Company Announcement - 2026 Half Year Results
| Stock | JB Hi-Fi Ltd (JBH.ASX) |
|---|---|
| Release Time | 16 Feb 2026, 8:27 a.m. |
| Price Sensitive | Yes |
JB Hi-Fi Reports Record HY26 Results
- Total sales up 7.3% to $6.10 billion
- EBIT up 8.1% to $454.0 million
- NPAT up 7.1% to $305.8 million
- Interim dividend up 23.5% to 210.0 cps
JB Hi-Fi Limited ('Group') today reports for the 6 months ending 31 December 2025 ('HY26'): total sales of $6.10 billion, up 7.3%; earnings before interest and tax (EBIT) of $454.0 million, up 8.1%; net profit after tax (NPAT) of $305.8 million, up 7.1%; and earnings per share of 279.7 cps, up 7.1%. The Group's JB HI-FI Australia and JB HI-FI New Zealand businesses both delivered strong sales and earnings growth, while The Good Guys also performed well. The Group continues to maintain a strong balance sheet, with closing net cash of $489.5 million at 31 December 2025. The Board has declared an interim dividend of 210 cents per share, up 23.5%. The Group remains focused on delivering sustainable long-term growth and having a positive impact on its people, community and environment.
The Group provides the following sales update for the period 1 January 2026 to 31 January 2026: total sales growth for JB HI-FI Australia of 4.0% with comparable sales growth of 2.4%; total sales growth for JB HI-FI New Zealand of 26.4% with comparable sales growth of 16.7%; total sales growth for The Good Guys of 2.7% with comparable sales growth of 2.7%; and total sales growth for e&s of -4.6% with comparable sales growth of -7.9%.
The Group CEO, Nick Wells, said 'Whilst we are pleased to see sales growth continue in January in JB Hi-Fi and The Good Guys, cycling strong sales in the prior year, we remain cautious given the uncertainty in the retail market and the continued competitive activity. As always, we will remain focused on maximising demand through driving great value for our customers and delivering consistently high levels of customer service.'