Rawz - you didn't include RBD --- uP year to date
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"retail MHJ is the one true retailer standing up"
well Mr B has alluded to the shopper coming under pressure and may have a wee bit late to realise that if the Next Variant coughs over into air waves even faster.
The big sick might be like a rolling black out in country's.
That might kick the retail shopper to the side lines as they suddenly hunker down in the HUT and forget to shop!!!
For a while anyway and all retail stocks except EBO take a hit.
Pairs of underpants keep selling and socks mitten and jackets but your loved one engagement finger gets let ring less for a QTR.....
Sell MHJ now and rebuy in 6 months if the market updates recover.
well the boosted rocket after burners are about to be lit and will it save retail is the question.
It’s not quite as impressive when you realize they are talking about quarter on quarter increase with that +43% figure, which is primarily due to the previous quarter being such a trough.
A bit of an odd release - the charts dont look very good, but keeping in mind it was in the middle of Omicron outbreak then it does look pretty good. They hide the year on year data a bit, but still some low percentage growth there for December.
Attachment 13492
Attachment 13493
WOW - December qtr sales up 43% truly impressive --- in seasonally adjusted terms
Actual sales for quarter were up 7% on pcp - the September quarter sales were down 17% on pcp
Pertinent to Glassons AU is that Aug/Dec (HLG year starts August) sales up 0.1% on pcp
With Glassons gain share at a fast rate of knots and with their superior online offering Glassons should have had a pretty solid 5 months and half year could be close to +10% up
Taken footwear out of the numbers so just clothing