What a horrendous Xmas. Receipts down for the QTR 23% YOY, and QTR growth from Sep to Dec was a measly 16%, down from 122% in 2021. Everyone in the industry knows Q4 should cover 40% of annual sales and reflect what you saw in 2021. Costs might be down but customers are running for the exits.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14
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