Q: Today c;losed at $28.75,touched 1yr low of $28.60.Please comment.Add,Hold or Sell.Txs for U usual great services & views
5i Research Answer:
Same store sales were a relative weak +0.6% inthe Q1. Consumers do seem to be gettng stretched thin, as noted with other companies. But AW.UN is priced well, and we have no new comments, really. Growth is still expected overall and we have few concerns on the distribution. It is not exciting, but typically 'reliable'. As rates fall in Canada (next month?) sentiment may improve.