link
JB Hi-Fi (JBH) is a chain of electrical stores, selling leading brands of hi-fi, speakers, televisions, DVDs, cameras, car sound, ہوم theatre, computers, white goods, portable audio and a variety of music, games and movies.
The company has been able to grow its sales over the last 5 years in what can only be described as one of the most difficult trading conditions for retailers in over 20 years.
JBH’s strategies for growth are simple: increase the number of stores, increase sales, and through that, increase profit. JBH’s expansion is not only in the Australian market, but also in New Zealand. Since entering the New Zealand market in early 2007, it has opened 13 stores.
Margin growth and consumer optimism
JBH’s 1H13 results impressed on several fronts, with sales revenue reaching $1.3 billion, 3.1% higher than the 1H12 result. Its net profit climbed to $82.1 million, a 3% improvement compared to the prior corresponding half.
JBH’s most surprising result was its gross margin, which increased سے طرف کی 28 basis points. This was a very impressive result considering that the gross margin of its competitor, Harvey Norman, fell سے طرف کی 260 basis points over the same period.
We think that the operating environment for retailers is looking مزید optimistic, with the Westpac Consumer Sentiment Index returning to a reading of over 100 in the last survey.
In its latest reading, the consumer sentiment index settled at 102.2 in June, 4.7% higher compared to the prior month’s reading.
Sales and profit upgrade
Last ماہ JBH announced an update to its گزشتہ sales and net profit after tax (NPAT) guidance for FY13.
The company now expects sales in FY13 to be around $3.3 billion and NPAT to be within the range of $112.0 million to $116.0 million, a 7% to 11% increase in NPAT on the prior year.
The گزشتہ FY13 guidance was for sales circa $3.25 billion and NPAT within the range of $108.0 million to $112.0 million.
JBH کہا the upgrade has been driven سے طرف کی stronger than expected sales in the سیکنڈ half of FY13.
Specifically the company کہا sales growth in Australian and New Zealand for the four months ended 30 April 2013 was 10.3% and comparable store sales growth was 3.0%.
Outlook
While the opening of 13 new stores in FY13 drove much of JBH’s impressive sales growth, comparable sales growth was still solid.
JBH’s 3% comparable stores sales growth is running at a much higher level than fellow retailers David Jones who saw a 3.4% decline in comparable stores sales in the حالیہ quarter and Myer who only saw a 0.4% rise.
The other factor we see helping JBH is the lower Australian dollar. We think this over the long-term will see consumers turn back to retail stores as the online market becomes relatively مزید expensive.
Overall, we see continued strength for JBH’s share price to be driven سے طرف کی strong sales growth and solid margins
JB Hi-Fi (JBH) is a chain of electrical stores, selling leading brands of hi-fi, speakers, televisions, DVDs, cameras, car sound, ہوم theatre, computers, white goods, portable audio and a variety of music, games and movies.
The company has been able to grow its sales over the last 5 years in what can only be described as one of the most difficult trading conditions for retailers in over 20 years.
JBH’s strategies for growth are simple: increase the number of stores, increase sales, and through that, increase profit. JBH’s expansion is not only in the Australian market, but also in New Zealand. Since entering the New Zealand market in early 2007, it has opened 13 stores.
Margin growth and consumer optimism
JBH’s 1H13 results impressed on several fronts, with sales revenue reaching $1.3 billion, 3.1% higher than the 1H12 result. Its net profit climbed to $82.1 million, a 3% improvement compared to the prior corresponding half.
JBH’s most surprising result was its gross margin, which increased سے طرف کی 28 basis points. This was a very impressive result considering that the gross margin of its competitor, Harvey Norman, fell سے طرف کی 260 basis points over the same period.
We think that the operating environment for retailers is looking مزید optimistic, with the Westpac Consumer Sentiment Index returning to a reading of over 100 in the last survey.
In its latest reading, the consumer sentiment index settled at 102.2 in June, 4.7% higher compared to the prior month’s reading.
