JB Hi-Fi sees strong NZ 1Q sales growth

JB Hi-Fi sees strong NZ 1Q sales growth
Three new JB Hi-Fi stores are planned in New Zealand. (Image: NZME)
Graham Skellern
The 25 JB Hi-Fi home entertainment stores in New Zealand have experienced strong sales growth in the three months ending September.In a trading update provided to the Australian Stock Exchange, the company said total sales growth for JB Hi-Fi New Zealand was 39.3%. Growth in the first quarter of the 2025 financial year was 19.6%.Chief executive Nick Wells told shareholders at the annual meeting that first-quarter sales for the 2026 financial year were in line with the group’s expectations, as “we enter the important second quarter t...