Dear all, I know there is a lot of doom and gloom out there and understandably so, especially with stores shut in Victoria for the next 6 weeks. I am hoping that the EG sales, even at slim margins, can make up for this as at 4 stores a week opening, that is significant. It was good to see the Oliver's range at an EG store recently and I'm hoping that over time, sales are healthy, with 2 sections allocated to Olivers. The Oliver's stores we have visited over the past 2 months have been quite busy as well. Hopefully, Oliver's will scrape through. EG's yearly fee to Oliver's is a bonus as well as selling products in an increasing network. It will be tight but its possible, especially if stores reopen in Victoria in 6 weeks and NSW holds its own. Good luck to all.
OLI Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
