Profits Warnings

Latest News for: Profits warnings

Mulberry issues profit warning after House of Fraser hit

London Evening Standard 20 Aug 2018

Mulberry counted the cost of House of Fraser's demise and brutally tough markets on Monday as the luxury handbags maker's shares were battered by a profit warning ... ....

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Mulberry shares sink after profit warning

Market Watch 20 Aug 2018

Mulberry Group PLC said Monday that its profit for the full year will be “materially reduced” if sales from its concessions in House of Fraser department-stores continue to be affected by the tough U.K ... 10 ... ....

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Mulberry warns on profits following House of Fraser collapse

Irish Independent 20 Aug 2018

0 Comments Mulberry warns on profits following House of Fraser collapse ... Mulberry has warned that profits could take a £3m (€3.3m) hit following the collapse of House of Fraser. https.//www.independent.ie/business/world/mulberry-warns-on-profits-following-house-of-fraser-collapse-37232018.html ... Mulberry has warned that profits could ......

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Mulberry warns over House of Fraser profits hit

Irish Independent 20 Aug 2018

0 Comments Mulberry warns over House of Fraser profits hit ... Mulberry has warned that profits could take a £3 million hit following the collapse of department store chain House of Fraser. https.//www.independent.ie/world-news/mulberry-warns-over-house-of-fraser-profits-hit-37231978.html ... Mulberry has warned that profits could take a £3 million hit ......

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Lannett stock slides 33% after it loses a customer contract, issues a profit warnings

Market Watch 20 Aug 2018

Lannett Co. Inc. shares LCI, -1.82% slid 33% in premarket trade Monday, after the company said that is distribution agreement with Jerome Stevens Pharmaceuticals will not be renewed when it expires on March 23, 2019 ... Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails ... ....

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Mulberry warns House of Fraser collapse will damage profits

The Guardian 20 Aug 2018

Luxury handbag maker Mulberry has warned that it faces a slump in profits after suffering a £3m hit from House of Fraser’s collapse into administration ... The luxury goods group also warned investors that it continues to face a sales slowdown that will hammer profits in its current financial year to the end of next March....

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Why I'd avoid 15%-faller Mulberry and buy this FTSE 100 dividend growth stock

AOL 20 Aug 2018

MUL) fell by as much as 30% on Monday, after the company warned that profits could be hit by the failure of House of Fraser ... Given that the luxury handbag firm only reported a pre-tax profit of £6.9m last year, that's a big hit ... In Monday's statement, Mulberry warned that UK trading has been "challenging" since June. If it doesn't improve during the remainder of the year, management expect profits to be "materially" lower....

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Why I’d avoid 15%-faller Mulberry and buy this FTSE 100 dividend growth stock

The Motley Fool 20 Aug 2018

MUL) fell by as much as 30% on Monday, after the company warned that profits could be hit by the failure of House of Fraser ... Given that the luxury handbag firm only reported a pre-tax profit of £6.9m last year, that’s a big hit ... In Monday’s statement, Mulberry warned that UK trading has been “challenging” since June ... Operating profit margins are still low, at about 4%....

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Mulberry shares crash 30% as House of Fraser collapse costs the luxury bag-maker £3m

This is Money 20 Aug 2018

The upmarket bag-maker said its half-year profits 'will be materially reduced' as a result of flagging UK sales, particularly in ... The profit warning caused Mulberry's shares to crash by nearly a third in early trade to around £4 per share....

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Online fashion retailer Farfetch plans stock market flotation

The Observer 20 Aug 2018

Mulberry warns House of Fraser collapse will damage profits ... The company, which has yet to turn a profit in its 10-year history did not disclose the number of shares it would sell or the offer price per ......

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Announcements and Notices - Profit Warning

Public Technologies 20 Aug 2018

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement ... (Stock Code. 1231). PROFIT WARNING ... By Order of the Board ... Disclaimer....

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Britain's Mulberry warns on profit from House of Fraser

Yahoo Daily News 20 Aug 2018

"If these sales trends in the UK continue into the key trading period of the second half of the financial year, the group's profit for the whole year will be materially reduced." ... "It's the combination of the charge and the currently unquantified profit warning for the rest of the year that is really putting the hurt to the company's share price," said Accendo Markets analyst Artjom Hatsaturjants....

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XPO Logistics axes 627 jobs at House of Fraser warehouse

AOL 20 Aug 2018

All online orders have also been cancelled ... Mulberry, another House of Fraser supplier, has warned its profits could take a £3 million hit due to the department store's collapse. The up-market firm was owed about £2.4 million when House of Fraser fell into administration, and said falling sales in stores had also knocked profits ... ....

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