Interesting you mentioned Adairs - along with Myer the closest in the list of companies you mentioned to the types of things Dusk does. Its half yearly report was pretty poor.
Group sales of $291.4 million, down 10.1% on a comparable 26-week basis
Gross profit down 6.8%
CODB down 3.9% with cost management initiatives fully offsetting inflationary pressures
from higher wage rates, payroll taxes, rents and utilities
Underlying Group EBIT of $28.6 million (27 weeks: $30.9 million), down 19.3% on a
comparable 26-week basis
Their margin and CODB were better and they paid off some debt but still that doesn't suggest a company growing and going places. I suspect in their case investors have decided that the worst has already happened and that is why Adairs' share price is improving.
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Last
$1.17 |
Change
0.030(2.63%) |
Mkt cap ! $72.85M |
Open | High | Low | Value | Volume |
$1.15 | $1.18 | $1.14 | $101.3K | 87.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8596 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 22611 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8597 | 1.170 |
1 | 3000 | 1.165 |
3 | 12712 | 1.160 |
1 | 723 | 1.150 |
2 | 14723 | 1.140 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 22611 | 3 |
1.180 | 21744 | 2 |
1.185 | 291 | 1 |
1.190 | 1013 | 2 |
1.200 | 723 | 1 |
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