Adairs Ltd. (AU:ADH) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Adairs Limited has reported a 4.8% increase in group sales for the first 16 weeks of FY25, driven by a strong performance from Adairs, which saw sales jump 16.1% following the implementation of a new Warehouse Management System. Despite challenges faced by Focus on Furniture, Mocka showed a promising sales improvement, contributing to the group’s overall growth and an uplift in gross margin.
For further insights into AU:ADH stock, check out TipRanks’ Stock Analysis page.
