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Investment
2 mins to read

New Zealand stores star in strong JB Hi-Fi result

Sales in New Zealand were up 20%, higher than the group average, and the operations moved from loss to profit.

JB Hi-Fi has 21 stores in New Zealand, following the 2007 acquisition of Hill & Stewart.

Lachlan Colquhoun Mon, 10 Feb 2025

Shares in trans-Tasman electronics retailer JB Hi-Fi briefly posted a record high today after the company unveiled strong first half results.

The shares added 5% to A$108.08 ($119.80) in Monday morning trade on the ASX valuing the company at over A$11.2 billion, but by lunchtime had been pegged back

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Lachlan Colquhoun Mon, 10 Feb 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Economics

No festive joy for struggling services sector
Investment

New Zealand expansion spills red ink for JB Hi-Fi
Australia
1

JB Hi-Fi’s NZ growth strategy drives total sales
Retail

JB-Hifi eyes significant growth in New Zealand market

The Flip Side

Twitter users fume over Harvey Norman AU’s emoji faux pas

New Zealand stores star in strong JB Hi-Fi result
Investment,
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