DSK 0.66% 75.0¢ dusk group limited

Dusk released a trading update last year on the 29th December...

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    Dusk released a trading update last year on the 29th December and I'm confident they will do it again. In last year's release they quoted sales, EBIT and cash balance so it will be a driver of a movement in the SP.

    I'll be very interested to see this as in the trading update before the AGM the sales and LFL figures were of course lower than last year, however they commented that since all stores reopened (early November) in VIC, NSW and ACT the LFL figures were positive. Dusk will have been trading with stores fully open for about 8 weeks and if this positive LFL trend has continued, its quite possible that the sales and EBIT reductions quoted pre AGM will have moved in a good way. Also margins are stronger this year than last which will see a better EBIT even on lower sales.

    Really hard to estimate for a business like this, so I'm looking forward to seeing the figures!
 
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