Shares in Dusk slid almost 20 per cent on Friday after the candle and diffuser retailer warned an “increasingly cautious consumer environment” was pushing sales and profits to levels below the last financial year.
With seven weeks left in this reporting period, Dusk said it expected sales to be between $135 million and $137 million for the year to June 30, compared to $138.4 million in the previous financial year. Earnings would be between $16 million and $17 million, compared to $26.5 million.
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