Haven't read the report fully but first impression not a wonderful report but nothing unexpected either. Trading is down 28% over prior year for the first seven weeks. A very useful stat, they have given the dollar value of what 28% represents and this is $4.4m. This means total sales in the first 7 weeks of 1H21 were 4.4/0.28 = 15.7m. 7 weeks represent 27% of the total days in 1H but 15.7m is just 117% (15.7/19.9) of sales.
The point is, there is ample time to make up for the lost sales and 1H sales could come in around 10 - 15% lower than last year overall and this would still be up significantly on H120.
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