This week we take a look at two retailers that have provided robust results for FY20 and are seeing continued strong momentum into the new financial year as the structural shift to e-commerce accelerates. We believe there is more share price upside as valuations catch-up to fundamentals.
As most investors know, retail is a tough game. In the last twelve months we have seen many retailers struggle with sluggish consumer spending, bush fires impacting sales and more recently the drop off in tourism from the coronavirus, COVID-19. But, not all retailers are made the same. Despite all this doom and gloom, three retailers we own delivered strong results recently. But why are these retailers outperforming their peers? Read on to find out.
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TAMIM Asset Management provides general information to help you understand our investment approach. Any financial information we provide is not advice, has not considered your personal circumstances and may not be suitable for you.
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