JB Hi-Fi lifts sales in March quarter

Retailer posts increase in sales, plans to undertake on-market share buyback.

JB Hi-Fi (JBH) has lifted comparable sales by 3% in the three months to March, the retailer told the Macquarie Australia Conference.

The group also plans to spend about $27.2m to buy back up to 1.4 million shares on market, it said in a separate announcement.

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