• Total sales up 7.3% to $6.10 billion
• Earnings before interest and tax (EBIT) up 8.1% to $454.0 million
• Net profit after tax (NPAT) up 7.1% to $305.8 million

JB Hi-Fi Ltd, a leading retailer of technology and consumer electronics in Australia, has reported its financial results for the first half of fiscal year 2026. The company delivered a strong performance, with total sales increasing by 7.3% to $6.10 billion, driven by continued customer demand across its retail brands. Earnings before interest and tax (EBIT) grew by 8.1% to $454.0 million, while net profit after tax (NPAT) attributable to the owners of JB Hi-Fi Limited increased by 7.1% to $305.8 million. The company's diversified business model, underpinned by four key competitive advantages - scale, low-cost operating model, multichannel capability, and strong people and culture - enabled it to navigate the challenging retail environment and deliver sustainable long-term growth. All of the company's retail brands, including JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys, and e&s, contributed to the overall performance, with each segment reporting positive sales and earnings growth.The group continues to focus on key strategic initiatives, including community investment, ethical sourcing, climate action, recycling and circular economy, and health, safety, and wellbeing, to have a positive impact on its people, communities, and the environment. The company's balance sheet remains strong, with net cash of $489.5 million, allowing it to invest in growth opportunities and return capital to shareholders.Looking ahead, the company remains cautious given the uncertainty in the retail market and the continued competitive activity, but is pleased to see sales growth continue in January in its JB Hi-Fi and The Good Guys brands.

The company expects to maintain its focus on delivering sustainable long-term growth and shareholder returns. No specific financial guidance for FY26 has been provided.