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BUZZ-Australia's JB Hi-Fi hits all-time high on HY results beat

Reuters
02/10
BUZZ-Australia's JB Hi-Fi hits all-time high on HY results beat

** Shares of electronics retailer JB Hi-Fi JBH.AX rise as much as 5.5% to their all-time high of A$108.08

** Co posts 8% rise in HY NPAT to A$285.4 million ($178.49 million), beating Visible Alpha consensus estimate of A$278.3 million

** Declares interim dividend of 170 Australia cents per share, higher than Jefferies estimate of 166 cents

** Says January comparable sales growth for JB Hi-Fi Australia was 7.1% vs consensus estimate of 4.3% growth

** As of last close, stock up 10.5% YTD

($1 = 1.5990 Australian dollars)

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com;))

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