Looks like google registered a spike in interest for Adairs on 24-Sep coinciding with the Miimi + Jiinda range (the Adairs website mentions it is almost sold out online).
Comparing the google trends data for Adairs vs Temple & Webster, I'm shocked that TPW trades at a $1457m market cap vs $550m for ADH, given that the majority of Adairs' revenue still comes from bricks and mortar stores. With the current level of revenue from physical stores, growth potential of Mocka and rates of growth that Adairs online as seen recently, I see great value at current stock price levels. The fully franked dividend yield compares favourably to many "value" stocks but with significantly more growth potential. All in my opinion DYOR.
ADH Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)