Both Cettire and Nick Scali shares had strong rebounds, following the publication of their half year results. This was significant for several reasons : - market expectations for both companies were quite cautious (cf H1 24 guidance for Nick Scali and slowdown of global luxury spendings for Cettire), - major recent disposal from substantial shareholders for both companies (which has proved that it was not an indication of future short term results).
I am curious to see the results of other retailers, which may be quite different. Anyway, still quite confident regarding Shaver Shop, given the valuation which seems to discount a major deterioration.
