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JB Hi-Fi sees sales drop in July-Sept quarter

JB Hi-Fi sees sales drop in July-Sept quarter
crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.

New zealandGood guysTerry smartBlack friday

Our spending habits remain unchanged

Consumers may be avoiding shopping sprees in the cost-of-living crunch, but there are some purchases we just can’t quit.

New zealandWayne taylorSteve donohueIan baileySnoop doggEamon gallagherMartin nicholasTom kingDan murphyEndeavour groupKmart groupTerry smartKogan mobileWine estateParagon wine estates

HVN ASX: Harvey Norman profits slide over 30 per cent on spending slowdown

The heavyweight retailer’s profits and sales have taken a hit, but chairman Gerry Harvey says the group is in a strong position as online shopping slows down.

New zealandHarvey normanTerry smart

Retailers face triple-whammy challenge as sales fall, costs rise

The post-COVID normalisation in demand has coincided with a cost-of-living crunch and soaring costs, which will squeeze sales and earnings in 2024.

Temple websterBunting hoekmanAnthony scaliDan murphysDarin hoekmanNick scaliAnthony heraghtyBen searcyEndeavour groupSuper retail groupBaby buntingGood guysTerry smartRoy morgan consumer confidence

Why Australia s JB Hi-Fi is doubling down on value as spending drops

For a number of years JB Hi-Fi’s annual sales results have delivered an unofficial barometer of the overall health of the retail industry.

New zealandPaul zahraJp morganAustralian retailers associationAustralian bureau of statisticsNfi groupTerry smartGood guysAustralian bureau

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