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
80,258 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

LG G4 review: Great price and camera but misses the mark in other areas

IDG UK Sites

Why Scottish Tablet is better than the iPad mini

IDG UK Sites

How to develop for Microsoft's HoloLens

IDG UK Sites

Apple MacBook 1.1 GHz review (Retina, 12-inch, Early 2015): The future of Apple laptops