Dixons Carphone (DC) has reported LFL sales growth of +2% and -9% yoy in its main UK trading divisions, Electrical and Mobile Phones over the 10 weeks to 4 January 2020. It also appears to have held PBT guidance for the year to April 2020 at £210m although this is not specifically stated (“we are on track to deliver what we promised for this year..”) The sales out-turn appears to be around a 1% point beat of expectation but the announcement also highlights price investment i
21 Jan 2020
Sales beat but price investment
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Sales beat but price investment
Currys PLC (CURY:LON) | 63.1 0 0.0% | Mkt Cap: 715.5m
- Published:
21 Jan 2020 -
Author:
Tony Shiret -
Pages:
3
Dixons Carphone (DC) has reported LFL sales growth of +2% and -9% yoy in its main UK trading divisions, Electrical and Mobile Phones over the 10 weeks to 4 January 2020. It also appears to have held PBT guidance for the year to April 2020 at £210m although this is not specifically stated (“we are on track to deliver what we promised for this year..”) The sales out-turn appears to be around a 1% point beat of expectation but the announcement also highlights price investment i