Waltz- the only retailer to increase sales is MHJ??
Printable View
Waltz- the only retailer to increase sales is MHJ??
Zb afternoon host read out a text of how cheap the butter etc are at Whs. Wonder who sent it, smart move
"increase sales is MHJ"
snowed under with software this winter. Need another large curved screen up rotating dash board of info to remember.. Was just looking at MHJ result again!!!!
hard to believe!!!
and re checking WHS inventory and sales.
FY22Q3 (13 weeks)
-----------------------LYQ3-- YTDQ3 ----VAR
Total all stores AUD 118.5 131.6 11.1%
perhaps winner() can find something very wrong beneath the surface.
Good positive indicator for retail generally over the last few months. Notably I see N.Z. sales were up 3% so some encouragement there on the domestic front with N.Z. retail spending.
"sales were up 3%"
SP's on the retail stocks seem a bit stuck and perhaps forming a base here. The market doesnt want to get to far ahead with inflation pushing down on them by the looks.
of course if they can maintain the DIV's it does provide an opportunity to ACCUMULATE.
BUY HOLD SELL ACCUM.
Publish the AVE DIV a while back after winner published the numbers since early last decade.
New management seems to want to hike the DIV and push the SP up perhaps because it build into performance incentives to come.
C suite salaries to increase along with performance share options parcels.
doesnt accept bitcoin yet but you never know..
Yes I think accumulate on any untoward weakness is a good strategy and expansion of food is currently priced as a free option.
Government certainly making plenty of noise as are consumers. https://www.msn.com/en-nz/news/natio...0dea76f7088ab6
I think Nick is copying Walmart, (up 11% YTD in the US) who are also making waves against the supermarket chains there. Walmart doing well in the US as consumers change their buying behavior for generic basic brands. Incidentally, Walmart is on ~ 29 times FY22 earnings, pays a 1.6% dividend yield and is the street rates it a BUY
https://www.marketscreener.com/quote...41/financials/
Plenty of love for Walmart by the experts on CNBC.
Bull - I posted the details of WHS superb track record of dividends a few pages back. Please go and have a look at that post before making nonsense claims about WHS dividend track record. The average dividend overt the last 20 years or so including during the GFC is about 23 cps which is about 32 cps gross. I posted average analyst dividend expectations going forward yesterday, 20 cps, rising to 24 cps in FY23 and 25 cps in FY24.
WHS also do really good work in the community, see 18 pages of it here https://www.thewarehousegroup.co.nz/...ccm_paging_p=1 and paid back the wage subsidy, (about $60m from memory) so there are elements of feel good about investing in them too.