JB Hi-Fi’s (JBH) Full Year Result 12 August 19: JB Hi-Fi lifts sales despite tougher retail conditions

Retailer, JB Hi-Fi (JBH) has reported record sales and earnings for the year ending 30 June 2019. Total sales lifted 3.5% to $7.1 billion, meeting analyst expectations as surveyed by Bloomberg. Earnings before interest and tax (EBIT) saw a 6.4% improvement to $372.8 million while net profit after tax (NPAT) rose 7.1% to $249.8 million.

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