Why is the Dusk share price on watch?
Dusk this morning provided a trading update for the third quarter ended 31 March 2021 (Q3 2021). The Aussie retailer reported “trading remained strong” with high rates of like-for-like sales growth.
Sales surged to $27.7 million for the quarter, up from $18.4 million in Q3 2020. On a year-to-date (YTD) basis, sales grew 54.2% to $118.7 million compared to 2020 figures.
Underlying earnings before interest and tax (EBIT) numbers also soared during the quarter. It will be interesting to see how the Dusk share price responds as underlying EBIT surged to $4.9 million, up…