Company Performance: Revenue, profit margins, and overall financial health directly influence investor confidence and stock price.

Economic Conditions: Broad economic factors like interest rates, inflation, and GDP growth affect consumer spending and the housing market, impacting JB Hi-Fi's sales.

Retail Sales Data: Monthly retail sales figures provide insights into consumer demand for electronics and home goods, influencing JBH's perceived value.

Competitor Activity: Actions by competitors, such as pricing strategies or new product launches, can impact JBH's market share and profitability.

Consumer Confidence: Consumer sentiment and willingness to spend significantly affect JBH's sales, impacting its stock price.

Supply Chain Issues: Disruptions to the global supply chain can affect product availability and costs, potentially impacting JBH's financial performance and stock valuation.

Interest Rate Changes: Higher interest rates can dampen consumer spending on discretionary items, affecting JB Hi-Fi's sales and stock price.

Market Sentiment: Overall investor mood and risk appetite can influence trading activity and stock valuations, including JBH.

Management Decisions: Strategic decisions made by JB Hi-Fi's management team, such as acquisitions or expansion plans, can impact investor perceptions and stock price.

Australian Dollar Exchange Rate: Fluctuations in the Australian dollar's value can affect the cost of imported goods and potentially impact JBH's profitability.