Alert in the electronics and home entertainment retail trader baton music sales financing this year less than 5% expect that.
However, hope airport, in the second half.
The story of company's annual general meeting in Melbourne yesterday, under the guidance of the Chief Executive's second 1 quarter total revenue growth 12.2 percent of annual sales rise 17% was in improved since the start of Terry smart sales trends, new fiscal year.
"This lack of some second half is less comparable challenges cycling sales for storing expects" and described.
"Overall economic strength, low levels of unemployment and strong product assortment is successful Christmas trading period underpin you need. ?
However, discount retailers told able to withstand other players margin compression than Mr. Smart Jukebox was brutal this year, as would return he said.
"Discount weakening consumer demand, prevalent feature has been the past 12 months in retail," and he said. "We are expecting to see ongoing discount Christmas. However, it is a assortment of baton margins, the scale, a wide range of products and everyday low pricing strategy maintenance system.
Open a new store for the full fiscal year 12 before the baton in the first half and the end of the 6 track Australia and New Zealand bring 148 store its total portfolio was.
Chairman Patrick Elliott, baton the future a four-year risk of decrease in the market for an existing site without a year to 3 store open referred to could not continue.
We can deploy without cannibalisation of our approximately 210 total store. Also said that you have identified.
Referred to were mainly imported product range despite baton revenue directly from local distributors affected companies purchase products local currency and to Elliott said Australian dollar strength. Is the manufacturer take the risk of major currencies. Like all major competitors have local currency fluctuations most items purchased does not affect the relative competitiveness "and described.
"It is high, such as to sell in order to achieve the same revenue gross margin dollars, and merchandised purchase, you must increase the challenge local currency price deflation drive born"
Mr. Eliot is the current Committee members are Fraser said looking to recruit female Director in the number of potential candidates who have been already canvassed next year, and when retired Board.
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