JB Hi-Fi Limited (ASX: JBH) Share Price and News
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JB Hi-Fi Limited (ASX:JBH) is one of Australia’s best loved retailers. Originally established in 1974 by John Barbuto, JB Hi-Fi started life with just one store in Melbourne. Mr Barbuto’s vision was to offer a specialist range of music and hi-fi equipment at discount prices. He sold the business in 1983 and the new owners expanded the brand to include nine stores across Victoria by 1999.
The following year, the business was purchased by private equity bankers who had a vision to replicate the success of JB Hi-Fi in Victoria right across Australia. JB Hi-Fi listed on the ASX in 2003 and, today, has over 300 stores in operation across Australia and New Zealand. The company also operates highly successful online stores in both markets.
Throughout its history, JB Hi-Fi has expanded its product offering to now include a wide range of home entertainment, gaming, music and IT products as well as white goods and home appliances. The company has made several acquisitions along the way including purchasing The Good Guys in 2016.
Since listing on the ASX, the JB Hi-Fi share price has performed well, returning over 25 times the initial investment to shareholders.
JB Hi-Fi Limited (ASX: JBH) Latest News
Phil Harpur | July 6, 2020 5:31pm
Here we look at 2 ASX shares to buy and hold beyond 2025: JB Hi-Fi Limited (ASX: JBH) and Kogan.com Ltd (ASX: KGN). Both... More »
Ken Hall | July 6, 2020 3:47pm
ASX 200 retail shares like JB Hi-Fi Limited (ASX: JBH) have rocketed higher in recent months but can they really be good long-term buys? More »
Ken Hall | July 1, 2020 11:43am
Polynovo Ltd (ASX: PNV) and JB Hi-Fi Limited (ASX: JBH) shares saw a great past 12 months. Will the companies continue their success? More »
Kate O'Brien | June 30, 2020 11:27am
Over the past year the S&P/ASX 200 (ASX:XJO) is down nearly 13%. But some ASX shares have bucked the trend and recorded major gains.... More »
Brendon Lau | June 29, 2020 12:15pm
The JB Hi-Fi Limited (ASX: JBH) is bucking the sharp ASX 200 sell-off. A broker survey finds it to be COVID-19 resistant and it... More »
Daryl Mather | June 29, 2020 11:01am
Australia Post says online sales increased by 80% within 8 weeks of the WHO declaring the pandemic. These companies are the clear leaders. More »
Lina Lim | June 26, 2020 11:58am
Retailers have emerged as a top-performing sector amidst the coronavirus pandemic, making it a great option for ASX dividend shares. More »
Ken Hall | June 24, 2020 11:36am
If you want to invest for income but don't know where to start, here are a few of my top ASX dividend share picks... More »
Daryl Mather | June 22, 2020 10:29am
Keep an eye on these three Australian share market trends this week. Some have been building for a few weeks while others are new. More »