• Group sales up 10% to $10.55 billion, with EBIT up 7.3% to $694.1 million
• Increased dividend payout ratio from 65% to 70-80% of NPAT from FY26
• Group CEO Terry Smart to retire, succeeded by COO Nick Wells

JB Hi-Fi Limited has reported its FY25 results, with total sales up 10% to $10.55 billion and EBIT up 7.3% to $694.1 million. The Group's key brands, JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys, all delivered strong sales and earnings growth. JB Hi-Fi Australia saw sales increase 7.5% to $7.10 billion, with EBIT up 8.0% to $530.3 million. JB Hi-Fi New Zealand sales were up 20.8% to NZD396.3 million, with EBIT improving to negative NZD0.2 million. The Good Guys delivered a 6.9% increase in sales to $2.87 billion, with underlying EBIT up 9.7% to $173.5 million.In addition to the FY25 results, the Board has declared a special dividend of 100 cps fully franked, or $109.3 million, and together with the final dividend, will distribute $224 million to shareholders. The Board has also announced an increase to the dividend payout ratio from 65% to a range of 70-80% of NPAT from FY26.The Group also announced that Group Chief Executive Officer, Terry Smart, will retire from the Group on 3 October 2025 and be succeeded by current Group Chief Operating Officer, Nick Wells.

The Group has not provided any high-importance, price-sensitive forward-looking financial metrics.