Boohoo will release its Q1 update (3 months ended May) on 10th June. After the well documented issues that impacted forecasts in H2 FY15, this is an important trading update. We expect it to 1) reassure investors the growth strategy is back on track, and 2) set the tone for the rest of the year. Helped by a number of company specific enhancements (covering products, pricing, technology etc) we anticipate Q1 growth being in line with, or slightly ahead of, our full year assumption (N+1E +25%). As ....
02 Jun 2015
Preview: 10th June Q1 update a key milestone for investor reassurance
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Preview: 10th June Q1 update a key milestone for investor reassurance
boohoo group Plc (BOO:LON) | 36.1 0 0.0% | Mkt Cap: 457.7m
- Published:
02 Jun 2015 -
Author:
Matthew McEachran -
Pages:
4
Boohoo will release its Q1 update (3 months ended May) on 10th June. After the well documented issues that impacted forecasts in H2 FY15, this is an important trading update. We expect it to 1) reassure investors the growth strategy is back on track, and 2) set the tone for the rest of the year. Helped by a number of company specific enhancements (covering products, pricing, technology etc) we anticipate Q1 growth being in line with, or slightly ahead of, our full year assumption (N+1E +25%). As ....