Sales Update
| Stock | JB Hi-Fi Ltd (JBH.ASX) |
|---|---|
| Release Time | 6 May 2026, 7:30 a.m. |
| Price Sensitive | Yes |
JB Hi-Fi Reports Q3 FY26 Sales Update
- Group sales growth in JB Hi-Fi and The Good Guys
- Significant supplier component cost increases and stock availability issues in technology categories
- Heightened competitive activity in the retail environment
JB Hi-Fi Limited has provided a sales update for the third quarter of the 2026 financial year (Q3 FY26), covering the period from 1 January 2026 to 31 March 2026. The company reported sales growth in both the JB Hi-Fi and The Good Guys brands, with JB Hi-Fi Australia seeing a 4.0% increase in total sales and a 2.6% rise in comparable sales. JB Hi-Fi New Zealand experienced stronger growth, with a 23.2% increase in total sales and an 18.6% rise in comparable sales. The Good Guys also saw a 2.5% increase in both total and comparable sales. However, the company's e&s brand reported a 1.4% decline in total sales and a 4.8% drop in comparable sales. The Group CEO, Nick Wells, stated that the company is pleased to see sales growth in the current 'increasingly uncertain retail environment.' He noted that as the company enters the important end-of-financial-year trading period, it is facing significant supplier-related cost increases and stock availability issues in the technology categories, as well as heightened competitive activity. Despite these challenges, the company remains focused on delivering great value for its customers, leveraging its strong supplier relationships, and providing exceptional customer service.