Analysis of JB Hi-Fi, Judo Capital, Ramsey Health Care
Fund Manager Chris Pedersen discusses JB Hi-Fi, Judo Capital Holdings and Ramsey Health Care.
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JB Hi-Fi was established in 1974 by Mr. John Barbuto (JB), trading from a single store in East Keilor, Victoria. He had one simple philosophy: to deliver a specialist range of Hi-Fi and recorded music at Australia’s lowest prices. The business was sold in 1983 and by 1999 another nine stores were opened. In July 2000 JB Hi-Fi was purchased by private equity bankers and senior management with the aim of taking the successful model nationally. In October 2003, JB Hi-Fi was floated on the Australian Stock Exchange. Now, maintaining Barbuto’s original philosophy, JB is one of Australasia’s fastest growing and largest retailer of home entertainment.
In July 2004, JB bought the Queensland Clive Anthony chain of stores which sell consumer electronics, white goods, cooking appliances and air-conditioning. These locations have now been converted into JB Hi-Fi HOME stores, where you can find everything you love about JB plus more.
JB stores offer the world’s leading brands of Computers, Tablets, TVs, Cameras, Hi-Fi, Speakers, Car Sound, Home Theatre, Portable Audio and stacks more.
JB Hi-Fi also offers the largest range of games, recorded music, DVD music + Blu-Ray and DVD movies and TV shows, all at cheap prices! Everything you are after is available in one of our stores or online.
JB Hi-Fi has it all – best brands, huge range, cheapest prices, convenient locations, but most importantly genuine personal service from our experienced specialist staff.
Fund Manager Chris Pedersen discusses JB Hi-Fi, Judo Capital Holdings and Ramsey Health Care.
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JB Hi-Fi (ASX:JBH) has announced Q1 FY25 results, with a 4.9% total sales growth in JB Hi-Fi Australia, 19.6% growth in New Zealand, and 5.3% for The Good Guys.
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Two top ASX companies have revealed significant changes in their senior leadership -- both of which set up candidates for the top job down the track.
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JB Hi-Fi's (ASX:JBH) massive special dividend could not disguise the weakest trading performance in four years for the 2023-2024 financial year—since 2020 and the start of the pandemic. However, it wasn't truly needed given the upbeat news about the retailer's strong trading in the first month of the new financial year.
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The recent lackluster performance of JB Hi-Fi (ASX:JBH), marked by weak profits and dividend cuts, has drawn attention to the resilience and success of smaller players in the retail sector. Two notable standouts, Temple & Webster (ASX:TPW) and Breville (ASX:BRG), have defied expectations with solid financial reports despite challenging economic conditions.
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Despite analysts claiming that JB Hi-Fi (ASX:JBH), the country’s leading consumer electronics retailer, surpassed expectations with its lower result, the near 20% slash to the interim dividend tells a very different story.
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Australian consumer electronics giant JB Hi-Fi (ASX:JBH) has reported sluggish growth, following Super Retail Group's earlier announcement of a stable but unremarkable start to the 2023-24 trading year.
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A nearly 25% reduction in the size of its final dividend revealed the true story behind JB Hi-Fi's (ASX:JBH) annual results released on Monday.
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The reality of the Reserve Bank’s rate rises and falling real household incomes has finally caught up with electronic and whitegoods retailer JB Hi-Fi.
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A higher dividend was about all the good news in JB HiFi’s interim report on Monday as sales growth in Australia slowed dramatically, especially for its Good Guys whitegoods business.
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JB HiFi delivered a strong rise in sales and a double-digit jump in half-year profits thanks to strong demand during the Black Friday and Boxing Day promotions.
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