Eagers with a generally positive “look at our order book” type update.
The very bottom bit is the usual throat clearing when setting yourself up for disappointment, relative to street expectations, if you can’t get supply.
E.g. “May-June are normally strong, but if we don’t have stock, we’ll miss that seasonally strong window, and we are telling you now so you don’t get cross/blindsided if that’s why we miss consensus”.
The stock has a fair chunk of debt, is heavily geared, and that’s why they’ve gone to pains to speak to the order book, which gives them a bit more stability than perhaps a normal discretionary retailer.
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