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An announcement from JB Hi-Fi Limited ( (AU:JBH) ) is now available.
JB Hi-Fi Limited’s subsidiary, The Good Guys, has reached an agreement with the Australian Competition and Consumer Commission (ACCC) to resolve legal proceedings concerning advertising and fulfilment practices related to store credit promotions. The resolution includes a $13.5 million penalty and a remediation program for affected customers, reflecting The Good Guys’ commitment to compliance and maintaining consumer trust.
The most recent analyst rating on (AU:JBH) stock is a Hold with a A$70.00 price target. To see the full list of analyst forecasts on JB Hi-Fi Limited stock, see the AU:JBH Stock Forecast page.
More about JB Hi-Fi Limited
JB Hi-Fi Limited operates in the retail industry, primarily offering consumer electronics and home appliances. The company is known for its wide range of products and competitive pricing, focusing on delivering value to its customers.
Average Trading Volume: 326,252
Technical Sentiment Signal: Buy
Current Market Cap: A$11.88B
For an in-depth examination of JBH stock, go to TipRanks’ Overview page.