Virus lockdown lifts JB HiFi to 21 per cent profit increase as customers work from home – PerthNow

Entertainment retailer JB HiFi has been buoyed by customers spending more on electronic equipment to shore their home offices during the coronavirus pandemic, posting a 21 per cent profit rise for the 2019/20 financial year.
The profit of $302 million came as sales rose 11.6 per cent to $7.9 billion across the group, which includes stores in both Australia and New Zealand and the Good Guys whitegoods retailer.
The group is paying a dividend increase of 47 cents per share – or 33 per cent – to …

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