Boohoo has released a short trading statement this morning confirming that trading to date remains strong, with record Black Friday sales seen across the group. The group continues to trade “comfortably” in line with market expectations and we leave our forecasts unchanged this morning having upgraded our numbers at the interim results on 26th of September. Boohoo is a well invested business with significant capacity for ongoing growth. It is backed by a strong balance sheet with
17 Dec 2018
Trading update confirms record Black Friday; trading comfortably in line
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Trading update confirms record Black Friday; trading comfortably in line
boohoo group Plc (BOO:LON) | 36.1 0 0.0% | Mkt Cap: 457.7m
- Published:
17 Dec 2018 -
Author:
Rachel Birkett, CFA -
Pages:
7
Boohoo has released a short trading statement this morning confirming that trading to date remains strong, with record Black Friday sales seen across the group. The group continues to trade “comfortably” in line with market expectations and we leave our forecasts unchanged this morning having upgraded our numbers at the interim results on 26th of September. Boohoo is a well invested business with significant capacity for ongoing growth. It is backed by a strong balance sheet with