Forum Archive Index - November 2000

["P Maiden" <pmaiden@xtra.co.nz>]

Market a bit subdued about WHS sales announcement.

 

Whatever the market expected you can't get away from the fact that WHS sales are still on a roll.

 

Some may recall an analysis I posted a month or so ago highlighting what exceptional market share they were recording

 

 

The analysis said that if WHS in the footwear, furniture, appliance, hardware, chemist, department store and recreational goods retail market their market share had increased from 4.5% to 10.2% over 5 years. Those store categories sales are measured by by Statistics NZ.

 

In the WHS year to July00 sales increased by 15.3% in a market that experienced particularly strong growth of 7.2%.

 

The October retail sales are not out yet but August and September sales in these store categories grew by 6.8% over the same period last year. So much for a sluggish economy - even though some of the growth price rise driven.

 

No matter what happened to the market in October WHS market share is still growing very strongly. No wonder the likes of Farmers/Deka and Kmart are reporting lost share.

 

A combination of this growth and the Aussie sales will see a bumper 2001 result.

 

The original analysis

http://www.sharechat.co.nz/archives/2000/09/msg00662.shtml

 

Good luck

 

Peter

 

Disc -still hold WHS