• Total sales of $6.10 billion, up 7.3%
• EBIT of $454.0 million, up 8.1%
• NPAT of $305.8 million, up 7.1%
• Interim dividend of 210.0 cps, up 23.5%

JB Hi-Fi Limited has reported record sales and strong earnings for the first half of FY26. Total sales increased by 7.3% to $6.10 billion, with comparable sales up 5.0% in Australia and 20.2% in New Zealand. The company's Australian business saw growth in key categories like Mobile Phones, Small Appliances, Games Hardware, Computers and Fitness, while New Zealand continued to resonate with customers and expand its reach. The Good Guys also delivered 4.1% sales growth, driven by continued customer demand for home appliance products. Earnings before interest and tax (EBIT) increased by 8.1% to $454.0 million, and net profit after tax (NPAT) grew 7.1% to $305.8 million. The Board has declared an interim dividend of 210 cents per share, up 23.5%, representing 75% of NPAT. The company maintains a strong balance sheet with closing net cash of $489.5 million. The Group remains focused on having a positive impact on its people, community, and environment, as outlined in its FY25 Sustainability Report.

The Group provides the following sales update for January 2026: JB Hi-Fi Australia total sales growth of 4.0% and comparable sales growth of 2.4%; JB Hi-Fi New Zealand total sales growth of 26.4% and comparable sales growth of 16.7%; The Good Guys total sales growth of 2.7% and comparable sales growth of 2.7%; and e&s total sales growth of -4.6% and comparable sales growth of -7.9%.

The Group CEO, Nick Wells, stated that while they are pleased to see sales growth continue in January in JB Hi-Fi and The Good Guys, they remain cautious given the uncertainty in the retail market and the continued competitive activity. The Group will remain focused on maximizing demand through driving great value for customers and delivering consistently high levels of customer service.