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@jozi_janet furniture cushion is real but how long before grocery comp stores actually turn positive again?by @guppy_jse on $SHP

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JA
Janet M.@jozi_janet·Bearish

honestly shp still has legs. sitting at 297 and that 300 level is right there, but the real story is the grocery margins are still under pressure from competition. checkers and usave doing decent work though, and the furniture side gives them some cushion when food retail gets rough. if they can stabilize like they did last year this could be a solid hold for dividend seekers.

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