)
JB Hi-Fi (JBH) investor relations material
JB Hi-Fi H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record half-year sales of $6.09 billion, up 7.3% year-over-year, with EBIT up 8.1% to $454 million and NPAT up 7.1% to $305.8 million, driven by both in-store and online growth.
Multi-brand, multi-channel strategy with JB Hi-Fi, The Good Guys, and E&S, each targeting distinct market segments; all major brands delivered sales and EBIT growth except E&S, which saw EBIT decline due to strategic investments.
Interim dividend increased 23.5% to 210 cents per share, fully franked, representing 75% of NPAT, with a record date of 27 February 2026.
Focus on value, customer service, operational efficiency, and continued investment in people, sustainability, and community impact.
Financial highlights
Group gross margin rose to 22.31% (+19 bps), with cost of doing business at 12.63%.
EBIT up 8.1% to $454 million; NPAT up 7.1% to $305.8 million; EPS up 7.1% to 279.7 cents per share.
Free cash flow was $457 million, with net cash of $489.5 million at period end.
Inventory increased 6.7% to $1.41 billion, in line with sales growth; inventory turnover at 6.93 times.
Dividend payout ratio increased to 70-80% of NPAT from FY26.
Outlook and guidance
January 2026 sales update: JB Hi-Fi Australia up 4%, New Zealand up 26.4%, The Good Guys up 2.7%, E&S down 4.6%.
Management remains cautious due to retail market uncertainty, competitive activity, and consumer spending risks.
Focus areas include supply chain optimization, retail execution, brand expansion, and multichannel growth.
Expectation of continued momentum in mobile phones, computers, small appliances, and health/fitness categories.
Anticipated price increases in PCs due to memory and storage costs, with strategies to maintain price points and gross margin.
Next JB Hi-Fi earnings date
Next JB Hi-Fi earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)