Clearly the market is likely to believe that management can now drive top-line growth. |
This (result) was miles ahead of expectations, and there were no words on inappropriate costs to defuse the enthusiasm. I'd be staggered if the market consensus didn't go up today. |
You have to give them the benefit of the doubt. It's very fashionable for retailers to return cash to shareholders but that is in effect an admission that you've run out of ideas. At least this is ambitious. |