-
Sort By
-
Newest
-
Newest
-
Oldest
One of the most surprising outcomes from the better-than-expected August reporting season was the strong performance of consumer discretionary retailers, as Australians continued to weather higher interest rates and inflation better than many analysts had feared.
Markets rally on weak inflation data, Link deal pulled, JB Hi-Fi CEO stepping down The ASX200 (ASX:XJO) managed to deliver another 0.4% gain with the materials sector the only detractor falling 1.0%. The fall came despite the iron ore price hitting a record of US$193, marking a long recovery from the US$50 lows of 2015. JB HiFi (ASX:JBH) was among…
One of the main themes that played out this reporting season was the absence of company dividends. The cash doled out by the largest 50 ASX listed companies was by in large withdrawn to conserve capital during the pandemic. A study released this week by Janus Henderson looked at the dividends paid out recently by…
JB Hi-Fi (ASX: JBH) has given another update to the market. It’s expecting a big profit jump in FY20. About the company JB Hi-Fi is one of Australia’s largest device and home appliance retailers with its network of The Good Guys and JB Hi-Fi stores. JB Hi-Fi was established in 1974 by Mr. John Barbuto (JB),…