Often a sign that a company is very boring and unexciting (and yet well run) when there is little interest on HC. Management have long history in discretionary retail, sizeable financial stake and sensible growth plans. While competition means margins will never reach dizzying heights, the weighting of 90% of products to private labels gives the company some flexibility in sourcing and pricing. While the company's products are mainly discretionary, the wider home decoration is huge and ADH are creeping into more and more categories each year. Certainly a company worth watching IMO.
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