News & Press: Power Retail News

JB Hi-Fi Successfully Protects Turf

Sunday, 11 February 2018  
Share |

JB Hi-Fi has pushed aside any concerns around Amazon‘spre-Christmass arrival. On Monday, the Australian electronics retailer said its net profit was up 37 percent to $151 million for the six months ended 31st December 2017, compared with $110 million for the same period a year ago.

Total sales for the half year period rose 23 percent, totalling $3.68 billion while online sales grew by a sizeable 40 percent, accounting for 4.8 percent of total sales. Read more...