JB Hi-Fi Limited Announces Sales Results for the Third Quarter and Nine Months of Fiscal Year 2020; Not Provide Fiscal Year 2020 Guidance
For the nine months, JB HI-FI Australia sales increased 6.9% against 6.4% a year ago; JB HI-FI New Zealand sales decreased 0.4% against 0.4% a year ago; The Good Guys increased 5.4% against 4.9% a year ago.
As announced on 23 March 2020, the Group withdrew its FY20 sales and earnings guidance as a result of
the uncertainty arising from COVID-19. Given the ongoing disruption to customer shopping patterns and
the uncertainty as the Group enters the important end of financial year trading period, the Group continues
to consider it appropriate to not provide fiscal year 2020 guidance at this time.