JB Hi-Fi Limited (ASX:JBH) Reports 10% Revenue Growth and Announces Special Dividend
Financial Performance
JB Hi-Fi Limited reported a 10% increase in revenue, reaching $10.55 billion for the financial year ended 30 June 2025. Net profit attributable to members rose by 5.4% to $462.4 million.
Dividend Declaration
The Board has declared a final dividend of 105.0 cents per share and a special dividend of 100.0 cents per share, totaling 275.0 cents per share. The dividends will be paid on 5 September 2025, with a record date of 22 August 2025.
Executive Changes
CEO Terry Smart will retire from the Group on 3 October 2025 and will be succeeded by Nick Wells, the current Group Chief Operating Officer.
Mergers & Acquisitions
The Group completed the acquisition of 75% of E. & S. Trading Co. (Discounts) Pty Ltd, enhancing its presence in the premium home appliances and bathroom products sector.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Jb Hi-Fi. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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