Retail Stocks

[winner69]

Holy smokes that travel increase!!! (probably off a small base).

No wonder AIR CEO, G Foran, is buying millions worth of his company. Kiwis love to fly and have been cooped up in the nest for awhile now

LEK might have to add AIR to the retail update

Thanks for posting Winner(n)

Yes raws travel spend on a roll

June20 was 151m and June 21 it was 259m and last month 478m

Pre-covid average month was about 470m so getting back to normal eh

Entertainment probably fans buying Ed Sheeran and Gun N Roses tickets lol

[LaserEyeKiwi]

Holy smokes that travel increase!!! (probably off a small base).

No wonder AIR CEO, G Foran, is buying millions worth of his company. Kiwis love to fly and have been cooped up in the nest for awhile now

LEK might have to add AIR to the retail update

Thanks for posting Winner(n)

I have plenty of MCK shares for the inevitable bounce back to normalcy in tourism.

[LaserEyeKiwi]

KMD loses Kathmandu CEO:

https://www.nzx.com/announcements/395545

[LaserEyeKiwi]

Weekly update:

36985321-8F79-48A9-B565-13B754319475.jpg

[LaserEyeKiwi]

International shipping costs continue to drop:

4AF34193-DC74-4329-B416-ACE4F683B77B.jpg

[Waltzing]

Countries seem to be putting pressure on those blocking sea lanes to get supply chains moving.

Human business models are not eco friendly and will continue to put pressure on margins going forward.

Having said that inflation may well have peeked and if so well... it's back to the races, where are the oysters and champagne...french please...

[Waltzing]

winner(n) , index of retail prices.

how it going ...

[LaserEyeKiwi]

Walmart downgrades its guidance:

Walmart on Monday cut its quarterly and full-year profit guidance, saying inflation is causing shoppers to spend more on necessities like food and less on items like clothing and electronics.

The big-box retailer said it now anticipates adjusted earnings per share for the second quarter and full year to to decline around 8% to 9% and 11% to 13%, respectively. It had previously expected them to be flat to up slightly for the second quarter and to drop by 1% for the full year.

Inflation has grown at the fastest pace in four decades. As consumers face higher prices at the gas pump, grocery store and restaurants, some customers have begun to make choices of where to spend money and where to pull back.

Walmart said more customers are turning to its stores, which are known for low prices, to fill their pantries and fridges — but they are skipping over general merchandise that they can live without

[winner69]

Restaurant brands guidance says reduced profits from covid staff shortages and rampant cost increases

https://www.nzx.com/announcements/395951

[bull....]

Restaurant brands guidance says reduced profits from covid staff shortages and rampant cost increases

https://www.nzx.com/announcements/395951

massive cost increases DUE TO INFLATION . mc d's said the same thing in the US