RE: Interesting14 Jul 2020 17:14
Wyndrum
You are very downbeat - you glass is half empty . You seem to tune in on what might go wrong as to what might go right. Perhaps that is a great quality for an investor
I however, I am more optimistic. What resonated with me was, bring marketing spend forward (this will not have been possibl without strong performance given they will be under pressure to hit Q2 Contribution target and conserve cash), most of our competitors are shut , sales sounded good - talked positively about single matresses and we already know from a previous RNS that sales of premium products has gone well.
Whether the update is a damp squib will come down to what we are each expecting - I'm confidenf of a good update, where it may disappoint me is if the management are too pessimistic about the remainder of the period (as Halfords have been)