Footasylum Re-Iterates Profit Warning as Margins Reduced – Share Price Falls 20%

Beleaguered footwear specialist Footasylum (LON:FOOT) today re-iterated the profit warning it gave way back in September. We wrote about the profit warning back then, when it took off 50% the share price. Today’s fresh warning had a more muted effect: in initial trading down 25%, but the share price has recovered somewhat since then: One … 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