Sales and profit upgrade
Last ماہ JBH announced an update to its گزشتہ sales and net profit after tax (NPAT) guidance for FY13.
The company now expects sales in FY13 to be around $3.3 billion and NPAT to be within the range of $112.0 million to $116.0 million, a 7% to 11% increase in NPAT on the prior year.
The گزشتہ FY13 guidance was for sales circa $3.25 billion and NPAT within the range of $108.0 million to $112.0 million.
JBH کہا the upgrade has been driven سے طرف کی stronger than expected sales in the سیکنڈ half of FY13.
Specifically the company کہا sales growth in Australian and New Zealand for the four months ended 30 April 2013 was 10.3% and comparable store sales growth was 3.0%.
Outlook
While the opening of 13 new stores in FY13 drove much of JBH’s impressive sales growth, comparable sales growth was still solid.
JBH’s 3% comparable stores sales growth is running at a much higher level than fellow retailers David Jones who saw a 3.4% decline in comparable stores sales in the حالیہ quarter and Myer who only saw a 0.4% rise.
The other factor we see helping JBH is the lower Australian dollar. We think this over the long-term will see consumers turn back to retail stores as the online market becomes relatively مزید expensive.
Overall, we see continued strength for JBH’s share price to be driven سے طرف کی strong sales growth and solid margins
Ruby's P.O.V
their i was on the X-Factor stage. i heard them say a name. but it wasnt mine not my name they کہا in pure excitment. my دل dropped in sadness. i walked off wiping the fresh tears coming down my face. "hey Rub's آپ alright" asked my older brother harry. "no hazz im not i didnt make it okay go ahead laugh" i say running in the car. he came for me he pulled me in for a hug. "no worries love آپ will be found" says harry kissing my head. we arrived ہوم seeing nialll smashing on some chips. he ran to me asking if i made it. i frowned and he hugged me. and handed me a chip. i smiled and grabbed the bag. "MINE NOW" i say laughing heading upstairs. niall was following behind me laughing also.
their i was on the X-Factor stage. i heard them say a name. but it wasnt mine not my name they کہا in pure excitment. my دل dropped in sadness. i walked off wiping the fresh tears coming down my face. "hey Rub's آپ alright" asked my older brother harry. "no hazz im not i didnt make it okay go ahead laugh" i say running in the car. he came for me he pulled me in for a hug. "no worries love آپ will be found" says harry kissing my head. we arrived ہوم seeing nialll smashing on some chips. he ran to me asking if i made it. i frowned and he hugged me. and handed me a chip. i smiled and grabbed the bag. "MINE NOW" i say laughing heading upstairs. niall was following behind me laughing also.
It 7:00 AM and my mom called me from downstairs. "HONEY! IT'S TIME TO GO!"
I got my backpack and headed downstairs.
"Bye mom!" I waved goodbye and walked outside.
I was surprised because I found a limo instead of what I would thought it would be. A big truck.
A man in a suit escorted me into the limo and then we were off. But that is not all.
"Hi." the '5 nice boys' کہا to me.
"Hi?!?!"
It was 1D. Oh.My.God.
"I'm Liam"
"I'm Harry"
"I'm Louis"
I'm Niall"
"And I'm Zayn."
And I was like 0_0
"LA here we come!" Niall exclaimed.
The driver turned the radio on and surprisingly enough, it was MY song.
No not Rebecca Black. Not Justin Bieber...
ME! Jenette Gold.
What could be better? Your own song on the radio, in a limo, with 1D singing along to it?
NOTHING. JUST NOTHING.
I got my backpack and headed downstairs.
"Bye mom!" I waved goodbye and walked outside.
I was surprised because I found a limo instead of what I would thought it would be. A big truck.
A man in a suit escorted me into the limo and then we were off. But that is not all.
"Hi." the '5 nice boys' کہا to me.
"Hi?!?!"
It was 1D. Oh.My.God.
"I'm Liam"
"I'm Harry"
"I'm Louis"
I'm Niall"
"And I'm Zayn."
