JB Hi-Fi Limited Rallies in Improving Sales Environment
With a focus on maximising customer demand, JB Hi-Fi hits new record high. Investors continue to ride this growth story enriched with dividends?
JB Hi-Fi Limited (ASX: JBH)
In its full-year results for the period ending 30 June 2024, JB Hi-Fi Limited (ASX: JBH) reported total sales of $9.59 billion, consistent with the previous fiscal year's $9.6 billion. In Australia, JB Hi-Fi saw a 1.0% increase in total sales to $6.61 billion, with comparable sales rising by 0.6%. This growth was driven by strong customer demand for technology and consumer electronics, supported by successful promotional events including Black Friday, Boxing Day, and Tax Time.
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