HVN 0.66% $4.51 harvey norman holdings limited

FWIW this seems like a great news story for...

  1. 3,808 Posts.
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    FWIW this seems like a great news story for HVN:
    https://www.channelnews.com.au/black-friday-a-major-success-for-oz/
    Didn't want to start a new thread so here it is instead

    I do find it funny nobody wants to mention HVN in any positive retail story:

    Data also shows that between Black Friday and Cyber Monday, online spending was a lot higher than in-store spending – up 238% for department stores and for electronic goods, compared to the average daily spend in November – with retailers like JB Hi-Fi and The Good Guys reaping the rewards.

    Like HVN isn't a beneficiary like JBH LOL
    Gerry's comments on Black Friday weekend were pretty decent also:
    disallowed/business/companies/through-the-roof-retailers-reap-the-benefits-as-shoppers-go-wild-for-black-friday-20191202-p53fxc.html

    "[Sales] went through the roof," co-founder and chairman Gerry Harvey told The Age and The Sydney Morning Herald. "Friday was good, Saturday was better, and Sunday was sensational."


    "It's gone mad. It's a new phenomenon."


    Something tells me the inevitable demise of HVN has just been delayed yet again, it's certainly been dying a slow and painful death for a longtime now if you listen to the naysayers

    When will they learn?
    In the meantime bring on the Santa Claus Rally!
 
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