Australia's JB Hi-Fi eyes biggest weekly gain in over 4 yrs on upbeat annual results

JB Hi-Fi

16/08/2024 03:30

** Shares of JB Hi-Fi  JBH.AX  up 14.7% so far for the week,
on track for their biggest weekly gain since April 10, 2020
    ** For the day, shares up 1.8% at 0213 GMT
    ** The consumer electronics retailer on Monday announced a
special dividend, citing a strong net cash position, and
reported better-than-expected annual results 
    ** Stock up 43.2% YTD as of last close
    

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))