It's that gross margin that never seemed sustainable, imo. BBN GPM was around the 33%-34% range until covid when it suddenly went up to 37%-39%. Even more weirdly, it didn't flow through to operating margins.
The winter for these covid retailers has definitely arrived. BBN's a reasonably good retailer and should be OK. It's been added to my watchlist. I still think there's a fair bit of water that needs to pass under the bridge before sentiment improves.
Ann: Trading Update and FY23 guidance, page-9
Add BBN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.40 |
Change
0.015(1.09%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.41 | $1.36 | $202.6K | 147.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17478 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 3131 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BBN (ASX) Chart |