DSK 0.60% 84.0¢ dusk group limited

Ann: DSK FY23 Announcement, page-14

  1. 222 Posts.
    lightbulb Created with Sketch. 37
    Profit is higher than I had pencilled in.

    Slight decline in member renewals, decline in online sales is disappointing.

    Interesting that inflation has shown us we have little to no pricing power despite being the dominate player as we've just copped the gross margin hit.

    NZ on hold is not a good sign, -15% on FY23 already for FY24 and I can't see that improving.

    No surprises that I have noted to be completely honest but I think this has confirmed I made a mistake buying in and will likely exit which is disappointing because different capital allocation decisions would have yielded a different outcome
    Last edited by FutureCashFlow: 30/08/23
 
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