JB Hi-Fi Ltd Q1 FY27 Sales Update
Key points
- JB Hi-Fi Australia sales down 0.4%, comparable sales down 1.4%
- JB Hi-Fi New Zealand sales up 17.3%, comparable sales up 10.7%
- The Good Guys sales down 0.1%, comparable sales down 0.4%
- e&s sales down 3.7%, comparable sales down 4.5%
- Group sees variability in trading and competitive activity
Full summary
JB Hi-Fi Ltd has released its sales update for the first quarter of FY27, covering the period from 1 July 2026 to 30 September 2026. The Group experienced a decline in total sales for JB Hi-Fi Australia by 0.4%, with comparable sales down by 1.4%. Conversely, JB Hi-Fi New Zealand saw a significant increase in total sales by 17.3%, with comparable sales growth at 10.7%. The Good Guys reported a slight decrease in total sales of 0.1%, with comparable sales down by 0.4%. e&s also experienced a decline in total sales of 3.7%, with comparable sales down by 4.5%. The Group continues to navigate through a competitive market environment with customers focusing on value and promotional events. Sales have slowed in October ahead of key trading periods like Black Friday and Christmas.
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