KONTAN.CO.ID - JAKARTA. Merchandise from the retail sector companies still seems to be selling well in the third quarter of 2018, in line with the number of international-scale activities held domestically. Although the outlook is bright, analysts say retail sector issuers will still face many challenges. In the third quarter of this year, a number of retail sector issuers managed to score average sales growth per outlet (SSSG). Based on research from Bahana Securities (12/10), PT Ace Hardware Tbk (ACES) recorded SSSG growth in September at 11.3%. Their cumulative SSSG growth throughout 2018 reached 13.3%. Mega Christina, an analyst at Bahana Securities, said that SSSG ACES reaching double digits in September was very impressive. Because, this year there was a shift in the implementation of ACES Boom Sales to October. That means there is still an opportunity for ACES to hoist SSSG more significantly.
The performance of retail issuers is impressive, how about the stocks?
KONTAN.CO.ID - JAKARTA. Merchandise from the retail sector companies still seems to be selling well in the third quarter of 2018, in line with the number of international-scale activities held domestically. Although the outlook is bright, analysts say retail sector issuers will still face many challenges. In the third quarter of this year, a number of retail sector issuers managed to score average sales growth per outlet (SSSG). Based on research from Bahana Securities (12/10), PT Ace Hardware Tbk (ACES) recorded SSSG growth in September at 11.3%. Their cumulative SSSG growth throughout 2018 reached 13.3%. Mega Christina, an analyst at Bahana Securities, said that SSSG ACES reaching double digits in September was very impressive. Because, this year there was a shift in the implementation of ACES Boom Sales to October. That means there is still an opportunity for ACES to hoist SSSG more significantly.