Business
Is the JB Hi-Fi (ASX:JBH) share price a buy after reporting?
Is the JB Hi-Fi Limited (ASX: JBH) share price a buy after releasing its FY21 half-year result?
JB Hi-Fi shares rose 3% yesterday in reaction to the report.
One broker has already had their say on what they thought of the electronics retailer’s result.
Highlights from the JB Hi-Fi report
For the six months ending 31 December 2020, the retailer reported that its total sales went up 23.7% to $4.9 billion. A growing component of that is the online sales, which rose 161.7% to $678.8 million – this made up 13.7% of the overall sales.
Looking at each individual segment, The Good Guys grew revenue by 9.1% to $1.45 billion and online sales went up 86.1% to $148 million. Management said that there was continued elevated customer demand…
-
General16 hours agoClean-up underway after stormy weather hits, 400 calls for help in Sydney
-
Noosa News18 hours agoFeral pigs devour 99 out of every 100 lambs on this Central West NSW farm
-
General7 hours agoMelbourne Cup five quick hits: Melham magic, Blake Shinn falls, and concern over blood from Half Yours’s mouth
-
General5 hours agoOsborne Park Football Club suspended for two years after Stephen Hawking costume controversy