You can see why CEO talking acquisitions - to a certain extend Red Sheds ain't doing the job as the growth engine
I've updated this chart to Jan 2020 (WHS half year) - all you can conclude Rd Sheds sales are still not keeping with overall retail spend but you can say they are not losing market share as fast as they have in the past.
Interesting chart as it tells a lot of stories and when you think about it it might challenge some peoples perceived view of who Red Sheds customers really are.
Just as well margins have expanded and they have cut costs as again Red Sheds financial performance might have been a disappointment
No worries though because these times are different eh
Why do you have so much history on Red Sheds winner? Started from an consultancy/project exercise and morbid fascination as to how Red Sheds might evolve over time has inspired me to keep it all up to date ..... maybe another chapter being written in their history, just maybe. Hope springs eternal they say
Last edited by winner69; 23-05-2021 at 09:28 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
You can see why CEO talking acquisitions - to a certain extend Red Sheds ain't doing the job as the growth engine
I've updated this chart to Jan 2020 (WHS half year) - all you can conclude Rd Sheds sales are still not keeping with overall retail spend but you can say they are not losing market share as fast as they have in the past.
Interesting chart as it tells a lot of stories and when you think about it it might challenge some peoples perceived view of who Red Sheds customers really are.
Just as well margins have expanded and they have cut costs as again Red Sheds financial performance might have been a disappointment
No worries though because these times are different eh
Why do you have so much history on Red Sheds winner? Started from an consultancy/project exercise and morbid fascination as to how Red Sheds might evolve over time has inspired me to keep it all up to date ..... maybe another chapter being written in their history, just maybe. Hope springs eternal they say
Great depiction of Red Sheds lagging behind overall covid retail boost ...maybe a case of high tide raising all boats here ...Not a fan of WHS management skills and decisions ....but they can get their act together in this opportune time ...lest they will be punished again by markets .
You can see why CEO talking acquisitions - to a certain extend Red Sheds ain't doing the job as the growth engine
I've updated this chart to Jan 2020 (WHS half year) - all you can conclude Rd Sheds sales are still not keeping with overall retail spend but you can say they are not losing market share as fast as they have in the past.
Interesting chart as it tells a lot of stories and when you think about it it might challenge some peoples perceived view of who Red Sheds customers really are.
Just as well margins have expanded and they have cut costs as again Red Sheds financial performance might have been a disappointment
No worries though because these times are different eh
Why do you have so much history on Red Sheds winner? Started from an consultancy/project exercise and morbid fascination as to how Red Sheds might evolve over time has inspired me to keep it all up to date ..... maybe another chapter being written in their history, just maybe. Hope springs eternal they say
interesting chart - thanks for sharing!
I would think Kmart growth has gobbled up some of the red sheds share of retail growth over the last 5 years as well, given that it is probably the closest thing to a direct like-for-like competitor to the red sheds. I could be wrong, but Kmart growth has now slowed somewhat as they simply have less locations to expand too.
‘however WHS isn’t priced for any growth at all really, so even if red shed growth is mediocre, the good growth from its other operations, and improving margins and operational efficiency and addition of strong online growth - I still consider it undervalued.
Last edited by LaserEyeKiwi; 23-05-2021 at 01:32 PM.
Catch up mate - management said after the most recent earnings that they are keen for acquisitions.
I stand corrected, last time was in Standard 1 when I was asked to state Pi to 27 decimals. Yikes I do not like that then. I would be super surprised if the Tindalls would support but hey you never know. I will throw an idea out there, Carters, Your Building Partner! Isn't CHH selling assets,
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Originally Posted by LaserEyeKiwi
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