Strong Balance SheetLow leverage and a solid equity ratio give the company durable financial flexibility. This supports resilience through revenue cycles, funds strategic investments or franchise support, and reduces refinancing risk, sustaining operations and strategic optionality over the next 2–6 months.
Consistent Cash GenerationReliable operating cash flow and strong free cash flow growth underpin the company's ability to fund capex, refurbishments and wholesale inventory without raising debt. This cash conversion supports reinvestment in stores, franchises, and steady shareholder returns over time.
Improving Margins And Revenue TrendsSustained revenue growth alongside margin expansion indicates better cost control and operating leverage in core retail and wholesale channels. Improved profitability metrics suggest the business model can convert sales into durable earnings and fund growth initiatives.