• Group sales up 10.0% to $10.55 billion
• EBIT up 7.3% to $694.1 million, NPAT up 5.4% to $462.4 million
• Declares final dividend of 105 cps and special dividend of 100 cps

JB Hi-Fi Limited ('Group') today reports for the 12 months ending 30 June 2025 ('FY25'), total sales of $10.55 billion, up 10.0%, earnings before interest and tax (EBIT) was up 7.3% to $694.1 million, net profit after tax (NPAT) was up 5.4% to $462.4 million and earnings per share (EPS) was up 5.4% to 423.0 cps. On an Underlying basis, excluding a one-off $13.7 million expense in FY25 relating to the resolution of the ACCC proceedings against The Good Guys, EBIT was up 9.4% to $707.8 million, NPAT was up 8.5% to $476.1 million and EPS was up 8.5% to 435.5 cps. The Board has today declared a final dividend of 105 cents per share (cps) fully franked, up 2 cps or 1.9%, bringing the total ordinary dividend to 275 cps, up 14 cps or 5.4% and representing 65% of NPAT. The Board have also declared a special dividend of 100 cps fully franked. The Board have reviewed the Group's capital structure and today announce that, from FY26, it will increase the dividend payout ratio from 65% to a range of 70-80% of NPAT. The Group is committed to having a positive impact on its people, its community and its environment, and has made progress in key areas such as increasing renewable energy usage, investing in leadership development, and recycling e-waste.

The Group provides a July 2025 sales update, with total sales growth for JB HI-FI Australia at 6.1%, JB HI-FI New Zealand at 38.1%, The Good Guys at 4.2%, and e&s at 1.0%. The CEO notes the positive momentum continuing in July supported by new product launches and an improved stock position, while acknowledging the retail market remains uncertain.