You think? Even with Auckland being in lockdown with retail closed for 3 months? (Mid-August to Mid-November)
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what on earth does this share think its doing. Obviously AUS is breaking new shopping records.
If sales are good this goes to $7
If sales are bad this goes to $4
Suppose we’ll get an update before they announce half year late March
Wonder how much that ‘significant’ shortfall they mentioned will be?
Briscoes has less sales and profits in Aug/Jan period than last which doesn’t bode well for HLG in NZ ….c’mon Glassons AU, pull the group out of the crap (again)
Kathmandu said H1 sales were flat v pcp and said they were likely report a loss for H1 (EBITDA of $9m must be a loss at NPAT?)
Good thing about that announcement from a HLG perspective was that although the NZX was almost down 2% the KMD share price went up.
Market starting to look through covid stuff .... good sign for HLG share price when they have an update
kmd up on markets weakness . and more weakness coming.