After an unscheduled warning in May, guidance prudently baked in a continuation of weak end-market demand and consensus EPS reduced by 7%/9% in FY18/FY19 respectively. It would be premature to say this was purely weather-led, but John Lewis weekly data certainly supports this argument. Either way, tough conditions are forcing capacity out of what is still a highly fragmented market with share up for grabs. Mothercare’s downsizing highlights this and Dunelm’s ambitions for Kiddicare are likely to ....
03 Jul 2018
Kiddicare - competitor closures and sales transfer
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Kiddicare - competitor closures and sales transfer
Dunelm Group plc (DNLM:LON) | 971 24.3 0.3% | Mkt Cap: 1,963m
- Published:
03 Jul 2018 -
Author:
Matthew McEachran -
Pages:
3
After an unscheduled warning in May, guidance prudently baked in a continuation of weak end-market demand and consensus EPS reduced by 7%/9% in FY18/FY19 respectively. It would be premature to say this was purely weather-led, but John Lewis weekly data certainly supports this argument. Either way, tough conditions are forcing capacity out of what is still a highly fragmented market with share up for grabs. Mothercare’s downsizing highlights this and Dunelm’s ambitions for Kiddicare are likely to ....