Some positive surprises among the consumer stocks, page-6

@gragou02
Thanks for your posts yesterday following Nick Scali results.

You reminded me a point that I tend to forget with consumer stocks : there is a significant difference between the companies who produce first (and try to sell later) and the ones who sell first (and produce later).
I wonder what other listed retailer we could include into this category. The only other one I have in mind is Joyce (specialised in kitchens and bedding).

Not necessarily related to that, one business model which I find interesting now related to consumer stocks : the companies which have a high gross margin and high marketing costs, resulting in a high EBITDA margin.
2 companies in particular : Step One and EZZ Life Science.
Both are selling only on line and have high return thanks to high margin and low capex.
The main questions are probably their ability to keep growing and whether they will be able to keep high gross margin (due to rather high prices for their respective category of products).