Business

In a trading update accompanying the full-year results, JB Hi-Fi revealed sales growth went backwards across the majority of the group in July.

JB Hi-Fi boss warns trading ‘has got a little bit harder’

JB Hi-Fi boss Nick Wells says he has seen a sharp downturn in trading in July as the combined impact of higher interest rates, a poorly received Federal Budget and a cooling housing market kept shoppers away.

Updated
Read more (2 min) →