One disappointing set of retail numbers and everyone is throwing the baby out with the bath water when it comes to quality retail stocks like Accent.
This is probably only second to JB Hi Fi when it comes to quality, so I can't for the life of me understand the selloff. Millennials like my son love spending in their stores and even some trendy old bastards like myself have a couple of sets of Vans for different occassions and where I work the tradies love the Cat clothing and this level of activity is unlikely to wane because of a virus , unless of course it has troubles with its supply chain, but with China winning against the virus , I can't see it being an ongoing problem for too long.
Christopher
AX1 Price at posting:
$1.32 Sentiment: Hold Disclosure: Held
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