RE: Quarterly Update3 Apr 2020 13:43
I can understand some of your comments Rosewall, but you have to also take into account things like;
Mother’s Day - restaurant and pubs closed meant people staying at home to eat
School dinners - these meals have to be now added on to the weekly food bill
Pubs closed - additional home drinking
Restaurants closed - what percentage of meals were eaten out, now consumed at home
Up coming Easter period - again a lot of people dine out, now likely to buy more premium meals from supermarkets
Clothing shops shut - supermarkets still able to sell clothing, although demand may be weaker
There may be supply issues and some increase in costs, but I would think that increased taking will more than cover this.
I guess we will find out next week when the figures are released.