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Stifel estimated that earnings per share could double over the coming four years with significant growth potential coming from geographic expansion in the US, increased product depth, category expansion and margin improvements.
"Trading remains resilient and we are confident that full year revenue will be approximately double the level achieved three years ago,” Nickyl Raithatha, CEO, said
The Liberum analysts noted that THG's interim results brought another round of downgrades as sales and profitability were both below market expectations
There is also upheaval on the board, with two directors leaving - one after less than a year
TRST shares are significantly down since the company IPO’d in 2021’s bull market
Revenues expected to exceed £8mln for half year, up from £1.2mln in comparative prior period
The British Retail Consortium and NielsenIQ index attributed the surging prices to Russia's invasion of Ukraine, which impacted fertiliser, vegetable oils, wheat and animal feed supplies
The innovative compostable materials company has appointed Chris Murray as vice president of sales and marketing, and Kam Mangat as vice president of investor relations and corporate strategy
The track star is looking to sell clothing and fashion accessories under a logo based on his famous victory pose
Premium fitness equipment sold like hot cakes in the pandemic… That could have been a poison chalice for Peloton
The US’s largest cinema chain announces APE-themed preference shares
Craft cider producers allege water and sugar-based supermarket brands of the tipple are giving cider a bad reputation
Profit margins and earnings expected to take a second-quarter hit
Ardbeg distillery sold the 1975 drop to a private Asian investor
Revenue was previously forecast between £280-310mln, above FY2020, but now the company expects between 22% and 31% revenue growth over fiscal 2020.
Group revenue slipped 17.3% to £304.3mln, but was up 75.8% on a two-year basis
The shares have fallen to below last year's issue price amid worries about consumer spending
Upcoming staff walkouts and airline cancellations likely to have the greatest impact on Europe's low-cost carriers
Worker unrest is adding to the chaos at airports, with strikes threatening or underway at Ryanair Holdings and British Airways
Scammers target elderly victims in the US with the allure of expensive wine and whisky investments
