AX1 0.23% $2.20 accent group limited

Agree.But the real test was really H2 23.H1 23 was very good in...

  1. 4,142 Posts.
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    Agree.
    But the real test was really H2 23.
    H1 23 was very good in particular because they had a lot of stores closed during H1 22.
    H2 23 was the real test as it was impacted by a sudden large deterioration of consumption, in particular during Q4.

    I was not expecting such a good performance for H2 : lfl sales increase, slight increase of gross margin and good level of inventory at the end of the period.
    That's a good performance vs the other retailers and in particular the ones who are targeting the same demographics.

 
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