Slide 12 for the core JBH business suggests otherwise (EBIT worst since FY21).
Good Guys in all sorts of trouble.
Remember - this is a growth stock for larger ticket items - (Lovisa, Step One, Universal are cheap jewellery and clothing).
I'd suggest that the boomers are the only group with discretionary income to update - from their 5% term deposit returns and property investments.
Update "exhaustion" seems to be kicking in - it seems the boomers have all they need.
Above is not financial advice and my opinion only,
Ann: Results Presentation - 2024 Full Year Results, page-14
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Last
$72.72 |
Change
5.345(7.93%) |
Mkt cap ! $8.031B | |||
| Open | High | Low | Value | Volume |
| $71.33 | $74.66 | $70.71 | $34.69M | 473.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 54 | $72.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $72.72 | 48 | 5 |
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| Last trade - 15.06pm 12/08/2024 (20 minute delay) ? |
| JBH (ASX) Chart |