People are Googling JB Hi-Fi (ASX:JBH), with this stock ranking in the TOP 5 for finance-related searches on Google in Australia today.

JB Hi-Fi is an Australian retailer of consumer electronics and home appliances. The company operates over 200 stores across Australia and New Zealand, and has a strong online presence. JB Hi-Fi offers a wide range of products, including televisions, computers, mobile phones, gaming consoles, and white goods. JB Hi-Fi's operations are divided into two main segments: Retail and Online. The Retail segment generates the majority of JB Hi-Fi's revenue and earnings. The Online segment is growing rapidly, and now accounts for over 10% of JB Hi-Fi's sales.

The trending news today about this stock relates to JB Hi-Fi share price has surged an impressive 29% in the past six months. Can the ASX retail share perform well from here? JB Hi-Fi is one of Australia's leading retailers, selling a wide array of personal electronics and appliances through three divisions – JB Hi-Fi Australia, JB Hi-Fi New Zealand and The Good Guys.

The company's recent trading update for the first three months to 30 September 2023 showed JB Hi-Fi Australia sales fell only 0.1% and JB Hi-Fi New Zealand sales were up 1%, though The Good Guys sales were down 12.2%.

The company's expected profit in FY24 is forecast to fall compared to FY23 – it could make earnings per share (EPS) of $3.52. This would put the JB Hi-Fi share price at 16x FY24's estimated earnings, according to Commsec.