JB Hi-Fi Rises as Company Forecasts Sales Growth

JB Hi-Fi Rises as Company Forecasts Sales Growth

Brendon Thorne/Bloomberg

Sales will climb 5.5 percent to A$3.3 billion ($3.5 billion) in the year ending June 2013, and the company plans to add 16 stores to its 168-branch network, Melbourne-based JB Hi-Fi said in a statement today.