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The Latest Breaking News from JB HiFi

JB Hi-Fi boosts profits but shares slip on CEO exit

JB Hi-Fi will hand back $224 million to shareholders after posting more than $10 billion in annual sales, as its chief executive lays down a succession plan.

AAP

JB Hi-Fi group sales nudging double-digit growth

Sales at JB Hi-Fi and its The Good Guys and e&s brands climbed 9.8 per cent to $5.7 billion in the six months to December 31.

AAP

E-scooter riders flouting rules, blocking footpaths and causing accidents? We need to use smart solutions (and bust the myths)

Recent decisions by several Australian and New Zealand cities to discontinue shared e‑scooter services have again thrust misperceptions and moral panic into the limelight.

The Conversation

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'Nothing fantastic': Harvey Norman slides, turns to AI

Harvey Norman chairman Gerry Harvey is looking to artificial intelligence and its Malaysian operations for growth after disappointing 2023-24 results.

AAP

JB Hi-Fi to pay shareholders $200m, buy appliance brand

JB Hi-Fi shareholders will share in an $87.5 million special dividend after $9.6 billion in sales by the home appliance and consumer electronics brand

AAP

A JB Hi-Fi Store Is Going Viral For This Cheeky Sign ’Cos As It Turns Out, Sex Does Sell

Is this the start of JB Hi-Fi's horny-on-main arc?

Pedestrian.tv

Retail, banking sell-off ends ASX 5-day winning streak

The ASX200 fell 1.1 per cent, with the consumer discretionary sector suffering its worst loss in 16 months on several trading updates.

AAP

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Taylor Swift Merchandise Removed From Australian Stores Due To Theft

Taylor Swift merchandise removal in Australian stores due to theft incidents. Fans express disappointment. PETA criticizes Swift and Kelce over zoo visit.

Top News

Heavy losses for CSL help drag ASX into the red

The Australian share market has finished down 0.4 per cent in large part because of a failed heart attack drug that CSL spent nearly $1 billion developing.

AAP

JB Hi-Fi beats expectations despite H1 profit fall

JB Hi-Fi shares rose five per cent in early trading after the consumer electronics retailer announced its net profit dropped 20 per cent in the first half.

AAP

Back to school 2024: the best deals for technology, books and uniforms in Australia

From stationery to laptops and other vital school supplies, we look at the top retailers’ back-to-school sales before term one

The Guardian - AU

DP World port dispute: how damaging is this to Australia’s economy and will it push up prices?

Supply-chain delays can increase costs in a range of areas and experts say the impact could be significant

The Guardian - AU

JB Hi-Fi Is Facing A Class Action Lawsuit For Allegedly Selling Warranties That Should Be Free

You have certain rights that you are entitled to — for free — under Australian Consumer Law. If you're being charged for them, well, that ain't right.

Pedestrian.tv

Appliance sales switch off as economy slows JB Hi-Fi

Home appliance and consumer electronics sales fell for JB Hi-Fi and The Good Guys as the companies face a 'tougher retail trading environment'.

AAP

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The New Daily

From pet food to lipstick, Australia’s top-rated retailers

If you want to make the most of EOFY sales, check out which retailers Australians have voted as the best across a range of categories.

ABC News

Corporate Australia has reported big profits as inflation has soared. Is it profiteering?

Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.

AAP

JB Hi-Fi sales slowing after record first half

Retailer JB Hi-Fi has reported slowing sales in January after posting a record result in the six months to December.

AAP

JB Hi-Fi reports record half year sales

JB Hi-Fi says its overall sales were $5.28 billion in the first half of 2022/23, up 8.6 per cent from a year ago, despite rising interest rates.

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The New Daily

The best and worst gift cards at Bunnings, Kmart, JB Hi-Fi, Amazon and more this Christmas

Looking for a last minute holiday gift this year? Gift cards are a popular option for those tight on time, but buyer beware.

The New Daily

JB Hi-Fi, The Good Guys and Harvey Norman mislead consumers about warranties: Choice

CHOICE has uncovered misleading conduct at JB Hi-Fi, Harvey Norman and The Good Guys ahead of Black Friday sales.

The Guardian - AU

Retailers’ extended warranties give no more cover than existing consumer rights, Choice says

Consumer group found 91% of stores it investigated tried to sell extended warranties and claims 71% provided misleading information

AAP

JB Hi-Fi posts strong Q1 sales growth

The electronics and appliances retailer saw sales rise in double digits across its two main businesses for the September quarter in Australia.

The Guardian - AU

Buy refurbished, sell later: cheaper, greener ways to upgrade your mobile phone in Australia

As upgrade season arrives, phone users have more options than ever for improving their handsets in environmental, cost-effective ways

The New Daily

Harvey Norman profits fall as rival JB Hi-Fi booms

Billionaire Gerry Harvey's retail empire has suffered a decline in annual profits as the halo begins to fall off its pandemic boom.

ABC News

ASX higher, JB Hi-Fi hikes dividend, Carsales profit jumps while Nearmap surges 25pc

Australian shares rise, tracking a strong finish on the Wall Street last week on signs that US inflation might have peaked, while upbeat earnings by blue-chip companies buoyed the domestic index.

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