Are WOW and WES bargains after this sell-off?
Hi James WOW and WES seemed to have been indiscriminately sold off with the rest of retail following poor results from TGT and Walmart in the US earlier this week. The sell off seems to have done some technical damage on the chart, but do you see any fundamental issues in the nature of the business and future prospects for WOW and WES going forward based on what we saw in the US to justify such a sell off? Does the sell off make them more attractive from a valuation perspective or is caution warranted? Many thanks