Business CostsThe AI-led tech replacement cycle will not be sufficient to offset approximately 4% growth in the cost of doing business, leading to further pressure on margins.
CompetitionIntensifying competition from Amazon and Officeworks, with Amazon hosting its longest Prime Day in Australia, could pressure JBH's market share.
Market ChallengesOther categories including TVs, appliances, and software will see more challenged growth due to household spending pressure.