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JB Hi-Fi Posts FY Net Profit Attributable Of $302.3 Mln, Up 21%
JB Hi-Fi Announces Temporary Closure Of Metropolitan Melbourne Stores
JB Hi-Fi Ltd Sees FY Total Sales To Be Circa $7.86 Bln
JB Hi-Fi Ltd is an Australia-based company engaged in retailing of home consumer products. The Company offers a range of brands with a focus on consumer electronics, software, including music, games and movies, whitegoods and appliances. Its segments include JB Hi-Fi Australia (JB Aust), JB Hi-Fi New Zealand (JBNZ) and The Good Guys (TGG). It sells various products, such as consumer electronics, including televisions, audio equipment, computers and cameras; telecommunications products and services; cooking products, heating and cooling products, small appliances and kitchen accessories; software, including compact discs (CDs), digital video discs (DVDs), Blu-ray discs and games and musical instruments. It also provides information technology and consulting services. It sells primarily from its branded retail store networks, such as JB Hi-Fi/JB Hi-Fi Home stores in Australia and New Zealand and The Good Guys stores in Australia and online operations.
Podium Level, 60 City Rd
Stephen T. Goddard
Non-Executive Independent Chairman of the Board
Group Chief Executive Officer, Executive Director
Group Chief Financial Officer
Managing Director - JB Hi-Fi business
Group Human Resources Director
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Australia's No. 1 electronics retailer JB Hi-Fi Ltd on Thursday forecast annual profit to rise 20-22%, supported by a jump in sales at its domestic stores through the coronavirus pandemic.
Australia's JB Hi-Fi Ltd issued fresh annual financial forecast that was higher than its previously withdrawn guidance, as the electronics retailer saw a jump in sales at its domestic stores through the coronavirus pandemic.
* SEEN STRONG SALES GROWTH IN AUSTRALIA CONTINUE INTO APRIL & EARLY MAY
* PROVIDES AN UPDATE ON IMPACT OF COVID-19 ON ITS JB HI-FI NEW ZEALAND BUSINESS
* WITHDRAWS PREVIOUSLY ANNOUNCED FY20 SALES & EARNINGS GUIDANCE Source text for Eikon: Further company coverage:
Australian electronics retailer JB Hi-Fi Ltd bucked broader gloomy sales conditions to report a higher first-half profit on Monday and raised its annual earnings forecast, sending shares to a record high.
* Result defies Australian retail downturn (Recasts with shares reaction, adds analyst quote)
Electronics retailer JB Hi-Fi Ltd reported an 7% increase in annual underlying profit on Monday, with growth largely driven by communication, audio and fitness categories.
Sweden's financial watchdog said allegations in a media report linking Swedbank to a Baltic money laundering scandal, involving Danske Bank were "very serious" as shares in the Swedish bank tumbled on Thursday.
The Swedish financial authority FI said on Thursday the allegations made in a media report linking Swedbank to a regional money laundering scandal involving Danske Bank were "very serious" and would be included in its ongoing supervisory activities.
* Shares hit six-week high (Adds market reaction, analyst quote and background)
Australian electronics retailer JB Hi-Fi Ltd on Monday reported a 5.5 percent rise in half-yearly profit, helped by strong performances at both its Australia and New Zealand businesses.
Australian electronics retailer JB Hi-Fi Ltd on Monday said annual underlying profit rose 12.3 percent, beating expectations, as it took into account a full year's contribution from its home appliances business
Australian electronics retailer JB Hi-Fi Ltd on Monday said annual underlying profit rose 12.3 percent, beating expectation.
* IN FY18 COMPANY NOW EXPECTS TOTAL GROUP NPAT TO BE CIRCA $230 MILLION
* Says it plans to use undistributed profit to pay cash dividends of T$6.6 per share to shareholders for 2017
* BOARD HAS RECOMMENDED A FINAL DIVIDEND OF HK2.0 CENTS PER SHARE
* JB Hi-Fi H1 underlying net profit at record high of A$151.7 mln
* IN FY18, CO EXPECTS TOTAL GROUP SALES TO BE ABOUT $6.85 BILLION
Australian electronics retailer JB Hi-Fi Ltd said half-yearly net profit rose 37 percent as the firm successfully protected its turf in an intensifying online retailing war in its key market.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.