JB Hi-Fi chief retires as company announces solid group profit
The New Zealand business posted a small loss amid an ambitious roll-out of new stores.
New Zealand revenues were up by 20% as the company opened new stores.
Trans-Tasman electronics retailer JB Hi-fi has announced a change of leadership and reported its full-year results, which showed a 5.4% increase in net profit to A$462.4 million ($506.6m).
In its statement to the ASX, the company also announced the retirement of chief executive Terry Smart, who will
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