ASX Top 200 Stocks Down Under 29 August 2022: JB Hi-Fi (ASX:JBH)

JB Hi-Fi: Maybe it’s not so discretionary after all

Amidst 4-decade high inflation, ASX stocks in the consumer discretionary sector have been amongst the worst hit. Most of them have tried to persuade investors that they’ll be immune, arguing their goods really are essential items that consumers won’t cut back on. For the most part, those pleas have fallen on deaf ears and so it was the case with JB Hi-Fi (ASX: JBH) too. That is, until its FY22 results.

Click here to read the previous edition of ASX Top 200 Stocks Down Under published 22 August 2022.

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