its a tough environment I must admit though for a company peddling in discretionary consumer goods.
Is it though? Lots of quality discretionary retailers have done well this reporting season (JBH, NCK, LOV, ARB etc even STP!). A lot of companies without pricing power are using the COL story to excuse mediocre results. Aside from the 2 covid years when has MBH not been a story of mediocrity?
I guess it's a positive they are shutting down PCF and selling the assets.
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