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Adairs Ltd. ( (AU:ADH) ) has shared an update.
Adairs Limited’s recent AGM highlighted significant changes in its board and leadership team as part of a strategic renewal program aimed at long-term growth. The company emphasizes ‘co-ordinated co-operation’ among its businesses, focusing on governance, strategy development, and technology investment, including a new ERP system. Despite solid growth in FY25, Adairs acknowledges that its businesses are not yet operating at full potential, but remains confident in the effectiveness of ongoing strategies.
The most recent analyst rating on (AU:ADH) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Adairs Ltd. stock, see the AU:ADH Stock Forecast page.
More about Adairs Ltd.
Adairs Limited operates in the retail industry, focusing on home furnishings and decor. The company manages three distinct businesses, each with unique market positions and customer value propositions, supported by centralized group functions in select areas.
Average Trading Volume: 575,737
Technical Sentiment Signal: Buy
Current Market Cap: A$393.7M
Find detailed analytics on ADH stock on TipRanks’ Stock Analysis page.