT, and NPAT of $489.9 million, up 6.0% (2.9% on underlying). EPS was 448.1 cents. The final ordinary dividend was 127.0 cents, up 21.0%, bringing the total to 337.0 cents, up 22.5%, representing 75% of NPAT.

Segment performance

JB Hi-Fi Australia sales rose 4.4% to $7.42 billion, with comparable sales up 3.2% and online sales up 7.0% to $1.28 billion, 17.2% of sales. Growth categories included computers, mobile phones, fitness, small appliances and IT, though Q4 sales were affected by supplier price rises and stock shortages in technology categories. Gross Margin was 21.94%, CODB was 12.46% and EBIT was $547.3 million, up 3.2%. JB Hi-Fi New Zealand sales rose 26.0% to NZ$499.5 million, with comparable sales up 15.3%.

Sector context

Consumer discretionary companies depend on household spending, travel, leisure and housing activity, and they are tracked through the S&P/ASX 200 Consumer Discretionary index, which closed at 3,741.90, up 0.34%, on 21 October 2026 alongside a 0.16% rise in the S&P/ASX 200 to 8,831.30. Electronics and appliance retailers rely on product cycles, household spending and supplier pricing.

Risks and uncertainties

Q4 sales growth was affected by supplier price rises and stock shortages, margins were slightly lower, and the retail environment is described as uncertain with customers seeking value. Product release cycles, Supply chain, currency and household spending can affect results.

Catalysts to watch

Items to watch include trading updates, The Good Guys performance, New Zealand growth and supplier pricing.

Wrapping up

JB Hi-Fi’s 17 August 2026 release recorded higher sales, Earnings and dividends, with Q4 affected by supply and pricing. Trading updates will show how that develops.