Is this bad update a warning sign for ASX retail shares?
Jaz Harrison
June 20, 2023
ASX retail share investors may need to heed the warning from the update by Best & Less Group Holdings Ltd (ASX:BST).
ASX retail share investors may need to heed the warning from the update by Best & Less Group Holdings Ltd (ASX:BST).
The Wesfarmers Ltd (ASX:WES) share price is up around 0.5% after the company announced a deal to buy InstantScripts for around $135 million.
The Wesfarmers Ltd (ASX:WES) share price has fallen more than 7% over the past month. I think it’s a good time to invest in the ASX share.
The Baby Bunting Group Ltd (ASX:BBN) share price is down 22% following the company’s disappointing FY23 trading update.
The Adairs Ltd (ASX:ADH) share price has sunk 20% after giving an update showing weakening retail conditions.
Here are 5 things the Seneca investment team looks at when assessing the associated investor presentations, trading updates and profit upgrades/downgrades.
The Universal Store Holdings Ltd (ASX:UNI) share price has sunk 25% after giving a FY23 update about worsening trading conditions.
The Temple & Webster Group Ltd (ASX:TPW) share price is in focus today after reporting a trading update showing growth.
The Cettire Ltd (ASX:CTT) share price is under the spotlight today after revealing enormous growth in the FY23 third quarter.
ASX retail share investors may need to heed the warning from the update by Best & Less Group Holdings Ltd (ASX:BST).
The Wesfarmers Ltd (ASX:WES) share price is up around 0.5% after the company announced a deal to buy InstantScripts for around $135 million.
The Wesfarmers Ltd (ASX:WES) share price has fallen more than 7% over the past month. I think it’s a good time to invest in the ASX share.
The Baby Bunting Group Ltd (ASX:BBN) share price is down 22% following the company’s disappointing FY23 trading update.
The Adairs Ltd (ASX:ADH) share price has sunk 20% after giving an update showing weakening retail conditions.
Here are 5 things the Seneca investment team looks at when assessing the associated investor presentations, trading updates and profit upgrades/downgrades.
The Universal Store Holdings Ltd (ASX:UNI) share price has sunk 25% after giving a FY23 update about worsening trading conditions.
The Temple & Webster Group Ltd (ASX:TPW) share price is in focus today after reporting a trading update showing growth.
The Cettire Ltd (ASX:CTT) share price is under the spotlight today after revealing enormous growth in the FY23 third quarter.
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