Even if sales not great v last year they’ll play the 10% higher than 2019 trick
Só all hunky dory then.
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Its turning into a stagflation future and thats a trading stock pickers market.
who wants to spend 6 dollars on coffee or you can buy a share with that.
Those old thermos's with some instant in it might be coming back as inflation wild fires break out and reserve banks panic.
I am really comfortable with my holding in the WHS with its staples and affordable brands. People are choosing more affordable brands https://www.stuff.co.nz/business/mon...f-living-bites
"People are choosing more affordable brands"
as ANZ noted in there consumer comments this morning with their half year results belts are tightening.
Beagles, must be reason why they are hunting ahead of the pack.
that rally in SP fizzled.....
JB HiFi NZ sales in March quarter up 4.8% on last year
Means Noel Leeming sales were up more than 5% in same period ....maybe even 8%/10%
That bodes well for WHS ---- jewel in the crown performing well