Fulham Shore has issued a highly reassuring update with trading cited as being in line with management expectations. Additionally, there is good news around cost mitigation and a very active new opening programme. In short, the group’s value proposition is proving to be well suited in the current consumer environment, whilst management continues to create future value by capitalising on a favourable property backdrop. We make no forecast changes and feel this should assuage any investor concerns ....
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Trading update – positive on various fronts
- Published:
08 Jun 2022 -
Author:
Sahill Shan -
Pages:
3
Fulham Shore has issued a highly reassuring update with trading cited as being in line with management expectations. Additionally, there is good news around cost mitigation and a very active new opening programme. In short, the group’s value proposition is proving to be well suited in the current consumer environment, whilst management continues to create future value by capitalising on a favourable property backdrop. We make no forecast changes and feel this should assuage any investor concerns ....