State government mandated restrictions meant 31% lower trading days with a estimated sales impact of around $30million and EBIT impact around $16m
Add that back in and compare to FY’20
The most important thing here is that its business model is in good shape going into a much less restricted Covid -19 environment and the desire to WFH and keep the family home a comfortable and safe place means the demand for Adairs products continue unabated.
I hope the SP crashes today as I am ready to buy more and hold for the long term.
Ann: ADH Trading Update, page-6
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Last
$2.32 |
Change
-0.040(1.69%) |
Mkt cap ! $407.9M | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.38 | $2.29 | $1.433M | 617.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2866 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 12866 | 2 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| ADH (ASX) Chart |