Adairs (ASX: ADH)

Adairs (ASX: ADH) is an Australian retail company that sells bedding and homewares through its Adairs brand, and furniture though other brands such as Focus on Furniture and Mocka.

Adairs (ASX: ADH) was listed by private equity firm Catalyst and renowned retail investor Brett Blundy in 2015 at an IPO price of $2.40. Both entities subsequently sold shares.

Discretionary retail stocks like Adairs often do not have a particularly wide or deep moat, and can often be significantly impacted by the economic cycle. Adairs shareholders have also historically received a dividend, so forecast changes in the Adairs share price are not the only factor to consider if you are wondering whether you should buy Adairs shares. It would make sense to also consider Adairs forecast dividend yield.