Company
JB Hi-Fi Limited
Headquarters: Southbank, VIC, Australia
Founded: Keilor East, Victoria, Australia 1974
Employees: 13,200
CEO: Mr. Terry David Smart
Market Cap
A$5.76 Billion
AUD as of Jan. 1, 2024
US$3.92 Billion
JB Hi-Fi Limited Categories
Australia Consumer Discretionary Specialty RetailAustralia Consumer Discretionary Australia Specialty Retail
Company Description
JB Hi-Fi is a retail chain of stores dedicated to electronics and entertainment consumer goods, including video games, movies, music and software, hardware electronics and electrical home appliances, mobile phones and more. Founded in 1974, JB Hi-Fi now operates more than 300 stores across Australia and New Zealand, as well as through its e-commerce website.
Top Competitors by Market Capitalization
Industry: Specialty Retail
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| O'Reilly Automotive, Inc. | $55.83 B |
| AutoZone, Inc. | $44.40 B |
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| Ulta Beauty, Inc. | $23.01 B |
| Genuine Parts Company | $19.09 B |
Detailed Description
JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It offers consumer electronics products and services, including televisions, audio equipment, computers, and cameras; telecommunications products and services; software products, such as music, movies, TV shows, and games; musical instruments; and home appliances comprising washers and dryers, fridges and freezers, vacuuming and cleaning, microwaves and dishwashers, coffee machines, small kitchen appliances, and heating and cooling products. The company also provides mobile phones, headphones, speakers, vinyl, and collectibles and merchandise; apparel, such as t-shirts, hoodies, beanies, caps, and socks; drones, e-scooters and rideable, and car gears; smart and sport watches, activity trackers, wearables, electric toothbrushes, hair styling, men's shavers an d hair clippers, massager, blood pressure and heart rate monitors, and smart scales. In addition, it offers information technology and consulting services. As of June 30, 2021, the company sold its products through branded retail store network comprising 197 JB Hi-Fi/JB Hi-Fi Home stores in Australia; 14 JB Hi-Fi stores in New Zealand; and 105 The Good Guys stores in Australia, as well as online. JB Hi-Fi Limited was founded in 1974 and is based in Southbank, Australia.
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Stocks & Indices
JB Hi-Fi Limited has the following listings and related stock indices.
Stock: ASX: JBH wb_incandescent
Product & Services
Consumer electronics, major appliances and small appliances
Key People
Founder(s): John Barbuto
Greg Richards (Chairman) Terry Smart (CEO; outgoing)
Financials
Revenue: A$8.92 billion (2021)
Operating income: A$743.1 million (2021)
Net income: A$506.1 million (2021)
Total assets: A$1.106 billion (2020)