Company Overview
JB Hi-fi was established by John Barbuto (JB) in 1974 and opened its first shop in Melbourne. In 1983, it was sold to Bouris and Rodd who expanded the company and, later on, sold the majority of their holding to a private equity, Next Capital Pty Limited. The company’s share was floated in Australian Stock Exchange in 2003 at IPO price of $1.55.
JB Hi-Fi, has diversified its business from predominantly selling music CDs, and is now a major retailer for televisions, audio/visual, photography, portable audio, in-car entertainment, computer/video games, DVD movies, gadgets and information technology equipments.
By 30 June 2009, the company currently has 123 stores in Australia and New Zealand and management has
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We derived the number based on 5 years average of each variable’s percentage as compared to sales.
% to sales
2005 2006 2007 2008 2009 Average
Depreciation 1.16% 1.07% 1.15% 1.15% 1.03% 1.11%
Capex 4.45% 4.19% 3.86% 4.02% 2.43% 3.79%
NWC 7.74% 8.42% 7.80% 7.08% 5.61% 7.33% We do recognize several potential shortcomings of the approach in forecasting future performance:
1. As the economic condition and consumer sentiment improves, JBH might be able to fully capitalize and book unexpectedly strong growth in the next several years. On the other hand, if expected economic recovery turned out to be a disappointment, or management decided to abruptly halt the company’s expansion, the assumed growth rate might be too optimistic.
2. We assume that the company will be a going concern entity and maintain growth in line with the economy. However increased competition, loss of market share, unsuccessful management strategy, or even potential bankruptcy due to various reasons is just examples of the less cheerful scenario for the company.
3. The company’s ability to generate profitability might not be constant and subject to a lot of factors.
4. The approach we use to forecast capex, depreciation and NWC is admittedly inadequate. However, it is very difficult to make a reasonable assumption without the knowledge of management strategy, depreciation schedule and other
QP provided Jahafraka with a CBT activity geared towards, dealing with disappointments. QP explained to Jahafraka that the activity will explore and address the following factors, the ability to identify, recall and describe episodes of not getting one’s way, ability to identify, and alter, automatic negative thoughts that contribute to disappointment, ability to identify and modify bodily manifestations of distress associated with this emotion and the ability to identify and modify words and actions associated with the emotion of disappointment. QP asked Jahafraka to list some things he feels disappointed about. QP examined with Jahafraka, how he handles disappointments. QP brainstormed with Jahafraka the consequences for reacting poorly
JB Hi-Fi Limited (JBH) is a specialty discount retailer of branded home entertainment products. The group's products fall into consumer electronics, car sound systems, music, Digital Versatile Disc’s (DVD’s) and white-goods. JB Hi-Fi Limited achieved revenue growth of 17%, EBIT growth of 23% and NPAT growth of 26% for the year ended in 30 June 2010
JB Hi-Fi is an Australian retailer of consumer electronics it began in 1974, where Mr. John Barbuto (JB) established JB Hi-Fi in East Keilor, Victoria. His main focus was to deliver a special range of Hi-Fi and recorded music at the lowest prices in Australia and New Zealand. Mr. John Barbuto sold the business in 1983 and by 1999 another nine stores were opened. In July 2000 private equity bankers and senior management purchased JB Hi-Fi. In October 2003, JB Hi-Fi was floated on the Australian Stock Exchange. This company still maintaining Barbet’s original philosophy, JB is one of Australasia 's fastest growing and largest retailers of home entertainment.
James Hickman was always destined for greatness, but that moment was yet to reveal itself in his future. From age 5 to 7 James life was rocky, he would soon find himself being transferred in and out of4 mental institutions, 5 different group homes, 17 times in detention centers and eventually St. Charles juvenile prison at the age of 13. James recalls one incident where he was given a powerful drug called ‘Thioridazine, Mellaril and other strong drugs in which he couldn’t move, talk, scream or cry “all I could do was lay there and wait for the drugs to wear off.” James Hickman beat the odds for the future that was being laid out in front of him by the system, after severing ties with addiction and homelessness in 1990 thru 1996 James ended up serving time in Iowa State Prison in Fort Madison.
