Australia's Shaver Shop set for best day in over 2 mths as sales soar

Shaver Shop

10/11/2021 02:46

** Shares of Shaver Shop Group Ltd  SSG.AX  rise as much as
4.85% to A$1.08 after co reports growth in key sales metrics 
    ** Stock tracks best day since Aug. 31; hits highest since
Oct. 18
    ** Personal care products retailer says like-for-like sales
from July 1 to Nov. 7 grew 7.2%  urn:newsml:reuters.com:*:nASX9qj13n 
    ** Online sales up 58.6% for same period 
    ** Total sales for the period, however, declined 0.9% 
    ** Says reopening of store network provides additional
confidence leading into the important Black Friday, Christmas
and Boxing Day periods
    ** Stock down 2.83% YTD, as of Tuesday's close 

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))