Most people don't know this (which is a joke), but Nick Scali sacked 50 employees.
They only have 107 stores, which is almost 5 sales people per store.
Of course, some may have been from other divisions, but I believe NCK runs a very lean organisation, without a lot of fat.
All you story buyers, believing in $20 share prices, blue sky horizons, boom times, foot traffic (almost as f***g bad as a company announcing website hits) etc.
Yet the company is doing the opposite and sacked staff.
Sacking (conceptually) 5 sales people per store is a sign they are bracing for impact.
Ann: Full Year Results Announcement NCK, page-29
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NCK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.82 |
Change
0.000(0.00%) |
Mkt cap ! $1.263B | |||
| Open | High | Low | Value | Volume |
| $14.76 | $15.05 | $14.58 | $5.212M | 351.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 731 | $14.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.90 | 731 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| NCK (ASX) Chart |