Inching closer and closer to the 2 events that will prove dusk is a longterm growth share imo and start the rerate:
1. Not having fresh results compared to the unsustainable uptick from the WFH boom in 2020 +
2. Living in a post lockdown world so we can actually trade 100% of the time
Without discounting the fact that they pulled 20m ebit during a period of 24% store days lost (and likely reduced foot traffic for the other 76%), once we get some consistent normalcy their growth in fundamentals will read amazingly.
If i recall Dusk advised in their prospectus that any store they open is instantly profitable, and this was before the growth in their market, very hard to bet against that.
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