While LFL sales growth of 1.8% for the first 12 weeks of FY17 looked a little light, this was on the back of 2.8% growth in the prior period. H2 comps become easier to lap and Christmas bookings (festive trading comprises 15% of FY sales on average) are up 10% YoY.
05 Oct 2016
Retain forecasts for FY17E and FY18E
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Retain forecasts for FY17E and FY18E
Revolution Bars Group Plc (RBG:LON) | 1.6 0 0.0% | Mkt Cap: 23.2m
- Published:
05 Oct 2016 -
Author:
Cavendish Research -
Pages:
12
While LFL sales growth of 1.8% for the first 12 weeks of FY17 looked a little light, this was on the back of 2.8% growth in the prior period. H2 comps become easier to lap and Christmas bookings (festive trading comprises 15% of FY sales on average) are up 10% YoY.