Like for like (LFL) store growth above 7% is fantastic in this retail environment. The release of annual results in late August should make for interesting reading.
The management team at Adair’s have a great omni channel offer and a great loyalty program.
I am hoping that free cash flow is either being used to pay down debt and/or invested in expanded stores. Let’s hope inventory is being well managed.
Cheers.......Daicosisgod
Ann: ADH Wilsons Rapid Insights May 19, page-2
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