The JB Hi-Fi Ltd (ASX: JBH) share price is in focus today after the ASX retailer released its full-year results, delivering a 4.8% lift in revenue to $11.06 billion and a 6% rise in net profit after tax to $489.9 million.
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What did JB Hi-Fi report?
- Revenue up 4.8% to $11,064.0 million
- Net profit after tax up 6% to $489.9 million
- Final dividend of 127 cents per share, fully franked
- Total ordinary dividend of 337 cents per share, 22.5% higher than last year
- EBIT up 5.8% to $734.4 million
- Net tangible assets per share increased to $4.55
What else do investors need to know?
JB Hi-Fi reported strong sales across its core Australian and New Zealand stores, with JB Hi-Fi Australia sales up 4.4% and New Zealand sales rising a healthy 26%. The Good Guys division also delivered sales growth of 2.7%. After the recent acquisition, e&s recorded a full-year sales result of $273.1 million.
Online sales now make up over 17% of total sales in both the JB Hi-Fi Australia and New Zealand divisions, showing the group's continued focus on digital. The company ended the year with $206.5 million in net cash and no interest-bearing debt, maintaining a robust balance sheet.
What's next for JB Hi-Fi?
Looking ahead, JB Hi-Fi expects a variable trading environment in the short term but notes ongoing resilience among its brands. Management is focused on driving demand, expanding its store network (with new store openings planned), and investing in digital capability, supply chain initiatives and sustainability. In July 2026, The Good Guys and JB Hi-Fi Australia saw a slight dip in sales, while JB Hi-Fi New Zealand continued to record strong growth.
The board intends to maintain a payout ratio of 70-80% of NPAT and regularly review its capital structure to maximise returns. Investments of $87.4 million in capital expenditure are expected to support future growth.
JB Hi-Fi share price snapshot
The JB Hi-Fi share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of almost 30%.
