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clock Created with Sketch. 28/11/23
16:53
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Originally posted by zenxmen:
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I think the new management deserve credit. After covid and being taken off the ASX, I personally am gratefully the company is still functional and the comparison with 2019 (the year before covid hit) with now is telling. I think Olivers have had to adjust to survive but our family are still am happy with enough of the healthier old options still on the menu and even though they have chicken nuggets, they are at least trying to make them healthier (eg baked not fried) so i give them credit for that. I think this Christmas will be a good one and even though the new northbound Olivers may not be the same as the old (not sure yet) we will be visiting as to be frank, its still well above the competition for us. ..... Whilst there is still a while to go, we agree with these sentiments "The improved results are testament to the strategy of re-structuring the business over the last two years and continued rebuilding of the brand and customer proposition. This is best demonstrated by comparing key aspects of FY2019 performance - the last full year before COVID-19 impacts - to FY2023."
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X there was a lot of low hanging fruit to fix that was bleeding money, now they are improved the real challenge begins, and that is getting more bums on seat's.
