On Monday, the Australian electronics retailer said its net profit was up 37 percent to $151 million for the six months ended 31 December 2017, compared with $110 million for the same period a year ago.
The company also posted net profit after tax (NPAT) figures of $151.7 million, which is up 21% compared to the same period past year (HY17 came in at $125.4 million).
The Good Guys saw total sales revenues of $1.10 billion, which is a rise of 318%, although this huge growth was a result of the company only consolidating one month's sales for HY17 (as JB Hi-Fi acquired TGG in November 2016).
As for its earnings before interest and tax (EBIT) it bolstered over the period, rising by 25 per cent or by $45 million rising to $226 million.
North Korea invites South Korean president to visit
During Saturday's meeting, Moon also called for the North to step forward to engage in talks with the U.S. Moon said he wanted to "create the environment for that to be able to happen", according to the office.
Looking at the JB Hi-Fi Australia business unit, the company reported a gross profit increase of 9.8% to $545.3 million, resulting in a gross margin of 22.0%.
Following its sale to JB Hi-Fi in November 2016, The Good Guys posted a 4% total sales decrease in January, versus 5% growth recorded past year.
Online sales, in particular, were a particularly strong growth area, surging 40.6 per cent to $119.3 million.
Management has controlled The Good Guys for 12 months now, and although it's still early days, the acquisition's performance has underwhelmed compared to JB's Australian segment.
Republicans approves massive budget deal Video
There was far less drama in the Senate , where the measure sailed through by a 71-28 tally once Paul's protest ran its course. He said he hoped his stand would teach conservatives "to not accept just anything because it comes from a GOP Congress".
However, there was some weakness in the company's results - particularly from its New Zealand business.
The practice of Australians generally buying new electronics for new homes has led to JB Hi-Fi being seen as a bellwether for the housing sector, which is said to be overheated.
New Zealand remains a weak spot for JB Hi-Fi, with sales dropping 0.4%, however, lifting 2.4% for The Good Guys NZ. The forecast indicates a 13% - 16% lift of underlying results, compared to the previous period.
"We are pleased to have delivered record sales and earnings in the first half", chief executive Richard Murray said. JB Hi-Fi came in at No. 218, and is only the third Australian retailer to boast a place.
NY attorney general files suit against Weinstein Co
The lawsuit states that any sale of the company "must ensure that victims will be compensated". A Weinstein attorney did not immediately respond to a request for comment.
- 5 jumbos killed on tracks in Assam
- School Fires Teacher After She Marries Same-Sex Partner
- Reuben Foster Arrested on Suspected Domestic Violence Charges
- Walt Disney World Ticket Prices Increased Beginning Today
- 19 killed, dozens hurt in Hong Kong double-decker bus crash
- NBC Apologizes After Japan Comment Draws Anger in South Korea
- Conte: Pressure is fine for me and my players
- Israeli settlements complicate the task of making peace
- Kim Jong-un invites South Korean president to Pyongyang
- Qld lightning strike injures man in shower