Studio Retail has announced a H1 trading update (to Sep), detailing strong product sales growth of 38% on a 2 year basis and up marginally YoY (against a tough comp). Financial services revenue was up 11%, also. Supply chain issues have been well managed by the group, as it took the decision in the summer to secure its supply chain. Any additional costs incurred/price inflation will be recouped from a higher pricing strategy in H2. Positively, going into the peak trading period, market data is p ....
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Positive H1 update details ongoing momentum
- Published:
26 Oct 2021 -
Author:
Matthew McEachran | N+1 Singer Team -
Pages:
3
Studio Retail has announced a H1 trading update (to Sep), detailing strong product sales growth of 38% on a 2 year basis and up marginally YoY (against a tough comp). Financial services revenue was up 11%, also. Supply chain issues have been well managed by the group, as it took the decision in the summer to secure its supply chain. Any additional costs incurred/price inflation will be recouped from a higher pricing strategy in H2. Positively, going into the peak trading period, market data is p ....