Why do we own JB Hi-Fi

JB Hi-Fi (ASX: JBH) was established in 1974 as a single store in Melbourne by John Barbuto, who had one simple philosophy: to deliver a specialist range of Hi-Fi and recorded music at Australia’s lowest prices. Today, the business has grown into a leading retailer of consumer electronics, technology and telecommunication products, white goods and home appliances, software and other related accessories across Australia and New Zealand.

In addition to its online presence, the company operates over 200 stores under the brands JB Hi-Fi and The Good Guys. The company’s focus on competitive pricing, customer service, and an extensive product range has made it a trusted name in retail. JB Hi-Fi Business is the company’s newest and fastest-growing division, providing thousands of small, medium and enterprise businesses with an extensive range of products, ongoing maintenance services and professional advice.

JB Hi-Fi presents an attractive opportunity for investors due to its solid business model and financial strength. The company has a long history of adapting to changing technology trends and consumer preferences, allowing it to stay relevant and competitive. It maintains a net cash position, demonstrating financial stability, and consistently delivers earnings and dividend growth. With strong returns on investment and a disciplined focus on cost control and value creation, JB Hi-Fi remains an attractive investment for those seeking growth and reliable income.

ASX-listed JB Hi-Fi Limited is a direct holding in the Evidentia Quality Core Portfolio, which is held in the Partners Medium Term, Long Term, and Multi-Asset Income Portfolios.