JB Hi-Fi Limited
JBHIF
Other OTC53.43
USD
- -
- -
ISIN
AU000000JBH7
Return %
Stock
S&P500
1Y
-20.04
26.84
3Y
61.57
77.03
5Y
61.57
80.55
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Nick Wells
- Full Time Employees
- 15,000
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Podium Level Southbank VIC Australia 3006
- IPO Date
- Dec 21, 2021
- Website
- jbhifi.com.au
- Similar Companies
- Business
- JB Hi-Fi Limited is an Australian retailer specializing in home consumer electronics and entertainment products. The company offers a diverse range of products including televisions, computers, tablets, audio devices such as headphones and speakers, gaming consoles, software including music, video games, and films, mobile phones, smart home appliances, and white goods alongside smaller household appliances. It also provides accessories for electronic devices, outdoor and travel products including garden and outdoor living items, home security and monitoring solutions, action and dash cameras, drones, electric scooters, and boards. JB Hi-Fi operates through three primary divisions: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys, each targeting different customer segments with JB Hi-Fi focusing on tech-savvy consumers and The Good Guys on family-oriented households. The company extends its sales network via branded retail stores in Australia and New Zealand complemented by robust online retail platforms and phone sales. It also offers services such as product installations, trade-in programs, warranties, and mobile plans. Founded in 1974 and headquartered in Southbank, Australia, JB Hi-Fi has evolved from a single music and hi-fi equipment store to one of the largest home entertainment retailers in Australia. In recent developments, JB Hi-Fi reported significant growth with FY24 sales reaching approximately AUD 9.59 billion, driven by strong demand for electronics and home appliances. It strategically expanded its e-commerce presence with online sales increasing by 16.4%, constituting 17.6% of total sales. In September 2024, JB Hi-Fi acquired a 75% stake in premium home appliance retailer e&s for AUD 47.8 million, aiming to diversify into high-end appliance segments and enhance its market share in this category. The acquisition contributed about AUD 92.3 million in sales within its initial four months under JB Hi-Fi ownership. The company continues to invest in expanding its store network, optimizing supply chains, and enhancing digital sales channels. It also focuses on leadership development, customer experience improvement, and sustainability initiatives including solar power installations at multiple stores. JB Hi-Fi remains one of the leading retailers in technology, consumer electronics, and home appliances across Australia and New Zealand, maintaining strong brand recognition and customer loyalty through its comprehensive product offerings and service capabilities.