Big picture and education
Traditional Retailers saved by JobKeeper for now
15 August 2020 · Members
The earning season is revealing that bricks and mortar retailers are a key beneficiary of the government stimulus. This month, the retail sector has been one of the best performing sectors. The share price of Adairs and Nick Scali, rose by 20% after reporting their earning results. JobKeeper is one of the key reasons for positive earnings surprises. JobKeeper has…
This article reflects our views at the date of publication and may no longer be current. It is general information only and is not a recommendation to buy or sell any security. Past performance is not indicative of future performance.