WHS - Warehouse Group

[winner (n)]

Since that Tim took over JB HiFi their sales have grown from $260m to $466m

Noel Leeming sales are slightly down in same period (about $1,050m

So in 3 and bit years JB Hi Fi sales up $200m odd while NL stayed still best

Huge loss of market share fron NL

[winner (n)]

JB HiFi did have new stores but comparable (same store) sales were up 20.2% ..that's pretty good.

Be interesting to see what NL sales in H1 to January end up.

[BlackPeter]

You cannot view this attachment.

Anybody still remembers the times when WHS was above $7 per share? I know, it shows as well our age, but still - while they used to start at that stage plenty of new things, the core business was basically the same as today.

Did anything of the new stuff survive? Australia, travelinsurance, SIM cards, amazing bikes, ....

Down 90% ... where everybody gets a bargain.

[winner (n)]

You cannot view this attachment.

Anybody still remembers the times when WHS was above $7 per share? I know, it shows as well our age, but still - while they used to start at that stage plenty of new things, the core business was basically the same as today.

Did anything of the new stuff survive? Australia, travelinsurance, SIM cards, amazing bikes, ....

Down 90% ... where everybody gets a bargain.

Unlike you 'rampinh' a stock like this

[KW]

From the WES results...

Wesfarmers: Four years ago, as Australia was rocked by the early waves of COVID-19 inflation, Wesfarmers' Rob Scott declared that the conglomerate was going to go against the tide – while others took prices increases, Bunnings, Kmart and its other retail businesses would double down on extracting costs and improving productivity, and pump savings back into price where possible.
As inflation rears its ugly head again, Scott is sensing a similar moment. In the middle of last year, Wesfarmers saw inflationary pressures building and realised it needed to push even harder on productivity. And the headline numbers tell the story of success: revenue up 3.1 per cent across the group, profit up 9.3 per cent for the December half.
Now comes phase two: Bunnings, Kmart and Officeworks have dropped prices on thousands of products in the past few weeks.
"That's what's great about the Kmart and Bunnings business model. We've demonstrated that when we offer the lowest prices, we grow our sales. And through productivity initiatives, we can not only grow sales, but also grow profit," Scott says.

[Auto Rower]

https://api.nzx.com/public/announcement/470005/attachment/465453/470005-465453.pdf
getting back on track, C E O  Mark doing great work

[Basil]

Gosh, sales for the first 6 weeks of 2H down 0 2% wheras HLG up more than 20% for the same period. Chalk and Cheese.