Mitre10 can do better...may be hire Woolworths CEO who just left few months ago..!
obviously turn around would cost but it will be solid in long-run as Bunnings is just monopoly and there is space for competition.
but weaker AUD will impact Woolworths and MTS both...wait until Woolworths results come out next week which won't include impact of lower AUD as it is up to Dec 2024.
MTS Price at posting:
$3.15 Sentiment: None Disclosure: Not Held
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