CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Australia's JB Hi-Fi slides as domestic first-quarter sales turn negative

By Reuters News03:41 (UTC), 29 October 2026 Updated

** Shares of JB Hi-Fi JBH.AX fall as much as 3.1% to A$68.48, their lowest level since September 30

** Stock set for third consecutive session of losses, if current trends hold

** The consumer electronics retailer says first-quarter sales at its key JB Hi-Fi Australia unit fell 0.4%, compared with a 6% growth a year earlier

** Adds October sales slowed ahead of Black Friday and Christmas trading periods amid heightened competition

** Stock down 27.4%, YTD, including moves in current session

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