Discount electronics retailer JB Hi-Fi reports improved trading conditions for September and October

Discount electronics retailer JB Hi-Fi reports improved trading conditions for September and October. Shares in retailer JB Hi-Fi have surged over 7% following comments from recently appointed CEO Mr Richard Murray. At the Company's AGM today Murray said trading in September and October had improved following a weak end to FY14 and a soft trading over July and August. Murray said better recent trading conditions had seena return to growth in their sales figures and positioned the business well leading into the Christmas period. recent product releases, including the launch of the new iPhones and Microsoft Surface 3, combined with improved stock availability of both the PS4 and Xbox One gaming consoles, have assisted us in returing to sales growth. These products will help to drive sales through the Christmas period. You can read the further commantary from the CEO's address here: (VIEW LINK)


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