RE: Going concern analysis8 Feb 2022 08:40
Its good that they have got the results out so quick and given the headwinds flagged: Omicron, DC centre staff problems, HGV drivers shortage etc) they actually don't read too bad imo. Given these would have started to impact Revenue has noticeably increased, Store Revenue well up, even margin is up.
Just reminds us what's there when they deal with the remaining headwinds. Omicron is now over, Self isolation for employees and contacts now out the window. HGV drivers shortage - more recruited, cost cutting measures in place.
Definitely new range of stock online and in store and I'll be interested to see how their Valentine cards and gifts ranges sell. Might have a look myself at the weekend.
They did already say things were "normalising" so perhaps an overdone fall and the potential for a handsome return with a little bit of patience.