Adairs Announces Challenging Near-Term Outlook (ASX:ADH)

<WIRE> Adairs Announces Challenging Near-Term Outlook (ASX:ADH)

Monday, 21 August 2023

Adairs (ASX:ADH) recently announced that it is expected to face a trying period in the near future due to prevailing macro-economic headwinds.

The company’s unaudited sales for the first 7 weeks of financial year 2024 have fallen by 8.9% in comparison to the same period in the previous fiscal year.

At the current time, Adairs (ASX:ADH) has declared it inappropriate to provide any fiscal guidance for financial year 2024.

Adairs (ASX:ADH) is a lifestyle brand, specializing in both homewares and home furnishings.

<SPON> Trade share CFDs with Plus500

Apr 4, 2022

Global online trading services company, Plus500:

Plus500 trading platform allows you to trade shares from all popular markets such as USA, UK, Germany and more, with leverage and low spreads. Using our advanced trading tools, you can also control your profits and losses.

Plus500AU Pty Ltd, AFSL #417727 issued by Australian Securities and Investments Commission. Based in Sydney.

LINK

<AD>

<WIRE> Adairs Announces Challenging Near-Term Outlook (ASX:ADH)

Supported by

<SPON> Trade share CFDs with Plus500

Subscribe to the newsletter