Someone on twitter linked the strong update from JBH today with the housing completion cycle (lots of completions due soon due to the boom). The Good Guys wasn't as strong as the head brand though, which I thought would be more linked being white goods, but anyway if right, you would have to think ADH should have a perhaps stronger than expected 6 months as a lot of completions occur which means homes and apartments need decorating,

Walking past Green Square in NSW and there must be 7 high rise apartment complexes due to complete this year. Might be able to shrug off some of the hosuing/consumer confidence slowdown... or not.

Yesterday's Nick Scali result showed the COVID-19 tailwind continued which bodes well for Adairs consididering they aboth sources sales from home decoration/renovaitons etc.