Stronger LFL sales in H2 is very pleasing, especially when the company has said it wants to retain gross margin.
The one off charge to close 17 Glue Stores is a sensible approach and hopefully builds into a Glue Store network that is profitable and earns its ROIC targets.
Let’s hope ‘the market’ likes this trading update.
Stronger LFL sales in H2 is very pleasing, especially when the...
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Last
$2.16 |
Change
0.200(10.2%) |
Mkt cap ! $1.213B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.20 | $1.97 | $16.49M | 7.724M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10610 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 44816 | 6 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |