JB Hi-Fi (ASX:JBH) announced a robust set of financial results for the first half of 2026, underscored by record sales and significant growth across its Australian and New Zealand operations.
For the six months ended Dec. 31, 2025, the retail giant reported total group sales of $6.10 billion, marking a 7.3% increase.
The strong top-line performance flowed through to the bottom line, with net profit after tax rising 7.1% to $305.8 million, while earnings per share saw a parallel climb to 279.7 cents per share.
The company’s Australian division remains the primary engine of growth, generating $4.12 billion in sales (up 6.3%).
Key drivers included high demand for mobile phones, games hardware, and small appliances.
Online sales in Australia now account for 18.4% of total revenue, reaching $759 million.
Meanwhile, the New Zealand sector showed even more aggressive momentum, with total sales surging 32.6% to NZ$268.6 million, supported by a massive 47.7% jump in online transactions.
Group CEO Nick Wells attributed the success to "strong promotional execution" and a brand resonance with consumers seeking value.
The board has increased the interim dividend by 23.5% to $2.10. This follows a strategic decision to raise the dividend payout ratio from 65% to a range of 70-80% of NPAT.