What Buffett pays for furniture businesses, page-15

Hi Ben0, see other thread. I think fair price is $6.20-$7.30 - not that much further to go from initial posting and that's still my target.

This takes into account the large drop in expected volume this quarter due to consumers holding off purchases and having pre-purchased.
They've got double risk this time due to Plush acquisition... double the complexities.

Woollydog I'm not suggesting GFC but I'm suggesting medium term high inflation which will put pressure on families to re-allocate funding at home, and forward brought sales during during 2020-2022 which gave the capital for NCK to take the punt on Plush.

One of the most knowledgable retail leaders, Solomon Lew, had some great commentary this week if you care to take a look. He is saying people are still strangely spending, they are almost conditioned to it (I agree), but I suspect, they'll be spending on low priced ticket items to get their fix rather than couches.

Have a look at the SP of furniture players in Europe/USA...