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JB Hi-Fi shares plunge 12.3% after July sales slip
✓ Source-backedMoney & Work

JB Hi-Fi shares plunge 12.3% after July sales slip

Shares fell to $71.65 after July same-store sales dropped 1.4% compared to the previous year.

Why it mattersJB Hi-Fi is a bellwether for Australia's discretionary retail sector, so the fall signals tighter consumer spending across the economy.

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