The market had been pricing a lot of negativity into today’s update on the back of difficult trading conditions in the run up to Xmas and evidence of weak trading amongst its large (and small) peers. Historically DEB didn’t have the flexibility in the cost line vs the likes of MKS and NXT. This meant increased dependency on LFL sales and margin performance - and today’s update is both positive in absolute terms and substantially better than the bears would have feared, putting the group on track ....
12 Jan 2016
Shares should bounce on successful completion of 3-peak challenge
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Shares should bounce on successful completion of 3-peak challenge
Debenhams (DEB:LON) | 0 0 (-1.1%) | Mkt Cap: 347.0m
- Published:
12 Jan 2016 -
Author:
Matthew McEachran -
Pages:
4
The market had been pricing a lot of negativity into today’s update on the back of difficult trading conditions in the run up to Xmas and evidence of weak trading amongst its large (and small) peers. Historically DEB didn’t have the flexibility in the cost line vs the likes of MKS and NXT. This meant increased dependency on LFL sales and margin performance - and today’s update is both positive in absolute terms and substantially better than the bears would have feared, putting the group on track ....