Let us not forget that Core Retail sales (basically everything but vehicle related) have never gone backwards on an annual basis .... at least this century
Currently sales are 12% higher than pre-covid so not too bad
But probably will be 'more subdued' times over next year or so ..... and 'more subdued' is generally not a good time for retailers
Interesting factoid but from an investing perspective what does this mean?
Because listed retailer revenue, earnings and dividends certainly can and do go backwards from time to time
Interesting factoid but from an investing perspective what does this mean?
Because listed retailer revenue, earnings and dividends certainly can and do go backwards from time to time
That's why I mentioned a 'more subdued' retail environment is often not a good time for retailers ..... some might struggle to 'grow' the top line which is not good if margins come under pressure and expenses continue to go up
Wonder how many updates mention 'subdued' or 'challenging' market conditions over the next year or so
At the top of every bubble, everyone is convinced it's not yet a bubble.
Looking forward to buying some HLG at 9 p/e, That's $3.83 a share
There might be a "few" people ahead of you in the queue @ $4
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Aussi retail a bouncing kanga ... just ahh out standing ... could have been much much worse. Still the R word mention in the next 18 months? Gosh that would take investors back into TD's but are the SHAZ now the new gamblers at the track side. Addicted to the new retail share platforms and there is no going back.
Reply With Quote
Originally Posted by winner69
Bookmarks