JB Hi-Fi Posts Sales Growth Across All Segments in Fiscal Q1; Shares Up 3%

MT Newswires Live

2024/10/31

JB Hi-Fi (ASX:JBH) reported sales growth across its three segments in the first quarter ended Sept. 30 of the fiscal year 2025, according to a Thursday filing with the Australian bourse.

Total sales for JB Hi-Fi Australia grew 4.9% with comparable sales growth of 5%, the filing stated. Total sales growth for JB Hi-Fi New Zealand was nearly 20% with comparable sales growth of 2.7%.

The Good Guys reported sales growth of 5.3% with comparable sales growth of 5%.

The home consumer products retailer's shares were up more than 3% in recent Thursday trade.

Price (AUD): $80.59, Change: $+2.68, Percent Change: +3.44%

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