In response to strong top line growth and consistent delivery vs. profit expectations the shares have recovered over the last year back to the IPO price. Boohoo has established real momentum with its target customers, both in the UK and internationally, and there has been a step-up in operational capabilities. Confidence in future growth is therefore at a new high. We forecast a 3-year EPS CAGR of 21% but indicate this could be 25-30% via Pretty Little Thing (PLT) accretion and/or organic outper ....
29 Apr 2016
Growing confidence in future potential of brand
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Growing confidence in future potential of brand
boohoo group Plc (BOO:LON) | 36.1 0 0.1% | Mkt Cap: 457.9m
- Published:
29 Apr 2016 -
Author:
Matthew McEachran -
Pages:
11
In response to strong top line growth and consistent delivery vs. profit expectations the shares have recovered over the last year back to the IPO price. Boohoo has established real momentum with its target customers, both in the UK and internationally, and there has been a step-up in operational capabilities. Confidence in future growth is therefore at a new high. We forecast a 3-year EPS CAGR of 21% but indicate this could be 25-30% via Pretty Little Thing (PLT) accretion and/or organic outper ....