JB-HI FI reaffirms guidance after solid Q3

JB Hi-Fi has reaffirmed its full-year profit guidance following comparable sales growth across its Australian, New Zealand and The Good Guys operations.

JB HI-Fi has reaffirmed its full year profit following comparable sales growth in Q3 FY19. (AAP)

JB Hi-Fi has reaffirmed its full-year profit guidance after third-quarter sales growth across all three of its businesses.

Comparable sales from its Australian JB Hi-Fi stores rose 1.5 per cent on the prior corresponding period, while JB Hi-Fi New Zealand sales rose 4.6 per cent and sales from white goods retailer The Good Guys increased 1.0 per cent

The electronics and entertainment retailer says full-year profit is expected to be between $237 million and $245 million, an increase of between 1.6 and 5.1 per cent on 2018.