During my research of the High, intensity focused ultrasound (HIFU) for Prostate Cancer treatment. I found these facts and information on the topic of the HIFU treatment:
nearly 400.The main Headquarters is in the state of Victoria. The only one supermarket in Australia
Description: JBL is a well-recognized name in the music world. The JBL GTO638 sure make claims as the best car speakers for bass which compelled me to do a JBL GTO638 review.
Current Organizational Structure Strategic planning and strategic implementation often times requires heavy consideration of the company’s current organizational structure. In the case of Radio Shack, very little reliable information is provided to truly evaluate the company’s current organizational structural design. The last published document containing any relevant information regarding their structure dates back to 2008. In an article posted by ImagingInfo.com, Radio Shack had introduced a new organizational structure under the then Executive VP, Bryan Bevin which was to better align the company to successfully support the company’s goals.
JB Hi-Fi is a retail company listed on Australian stock exchange (ASX). It is headquartered in Melbourne Australia. It was founded in Keilor East, Victoria, Australia in 1974. This company deals in consumer electronics, CDs, DVDs, video games and Blu-ray discs. Among consumer electronics, JB Hi-Fi is retailer of LCD and LED television. For photography purpose JB Hi-Fi deals in audio/visual and digital cameras. It has supplies portable audio, in-car entertainment, computer/video games, gaming consoles and accessories, white goods (fridges and freezers), gadgets and information technology. From year 2012, JB Hi-Fi has extended its product line and made its business more diversified and started dealing in other accessories, such as CB Radios, IP and fixed surveillance camera systems, musical instruments such as guitars, electronic keyboards, Ukuleles and guitars, and professional DJ equipment such as CD mixers,
Adaptation is essential to survival. Humans as a species share this primal knowledge of Social Darwinism and have applied it fittingly to our societal interactions and business endeavors. People, as well as companies are subject to its whims and as such must either adapt or fail. However, a company cannot know its standing or how to better its chances of survival in a cutthroat, profit-oriented business world without a thorough understanding of its own abilities and evolutionary advantages (or lack thereof). Therefore, it is necessary to periodically analyze the financial strengths and weaknesses of a company in order to ensure that it is doing
Use of company branding in the marketing mixIntroduction.The JB HI-FI company brand has established itself as a leader amongst Australian home entertainment retail stores. Their philosophy has always been to provide Australians with the cheapest prices and biggest range. As a value player in the entertainment electronics retail market, JB HI-FI has continued its’ marketing theme of “Cheapest Prices Always”. Having grown from ten retail outlets in 1999, JB HI-FI now has 141 stores (Australia: 131 NZ: 10) with $2.731 billion of sales for the year ended 30 June 2010. JB Hi Fi is Australia’s largest home entertainment discount destination store. For over thirty years their philosophy has always been to provide Australians with the cheapest
I think it is clear the Gillette should brand the cassette under the already established name and make a move to organize the industry with an aggressive promotion against the consumer – playing highly on the division’s strength in the marketing of mass-distributed packaged goods. I think it would be smart to open up the distribution to all possible outlets, including supermarket chains but also upping distribution significantly with electronics and high fidelity stores. Also, focusing on the teen, adult, and entertainment target groups through being one of the first using TV advertising could be very helpful.
As of January 28, 2006, the Company operated 851 stores in the United States and Canada.
As JB Hi-Fi is transparent in their corporate reporting, they have been rewarded for this by being ranked in the top three of AMR’s Corporate Reputation Index for the past six years. A leading research consultancy company, AMR frequently studies corporations and each year announces a list of companies with the best Corporate Reputation according to seven parameters; Products and Services, Innovation, Workplace, Citizenship, Governance, Leadership and Performance (AMR 2015). This further concretes that JB Hi-Fi has endeavoured to safeguard its intergrity and this is reflected to all.