Park Group Slips to Profit Warning as New Accounting Standards Bite

park group profit warning

Park Group Profit Warning: Gift card and incentive retailer Park Group (LON:PARK) today slipped to a profit warning as new accounting regulations mean revenues are deferred. Considering that this may only be a simple case of recognition in a different period, the market has reacted strongly to this and the shares were down 11%: We … Read more