CXH 0.00% 1.5¢ compass hotel group

Yes indeed...Other area for concern (not just compass) is that...

  1. 47 Posts.
    Yes indeed...

    Other area for concern (not just compass) is that several of the Compass portfolio are largely off premise driven establishments. With Coles and Woolies current push in WA, compass is being forced to compete in a price driven market (which they are having a fair crack at mind you) to the point where overall GP is lucky to be above 15%. So while turnover is good, profitability will continue to be a struggle for at least a couple of the venues.


 
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