CORRECTION:
See yellow highlight text.
Perhaps. But then again, you may want to have a closer look at the relevant numbers.
Yes, Good Guys same store sales in Q3 FY18 were substantially negative. HVN has not released Q3 sales yet, however, they have released 2 month sales for the period (Jan-Feb). These were flat, but not negative, with total sales positive.
For the HY18, Good Guys comparable sales were +1.8% (I think), whilst HVN had +4.1%.
So perhaps this is more a problem for JBH. Perhaps the Good Guys aren't delivering quite what they were hoping?
And then there's the HVN OS ops, which are continuing to go from strength to strength. I'm actually getting excited by them for the first time ever.
I hope HVN keeps getting smashed though, so that it becomes a no-brainer.
buying opportunity coming, page-21
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