Skip to Content
scroll

JB Hi-Fi (JBH) $51.71

JBH $5.42%: Reported 1H22 earnings this morning that were down 2% on last year but very much inline with market expectations – not surprising given the result was pre-released, however what was a surprise was a $250m off market share buy-back while they also talked up sales strength in January. While no guidance was given due to COVID (this was expected), a good start to the calendar year and confirmation the business is performing well (tight inventory management resulting in good cash conversion).

JBH
MM remains neutral JBH around $52
Add To Hit List
chart
image description
JB Hi-Fi (JBH)
Back to top