On the big days of this month’s earnings season, The Australian Financial Review’s Chanticleer columnists James Thomson and Anthony Macdonald will extract the gold from the key profit results.
James: Well Anthony, a huge week of earnings got under way with the classic retail bellwether JB Hi-Fi – and the news was surprisingly good. Yes, sales in the first six weeks of the new financial year were down 2.9 per cent, but that was much better than the 6.4 per cent drop the market expected.