JB Hi-Fi predict FY20 sales at $7.25 billion

13SepSeptember 13, 2019

JB Hi-Fi predict FY20 sales at $7.25 billion

JB Hi-Fi (ASX:JBH) released their annual report today showing statutory NPAT of $249.8 million, that's 7.1 per cent of underlying growth.

Sales for the year stand at $7.10 billion, underlying growth of 3.5 per cent.

In FY20 the Group expects total group sales to be around $7.25 billion, comprising, $4.84 billion from JB Hi-Fi Australia, $0.24 billion NZ from JB Hi-Fi New Zealand and The Good Guys $2.18 billion.

JB Hi-Fi Limited and its subsidiaries comprise two leading retail brands, the first with a focus on technology and consumer electronics and The Good Guys with a focus on home appliances and consumer electronics.

Shares in JB Hi-Fi (ASX:JBH) are trading 0.97 per cent higher at $34.32.
Copyright 2019 – Finance News Network

Source: Finance News Network

16JulJuly 16, 2020

Auckland Airport’s (ASX:AIA) passenger volumes decrease by 94.7% in May

16 Jul 2020 - Auckland Airport's (ASX:AIA) total passenger volumes decreased by 94.7 per cent in May 2020 versus last year.

28JulJuly 28, 2021

Stocks of the Hour: Temple & Webster, Oil Search & Japara

27 July 2021 - A snapshot of some of the news that broke today featuring Temple & Webster (ASX:TPW), Oil Search (ASX:OSH) & Japara (ASX:JHC).

04AugAugust 4, 2023

Stocks of the Hour: Melbana Energy, Azure Minerals, Empire Energy

04 Aug 2023 - A snapshot of the stocks on the move, featuring Melbana Energy (ASX:MAY), Azure Minerals (ASX:AZS) and Empire Energy (ASX:EEG).

25MayMay 25, 2020

Estia (ASX:EHE) says occupancy falls, costs expected to rise on the back of covid-19

25 May 2020 - Aged care operator Estia Health (ASX:EHE) says disruptions caused by COVID-19 has led to a fall in occupancy levels which will lead to higher ongoing costs.

28FebFebruary 28, 2020

Harvey Norman Holdings (ASX:HVN) profit impacted by bushfires and property prices

28 Feb 2020 - Harvey Norman Holdings (ASX:HVN) announced today that net profit after tax and non-controlling interests for the half-year to 31 December 2019 was $213.59 million, down $9.18 million, from $222.77 million in the previous corresponding period a 4.1 per cent decrease.