"...and retail was travelling badly before that"Not really....

  1. 3,817 Posts.
    lightbulb Created with Sketch. 516
    "...and retail was travelling badly before that"

    Not really. Prior to COVID:

    https://hotcopper.com.au/data/attachments/2101/2101940-12bedba0ae3a0bce579447e25e76e7b3.jpg
    LFL sales up, online growing nicely. Gross margins improving, stock turn improving.


    "Going to be some horrific surprises given their stores aren't even open..."

    Agree, there will be additional costs in the annual report. But almost every company will have one-offs. Doesn't really mean too much.
 
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