NCK 2.16% $16.57 nick scali limited

What's going on?, page-136

  1. 105 Posts.
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    Well if Plush (and similar) are cannabalising Nick Scali stores, at least NCK is capturing profit from an improved Plush to balance a flatter Scali, meaning benefit stays within the "NCK Group" (as long as gross margins at Plush are maintained and improved). I would prefer that to not having a Plush at all, and seeing sales go outside the group.....
 
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