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NZ retail sales data yesterday was very strong
Actual Forecast Previous
3.3% 2.4% 2.8%
WELLINGTON, Aug. 24 (Xinhua) -- New Zealand's total retail sales volume rose 3.3 percent in the June 2021 quarter, following a 2.8-percent rise in the March 2021 quarter, the country's statistics department Stats NZ said on Tuesday.
"Most retail industries saw increases in spending, with rises across all regions," Stats NZ said.
http://www.xinhuanet.com/english/asi...1310144998.htm
mthly bollingers have it over $7 , will soon be worth more than HLG
Half Year Review
Briscoe Group Limited (NZX/ASX code: BGP)
Highlights for the 26-week period – 1 February 2021 to 1 August 2021:
• Total sales $358.4 million, +22.58%
• Online sales as mix of total Group sales, 16.16%
• Gross profit $166.66 million, +35.20%
• Gross profit % 46.50% vs 42.16% last year
• Net profit after tax (NPAT) $47.46 million, +69.63%
• Benefits from strategic initiatives being realised
• Interim Dividend 11.50 cps increased from 9.00 cps last year
https://www.nzx.com/announcements/379098
BGR best retailer
duke da man , we said bgp will be higher share price than hlg and it nearly is
What's amazing is that Q2 sales were a lot stronger than Q1 SALES
Rod said comarison to 2 years ago is more meaningful than last year
Q1 Feb thru March were 15% higher than 2 years ago
BUT Q2 SALES WERE A STAGGERING 22% HIGHER THAN 2 YEARS AGO
Staggering - outperforming Warehouse by miles