Interesting that this stock is just 7 % above pre-covid level,...

Interesting that this stock is just 7 % above pre-covid level, looking at the performance since FY 19.

FY 19-FY 23 performance :
. + 71 % for number of stores,
. + 15 % lfl sales,
. + 211 % for digital sales (it went from 10 % of total sales to 19 % now),
. + 80 % for revenues,
. + 61 % for EPS,
. + 112 % for dividend.

The picture is not very different if we look at the most recent period when there was a sudden deterioration of consumption :
- H2 23 EBITDA : + 11 % yoy with + 12 % yoy for sales (+ 8 % lfl),
- first 7 weeks of FY 24 : + 2.8 % for sales, with stable gross margin.