Re Sofas2Go, apparently the company is constrained by their NSW Delivery Centre, which is (according to Macquarie) running at 120% capacity. There is a new DC due in 2017 in NSW which is expected to coincide with a further rollout of S2G stores.
I also read that NCK is interested in a couple of the Master's sites that will be on the chopping block soon.
And comforting to see that the 20% price increases progressively levied in 1H2016 had a minimal impact on volume, and that overall sales growth was strong!
Ann: Nick Scali Ltd H1-16 Results Announcement, page-6
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Last
$15.69 |
Change
0.710(4.74%) |
Mkt cap ! $1.337B | |||
| Open | High | Low | Value | Volume |
| $15.06 | $15.69 | $14.98 | $6.506M | 420.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 874 | $15.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.69 | 2358 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NCK (ASX) Chart |