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#FY24 Outlook
stale
$DSK announced their FY23 results. NPAT down -37.3% on flat revenue y-o-y (-0.6%)
LFL sales down -13.2% (stores -11%; online - 35%), so overall revenues held up by store openings.
The outlook is interesting, with one of the heavier YTD FY24 revenue declines reported this season.
Unsurprising, as this might be one of the more discretionary sectors.
Disc: Not held ... but tracking the retail sector more generally.