Yes, Garry's certainly conservative when it comes to setting expectations.
I'd be surprised if they over achieved to the extend of last year. 2021 would have seen Morrisons outperform well above expectations (well, that's my view). I don't see it beating budget buy such a large margin in 2022.
Wouldn't complain if they did. And as stated Garry is conservative so I see their guidance as "in the bag" with almost no downside risk.
SEQ Price at posting:
67.0¢ Sentiment: None Disclosure: Held
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