Mix of good and bad in this full year results:
Good
Sales brew by 10%
Profits increased.
- introduction of new brands like Sample which is a female clothing brand. Currently thru General Pants. Hope it goes Ok as they need more women's gear.
- FXD is expanding into Europe and US
- Strong growth in apparel in US
- introduced some new brands in Aust with MISFIT and Xlarge
- very strong growth in Aust and paying a Div
- Hard to tell but looks like the US business was almost in the black second half
Bad
- sales in Europe and the US have really tanked with second half looking down over 20% in Local currency. This looks to be mainly due to a transition from hard good sales to footwear and apparel.
- looks like Boy London and Vision were duds and have been dumped.
- strong US$ squeezed margins but not too severe.
- forecast flat for next year but hope to get more info from the AGM.
- Forums
- ASX - By Stock
- GLB
- Ann: COMPANY ANNOUNCEMENT - RESULTS YEAR ENDED 30 JUNE 2016-GLB.AX
Ann: COMPANY ANNOUNCEMENT - RESULTS YEAR ENDED 30 JUNE 2016-GLB.AX, page-2
Featured News
Add GLB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.70 |
Change
-0.030(1.10%) |
Mkt cap ! $111.9M |
Open | High | Low | Value | Volume |
$2.70 | $2.70 | $2.70 | $32 | 12 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 454 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.70 | 496 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 454 | 2.200 |
1 | 465 | 2.150 |
1 | 10000 | 2.130 |
1 | 1563 | 1.920 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
2.700 | 496 | 1 |
2.710 | 706 | 1 |
2.850 | 1000 | 1 |
2.880 | 929 | 1 |
3.600 | 2000 | 1 |
Last trade - 14.32pm 26/07/2024 (20 minute delay) ? |
Featured News
GLB (ASX) Chart |