High fives for JB Hi-Fi as it defies sales gloom
I am not trying to advertise anything....I get nothing from them anyway. I just want to trace back a memory while I was in Melbourne. I do like this store. Yellow and black are good combination. You don't follow. It is alright.
I am not trying to advertise anything....I get nothing from them anyway. I just want to trace back a memory while I was in Melbourne. I do like this store. Yellow and black are good combination. You don't follow. It is alright.
"We have one of the strongest balance sheets of any listed retailer and the capacity to take advantage of any opportunities that might present themselves."
In the six months to December, JB Hi-Fi stores reported higher numbers of customers passing through their doors compared to a year ago, and shoppers spent the same amount as they did a year ago.
Sales at stores trading for more than a year grew by 11 per cent, and overall sales grew by 28 per cent to $1.26 billion. It now expects full-year sales to come in at $2.35 billion.
Mr Uechtritz was "cautiously optimistic" that the stores would "continue to trade well in the current economic environment" due to the continued consumer confidence of men aged from 18 to 35 who have high disposable incomes to spend on CDs, DVDs and games.
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