• Total sales up 9.8% to $5.67 billion
• EBIT up 8.6% to $419.9 million
• NPAT up 8.0% to $285.4 million

JB Hi-Fi Limited has reported robust financial results for the first half of fiscal year 2025. Total sales for the Group increased by 9.8% to $5.67 billion, driven by strong performance across all three of the Group's retail brands. Earnings before interest and tax (EBIT) grew by 8.6% to $419.9 million, while net profit after tax (NPAT) attributable to the owners of JB Hi-Fi Limited increased by 8.0% to $285.4 million. The Group's earnings per share also grew by 8.0% to 261.1 cents per share. JB Hi-Fi Australia reported a 7.2% increase in sales to $3.88 billion, with comparable sales also up 7.2%. JB Hi-Fi New Zealand saw a 20.0% surge in sales to NZD202.5 million, with comparable sales up 6.9%. The Good Guys delivered a 9.2% increase in sales to $1.52 billion, with comparable sales up 8.8%. The Group also completed the acquisition of a 75% stake in premium home appliance retailer e&s during the half, with e&s contributing $92.3 million in sales and $1.9 million in EBIT. The Group maintains a strong balance sheet, with net cash of $555.1 million as at 31 December 2024. An interim dividend of 170 cents per share, up 7.6%, was declared.

The Group expects to maintain its strong sales momentum in the second half of fiscal year 2025, with continued growth across all retail brands. However, the Group remains cautious given the ongoing uncertainty in the retail market and competitive activity.