JB Hi-Fi Ltd shares fell over 5% to $98.09 after quarterly sales growth missed expectations.
Citi analysts noted results were slightly below both Citi and consensus forecasts.
The Good Guys' like-for-like sales slowed to 4.1% in Q3, down from 5.9%, with February–March growth at just 3% versus Visible Alpha’s 5.3% and Citi’s 6% forecast.
Downgrades are expected, especially for The Good Guys.