ASOS (LON:ASC) Share Price Crashes as Growth Falters: The Start of the Decline?

By | 17th December 2018

Major, and rather unwelcome news hitting the airwaves today is that online fashion retailer ASOS has cautioned on growth and guided profits lower for FY19. The fact that fashion is struggling is no surprise: in recent times Bonmarche, Superdry, and Quiz have cited difficult trading conditions. However, ASOS operates a largely different business model to… Read More »

Superdry (LON:SDRY) Puts Out Another Profit Warning – Shares Fall By a Third

By | 12th December 2018

Bad news for shareholders of Superdry (LON:SDRY), as today’s half year report further re-iterates the bad news that the unseasonably hot weather has continued, which has resulted in a large decrease of profits for the current year. I wrote about Superdry back in October on its initial profit warning but it appears the market dislikes… Read More »

MySale (LON:MYSL) Gives Off FY19 Profit Warning: Shares Fall 50%

By | 11th December 2018

Online retailer MySle (LON:MYSL) today offered up a rather worrying profit warning for its FY19 results, blaming a mix of macroeconomic and operational reasons. Reporting that peak period trading was challenging, it used the words that no investor wanted to hear: that results would be ‘significantly below market expectations’. It might be fair to say… Read More »

Ten Lifestyle (LON:TENG) Swings To Loss and Cuts Expectations: Shares Fall 65%

By | 28th November 2018

London-based travel services Ten Lifestyle Group (LON:TENG) today issued a double whammy of bad results for FY18: adjusted EBITDA has swung from positive to negative and to add insult to injury guided expectations for FY19 lower than expectations. On a day where Ramsdens Holdings (LON:RFX) could fall 10% for posting an in-line update, the market… Read More »

KCOM (LON:KCOM) Issues Revised Lower Guidance: Shares Tumble 40%

By | 20th November 2018

Hull-based telecommunications provider KCOM Group today issued a double whammy for investors: a trading update which forecasts weaker than expected earnings, and a revised dividend projection, which halves the potential return for investors. This was not particularly expected: the share price has traded in a relatively broad range for a couple of years, which tells… Read More »