Originally Posted by
Daytr
JameST, I didn't say this year, but this was put out two years ago & they have only achieved 5% of that, where as in NZ & Aust they are pretty much on target give or take.
XRO have invested heavily in the US for little or no return at this point. They have admitted their initial strategy failed in the US.
If their is a target put out you expect it to be achieved within a reasonable time frame, 5 years at most, but more like 2-3 imho. The market obviously expected that, with the ridiculous valuation that was applied.
And it still expects I would suggest minimum 300% increase in US sales if not 500% this year.
Good luck with that.