JB Hi-Fi Limited (ASX:JBH) 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), trading from a single store in East Keilor, Victoria.
JB Hi-Fi (ASX:JBH) has given another update to the market. It’s expecting a big profit jump in FY20.
ASX shares are on watch today as the government again considers ending jobkeeper for businesses that have recovered.
The S&P/ASX 200 (ASX: XJO) was trading down 0.83% at lunchtime today.
Is JB Hi-Fi (ASX:JBH) the best ASX retail share to buy today? It just gave its sales update for the third quarter of FY20.
Today, the All Ordinaries (ASX: XAO) was trading -0.12% lower, with shares of Boral Limited (ASX:BLD), JB Hi-Fi Limited (ASX:JBH) and Flight Centre Travel Group Ltd (ASX:FLT) moving the Australian share market.
The S&P/ASX 200 (ASX: XJO) is expected to trade modestly higher today with the Sydney Futures Exchange pointing to a positive open. Right now, the ASX 200 is priced 0.41% from its 52-week high of 7051.6.
JB Hi-Fi Limited (ASX:JBH) shares will be a focal point for ASX investors today following the release of its 2020 half-year financial report.
Lovisa Holdings Limited (ASX:LOV) shares are down 4.5% following the release of their Annual General Meeting presentation. Are Lovisa shares now good value?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.
