I am going to revise my earlier comments re the implied SSSG being positive 1-2% in 2H ... I have just updated my little BLX model and I am now calculating negative 1% SSSG in 2H16. When these retail stories start printing negative SSSG it is usually a very bad signal such as (but not limited to) increasing competition, store canabilization, poor inventory management. Time will tell if any or all of these are in play .....
Ann: Trading Update-BLX.AX, page-9
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$2.41 |
Change
0.030(1.26%) |
Mkt cap ! $546.6M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.42 | $2.37 | $386.1K | 161.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3488 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 1679 | 1 |
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