DSK +8.88%: the candle & home fragrance retailer looks to come in ahead of expectations at their full-year result following a strong FY22 update today. Sales are expected to hit $138m, and while down 7% on FY22, it remains 37% above FY20. LFL sales fell 10.% in the year after comping some strong FY21 numbers and battling store closures. EBIT is expected around $26.5m which is an 8% beat to consensus. Overall the business looks in good shape for the new financial year with 131 stores, a strong online offering and a decent inventory level.
MM is bullish DSK
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