JB Hi-Fi Australia posted total sales growth of 6.0 per cent and comparable sales growth of 5.0 per cent for the fiscal first quarter ended September 30, 2025. In New Zealand, total sales grew by 39.3 per cent and comparable sales rose by 24.3 per cent.
The Good Guys reported total sales growth of 2.5 per cent and comparable sales growth of 2.4 per cent. E&S saw total sales rise by 4.1 per cent and comparable sales by 0.7 per cent.
Overall, first-quarter sales were aligned with the group’s expectations as it approaches the critical second-quarter trading period.
In his statement at the annual general meeting, newly appointed JB Hi-Fi CEO Nick Wells said that the company will prioritise four key areas: retail execution, multichannel, brand reach, and supply chain.
The group intends to maintain a simplified and efficient operating model, concentrate on important metrics, implement operational improvements, and reinvest efficiencies into customer-facing roles to enhance engagement and advance the in-store experience.
The company will further develop its multichannel capability by utilising strong online traffic and broadening its marketplace offer. Membership programs will remain an area of focus to deliver personalised experiences at scale and contribute to sales channels.
Moreover, the group plans to expand its store network in FY26, opening three JB Hi-Fi stores in New Zealand and five JB Hi-Fi stores plus one E&S store in Australia. The plan also includes the closure of one JB Hi-Fi store in Australia and two major relocations for The Good Guys.
In addition, JB Hi-Fi is continuing to invest in a fit-for-purpose supply chain network, aiming to offer leading delivery options across all channels, optimise inventory flow during peak trading periods, and improve processes for bulky products.
“We remain committed to offering great value and exceptional customer service to maximise our brands’ sales opportunities. As always, our team’s unwavering focus on our customer, combined with our ability to adapt and innovate, will ensure our brands remain the destination for shoppers in the future,” said Wells.