Discount retailer JB Hi-Fi has posted its first annual profit growth since 2010 thanks to stronger sales and improved margins
CommSec
Online Stockbroker
Discount retailer JB Hi-Fi has posted its first annual profit growth since 2010 thanks to stronger sales and improved margins. Net profit for the year to June 2013 rose 11.2% to $116.4M, above the company's own guidance of $112-116M announced in May. Total sales rose 5.8% to $3.3B while online sales, which account for around 2% of total sales, rose 29.8%. Shareholders will receive a final dividend of 22 cents per share. For further details visit: (VIEW LINK)
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful trading tools including alerts, conditional orders, stock screeners and comparison charts.
CommSec
Online Stockbroker
Online Stockbroker
CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise
CommSec
Online Stockbroker
Online Stockbroker
CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise
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