About $7m a year = pretty good I'd say
Why you ask?
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I'd say that it depends on the day of the week and the time of the year.
A quick look shows the Glassons NZ had sales of $83 million out of 68 stores. So that's an average of of $1,228,000 per store per year, or $23k per week.
Obviously there is going to be a huge difference between big stores and smaller stores.
Westpac Consumer Confidence Survey results out today
Households are feeling jolly, with consumer confidence rising for a second quarter in December, leaving it at slightly above average levels.Households in rural communities have become much more upbeat following strong rises in dairy prices. Households on lower incomes have also become more optimistic
Great news for HLG - jolly consumers love buying clothes and things - expect boomer Xmas sales ....and for rest of the summer
Maybe that 35 cents EPS for F17 is under threat - percy, maybe that EPS will get close to 40 cents?
If HLG did have a really good year and Earnings were close to 40 cents a share what would share price be?
Surely heaps more than $3 .......maybe $5 plus
Looking forward to that
Took the lead from you mate
You mentioned an EPS of 35 cents .....you generally onte conservative side .....and indications (like those consumer confidence numbers) suggest thecworld isa lot happier
So just adding a bit to your conservative 35 cents = close to 40 cents