Ann: MOZ - Results update H1 FY22, page-5

this is an example of Moz getting caught up in the general panic about consumer discretionary stocks. Main points are:
1.People are avoiding going to brick and mortar stores due to Omicron (temporary issue now that boosters are rolled out)
2. Moz does not rely on brick and mortar stores like most; it has just announced a huge increase in online spending.
3.Fundamentals will win when financials are announced.

Mosaic’s record online sales offset lockdown

Shares rally in retail group Mosaic, which owns Katies, Noni B and Rockmans, following bullish online sales trading with earnings set to top forecasts.