Thomas Cook (LON:TCG) Blames Hot Summer, Issues Profit Warning – Shares Down 25%

Thomas Cook Profit Warning: Shares in Thomas Cook (LON:TCG) declined by almost a quarter this morning after the company issued a pre-close trading update. This perhaps unsurprisingly revealed that the hot UK summer had impacted bookings, margins and hence a reduced target profit for the year. The share price reaction was typically large, with the … Read more

Moss Bros Sees FY Profit Lower Than Expectations, Shares Decline 20%

Moss Bros Profit Warning: It’s been a rather poor year for formal wear retailer Moss Bros. Logistical problems have led it to issue several profit warnings. This is before the fact that the retailing climate is extremely tough especially for those who have large store estates. The publishing of its half-year results have resulted in … Read more

Velocity Composites Profit Warning Sees Revenues and Profits Lower

velocity composites profit warning

Velocity Composites, (LON:VEL) is a manufacturer for carbon fibre aircraft parts today announced in a trading statement that revenues and profits would be below expectations for this year. Shares reacted by tumbling by roughly a quarter in early trade. This could be considered a fairly modest drop considering the small-cap status of the company. Set … Read more

Footasylum Profit Warning: Shares Down 50%

footasylum profit warning

Footasylum Profit Warning: Niche footwear and sportswear firm Footasylum today announced a fresh profits warning which sent shares in its stock tumbling. This is the second such warning in the space of a few months. I feel quite sad for any investors that clung on to the shares in the belief that things would get … Read more