And I was like 0_0
"LA here we come!" Niall exclaimed.
The driver turned the radio on and surprisingly enough, it was MY song.
No not Rebecca Black. Not Justin Bieber...
ME! Jenette Gold.
What could be better? Your own song on the radio, in a limo, with 1D singing along to it?
NOTHING. JUST NOTHING.
I woke up to my cat, Amy, purring اگلے to me.
Suddenly, my phone rang. It was the record label!
"Hello? Is this Jenette Gold."
"Ms. Gold! Hello this is Jim!"
"Hi Jim"
"Next Friday آپ are going to LA for your big show, remember?"
"Yes."
"You will have 5 nice boys coming along with you. Is that okay?"
5 nice boys..5 nice boys...I tried to think who it will be. "I don't mind." I replied to Jim. "Okay then! I will see آپ later."
Jim hung up.
I tried to think of who those "5 nice boys" would be until I looked at my poster across the room..."
Suddenly, my phone rang. It was the record label!
"Hello? Is this Jenette Gold."
"Ms. Gold! Hello this is Jim!"
"Hi Jim"
"Next Friday آپ are going to LA for your big show, remember?"
"Yes."
"You will have 5 nice boys coming along with you. Is that okay?"
5 nice boys..5 nice boys...I tried to think who it will be. "I don't mind." I replied to Jim. "Okay then! I will see آپ later."
Jim hung up.
I tried to think of who those "5 nice boys" would be until I looked at my poster across the room..."
ok so im trying پرستار fic agien
alerm clook gos off
cassey: i dont what to get up
mom: cassey get down here now
cassey: *mumbles* آپ just dont get it do you
mom: cassey now یا eles
joe: yah cassey nooowwwww
cassey: *mumbles agine* i hate my brother
cassey gos down stairs
mom: your gonna get it
cassey: how * in a reley scard way *
mom: well آپ will see
dad: take it easy on her
cassey: bye
cassey walks out door
amanda: ارے its looser ha ha ha
cassey: well at leat i dont wher so much make up i look like a clown
amanda: well at lest i dont need make up like آپ do
Buse pulls up
at scool
cassey: ارے thay look like one direction
alerm clook gos off
cassey: i dont what to get up
mom: cassey get down here now
cassey: *mumbles* آپ just dont get it do you
mom: cassey now یا eles
joe: yah cassey nooowwwww
cassey: *mumbles agine* i hate my brother
cassey gos down stairs
mom: your gonna get it
cassey: how * in a reley scard way *
mom: well آپ will see
dad: take it easy on her
cassey: bye
cassey walks out door
amanda: ارے its looser ha ha ha
cassey: well at leat i dont wher so much make up i look like a clown
amanda: well at lest i dont need make up like آپ do
Buse pulls up
at scool
cassey: ارے thay look like one direction
آپ can tell that in One Direction's تصاویر they have a connection. Even though all five boys are different, with different styles- they still connect.
All five boys had a crush on a girl who was competing against them in the x-factor, she played an instrument. (Not many of those people win)
آپ may question, "how do five boys that are totally different connect so good?" Well I know!
Harry, Louis, Nial, Liam, and Zayn all experienced the same things. They all tried so hard to become what they love. SINGERS.
I'm no expert, but I know a lot about them. Even though the boys all drive Zayn crazy... they are all silly. That's why we love them, we are too.
آپ can always see the confidence in the boys when they take pictures together, they feel the love.
All five boys had a crush on a girl who was competing against them in the x-factor, she played an instrument. (Not many of those people win)
آپ may question, "how do five boys that are totally different connect so good?" Well I know!
Harry, Louis, Nial, Liam, and Zayn all experienced the same things. They all tried so hard to become what they love. SINGERS.
I'm no expert, but I know a lot about them. Even though the boys all drive Zayn crazy... they are all silly. That's why we love them, we are too.
آپ can always see the confidence in the boys when they take pictures together, they feel the love.