17 August 2026 | 9:14AM AEST Equity Research JB Hi Fi Ltd. (JBH.AX): FY26 First Take: FY26 in line, weak trading update GS View: FY26 results were broadly in line with consensus with JB Australia EBIT -1% on weaker sales and gross margins offset by The Good Guys +7% ahead on gross margins. JB Australia LFL sales growth turned negative in 4Q26 at -0.8%. The July sales trading update is well below consensus FY27 expectations with JB Australia LFL sales growth -1.4% vs. VA consensus +2.5% FY27 and TGG -1.7% vs ...