The Good Guys has delivered 6.9% sales growth for the year ending in June 2025 with gross profit climbing 8.2%.

The primary appliance retailer who is undergoing a major update to their online operation which is tipped to deliver additional sales growth saw sales increase by 6.9% to $2.87 billion, with comparable sales up 6.5%.

The key growth categories were Floorcare, Portable Appliances, Cooking and Computers.

Online sales increased by 9.9% to $425.4 million or 14.8% of total sales.

Gross profit increased by 8.2% to $672.4 million with gross margin up 28 bps to 23.5%. CODB was 14.6%, up 65 bps, and in absolute terms grew 11.9%. Underlying CODB4 was 14.2%, up 17 bps, and in absolute terms grew 8.2%, with an investment in store wages to support increased store traffic.

EBIT increased by 1.1% to $159.8 million, with EBIT margin down 32 bps to 5.6%. Underlying EBIT4 was up 9.7% to $173.5 million, with underlying EBIT margin up 15 bps to 6.1%.

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