Its Q1 operating margins dropped 230 basis points

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canada goose cheap Canada Goose Deutsche Bank says its decision of moderate store expansion as lack of revenue visibility, likely market share loss and consumer behaviour changes (shift away from pizza).Jubilant Foodworks reported revenue, EBITDA and adjusted PAT growth of 7 percent, ( ) 14 percent and ( ) 31 percent. Its Q1 operating margins dropped 230 basis points (bps) in the domestic business against an same stores sales growth (SSSG) decline of 3.2 percent YoY. Its Q1 EBITDA margin at 9.5 percent is the lowest since the IPO in FY10.It also adds that Jubilant is not ramping up delivery boys, an indication of its muted outlook on same store volume growth. cheap Canada Goose

canada goose coats “Hopefully this will be our best winter season yet.”June 7 2020 4:30AMSouth Coast, Snowies, Bega hit hardest financially from bushfiresStacey Wilson from the Milton Volunteer Rural Fire Brigade at the bushfire front on Murramarang Road in Bawley Point on December 5, 2019. Picture: Sitthixay DitthavongThe Snowy and South Coast regions have borne the brunt of the economic impact of the bushfires, as communities struggle to recover nearly six months on from the crisis.Modelling undertaken by Ernst and Young for the National Bushfire Recovery Agency indicates there will be a $3.6 billion hit to areas impacted by the devastating Black Summer fires.The Shoalhaven area was expected to suffer the largest economic losses, predicted to be $345 million. Ernst and Young estimated there was a 40 to 70 per cent downturn in tourism over the summer due to evacuations, with a potential 5 to 15 per cent fall in the long term.It was also expected there would be three years of declining dairy product output, linked to the proportion of the herd killed during the bushfires. canada goose coats

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canada goose factory sale First quarter (April June) earnings beat analysts’ expectations on Wednesday with consolidated profit growing 18.7 percent year on year to Rs 553 crore while revenue grew by 10.2 percent to Rs 4,082 crore, aided by volume growth.Operating profit climbed 20.9 percent to Rs 820 crore and margin expanded by 180 basis points to 20.1 percent on yearly basis, aided by lower raw material prices despite higher promotional spends.Brokerage houses are mixed on the counter as overall they waited for monsoon and 7th pay commission to reflect in earnings, though the company maintained double digit volume growth when every single consumer goods firm is grappling with slowdown issues.With retaining neutral rating as valuations remain stretched and raising target price to Rs 960 (from Rs 880 earlier), Credit Suisse increased its 2018 earnings by around 4 percent, given the clear commentary of improving volume trends and benign input costs but says the reason for pick up in volume is not clear as monsoon and pay commission are yet to play out.”What is surprising is that Asian Paints is seeing such strong volume growth despite the overall weakness in rural demand for other consumer companies and two back to back failures in the monsoons. Triggers such as good monsoons in FY17 and the pay commission impact in urban home improvements are yet to play out, and even before that demand trends have picked up to strong levels,” it explains.The brokerage believes the strong volume traction will provide downside support to the stock. Asian Paints is going ahead with Rs 600 crore capex in FY17 to keep up with the high volume growth.CLSA has retained high conviction sell on the stock, though it likes company’s growth story and raised target price to Rs 925 from Rs 900.GST implementation would be a key positive catalyst in the near term, as it should reduce the tax outgo and aid conversion from the unorganised sector, the brokerage said.Nomura feels the stock is expensive at 41.3x FY18 P/E. canada goose factory sale

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