‘A lot of great work’: JB Hi-Fi CEO shares highlights from FY19

JB HI-FI Group improved annual net profit (Source: StockPhoto)
JB HI-FI Group improved annual net profit and group sales for the seventh year in a row in FY19, despite the challenging retail environment felt by many during the election cycle. This improved result was felt across JB HI-FI’s Australian and New Zealand business, as well as homewares retailer The Good Guys, which cumulatively saw NPAT up 7.1 per cent to $249.8 million, and sales reach $7.1 billion – 3.5 per cent higher than FY18.  Murray also pointed to a strong online showing – whic

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