We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

JB Hi-Fi ups guidance on strong sales

Electronics retailer, JB Hi-Fi, expects net profit after tax to be between $112 million and $116 million, a 7 per cent to 11 per cent rise over last year, driven by stronger than expected sales in the second half of FY13.

The electronics maker's earlier guidance was NPAT between $108 million and $112 million.

It has also revised its sales guidance slightly upwards to $3.3 billion from an earlier forecast of about $3.25 billion.

Its comparable store sales growth was down slightly at 1.3 per cent. Overall sales for the 10 months ending April 30 were up by 4.9 per cent.

JB Hi-Fi opened 13 new stores in FY13, all in Australia. As of June 2013, it had 177 stores, out of which 164 were in Australia and rest in New Zealand.


IDG UK Sites

Best Christmas 2014 UK tech deals, Boxing Day 2014 UK tech deals & January sales 2015 UK tech...

IDG UK Sites

Chromebooks: ready for the prime time (but not for everybody)

IDG UK Sites

Hands-on with Sony's latest smartglasses

IDG UK Sites

Apple TV expert tips: get US Apple TV content, watch Google Play, use multiple Apple IDs and more