Totally agree BP two years ago same computer system was $300 dearer one day later on Black Friday....... PB Tech
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Yes you are Scrooge McDuck :p
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Go for another swim in your vault of gold coins and leave the spending to us millennials. We love credit and consumption ;)
Update and Q1 sales today
Quarterly sales will be bad but totally irrelevant in the context of lockdowns etc etc
More important is that Q2 sales will be TOTALLY AMAZING ……putting half year growth into double digits
No worries (and Stephen agrees with me)
That’s good grimy.
I went to Bunnings yesterday to get screws and some weed killer. First real retail trip out for yonks.
With population getting older and many with shopping traits like percy and us and the younger ones seem to be pleading poverty more and more you’d think that over time retail (non-food) growth would be getting more subdued as time passes.
My only shopping (other than groceries or doctor visits) has been click & collect garden supplies. And my first proper shop will also be Bunnings/Mitre 10 for bits and pieces to complete a few jobs.
Unfortunately WHS doesn't really do DIY stuff other than some furniture and garden. Perhaps fortunately as I'd hate to see the mess in the hinges/screws/nuts and bolts aisle if the shoe aisle is anything to go by..........
Sales down on pcp as expected
Gross Margin down 200 basis pints - jeez thats huge. If applied to the full year that's about a $70m impact on bottom line
But Nick has got it covered ...all fixed now ....only a temporary matter no worries
Gross profit margin reduced 200 basis points to 32.9% for the first quarter compared to the same quarter in FY21, largely due to increased clearance sales as we had a build-up of winter seasonal stock due to the COVID-19 lockdown timing. There has also been a change in product
mix with the limitations of lockdown shopping.