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.
State government mandated restrictions meant 31% lower trading...
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Last
$2.25 |
Change
0.050(2.27%) |
Mkt cap ! $392.1M | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.26 | $2.16 | $617.5K | 276.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7804 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 5594 | 13 |
View Market Depth
| Last trade - 11.35am 19/08/2024 (20 minute delay) ? |
| ADH (ASX) Chart |