Australia's Dusk Group hits 1-1/2-year high on strong start to year

Dusk

18/11/2024 24:47

** Shares of Dusk Group  DSK.AX  climb as much as 12.5% to
A$1.35, hitting their highest since mid-May 2023 
    ** Speciality retailer says it registered total sales growth
of 12.7% for the first 20 weeks of the current fiscal, in line
with the previous corresponding period 
    ** "The next six weeks of trade are critical to our FY25
result as we trade through the Black Friday and Christmas
periods" - co 
    ** Says it expects to undertake more capital management
initiatives in the second half of the fiscal year 
    ** Shares have risen ~24.5% on a year-to-date basis 


 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))