Woolworths: Investing in the long term supply chain By Alex Lu 25 June 2020, 7:50 AM WOW has announced plans to develop two automated distribution centres at Moorebank, NSW for an investment of A$700-780m over four years. Read more...
Podcast: Beacon Lighting (ASX: BLX), Josephine Little, Senior Analyst By Josephine (Jo) Little 19 June 2020, 9:24 AM In this podcast, I discusses a positive trading update by Beacon Lighting (ASX: BLX), as the DIY and home improvement trend continues in Australia. Read more...
Super Retail Group: Unscathed, debt sorted and supportive backdrop By Josephine (Jo) Little 16 June 2020, 10:15 AM Super Retail Group (ASX: SUL) escaped the COVID-19 pandemic reasonably unscathed, with LFL sales growth -1.7% over April/May despite SCA and Macpac NZ store closures. We think any business that can trade through this global event relatively unscathed will attract a higher multiple in its wake. Read more...
Podcast: Reactivation of the Retail sector in Australia By Josephine (Jo) Little 28 May 2020, 3:15 PM I discuss the reactivation of the Retail sector in Australia post Covid-19 and my preferred stock picks Read more...
Wesfarmers: Biting the bullet By Alex Lu 25 May 2020, 10:45 AM Minor changes to earnings forecasts Read more...
Company update: JB Hi-Fi By Josephine (Jo) Little 11 May 2020, 10:00 AM Analysis on JB Hi-Fi following the release of their 3Q trading update Read more...
Podcast – Retail: Josephine Little, Senior Analyst By Josephine (Jo) Little 26 March 2020, 12:25 PM Morgans Senior Analyst Josephine Little shares an update on the retail sector given the latest restrictions due to COVID-19. Read more...
Retail in the trenches; COVID-19 cuts By Josephine (Jo) Little 19 March 2020, 11:30 AM We recommend treading very carefully with the consumer discretionary space given it is at the pointy end of any economic fallout, has high fixed costs and this situation is changing daily. Read more...
Retail: Large liquid leaders best placed & back in the zone By Josephine (Jo) Little 03 March 2020, 10:40 AM We review reporting season across our retail coverage. Our over-arching sector preferences shift to quality, liquid, more defensive stocks given current macro dynamics and a potential negative impact on consumer demand/spending. We have shifted some recommendations accordingly. Read more...
Baby Bunting Group: Still our all-rounder pick By Josephine (Jo) Little 17 February 2020, 1:40 PM BBN reported a slightly weaker than expected 1H20 result, with a higher than expected GM (+230bp yoy) offset by lower sales (1% LFLs) and opex investment. Read more...