Retailers Disappoint Shareholders as Sales Slump

Trading updates for the key Christmas period for UK retailers were a mixed bag, with a couple of profit warnings thrown in for good measure

David Brenchley 12 January, 2018 | 7:03AM
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Next defied analyst expectations by growing sales over the festive period. Others were not so lucky

Investors in UK stocks spend much of the first few weeks of the year digesting festive trading updates from both high-street and online retailers.

Being first to report, Next (NXT) has become something of a bellwether for the UK high street and there are plenty of aspects to the firm’s 2017 results that can be extrapolated for the rest of the sector.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
ASOS PLC3,332.24 GBP4.52Rating
Boohoo Group PLC263.50 GBP0.00
Brown (N) Group PLC51.70 GBP0.00
Franklin UK Equity Income W Acc2.28 GBP-0.14Rating
Halfords Group PLC308.80 GBP0.00
JD Sports Fashion PLC1,130.50 GBP0.00
Joules Group PLC225.00 GBP0.00
Marks & Spencer Group PLC182.40 GBP0.00Rating
Morrison (Wm) Supermarkets PLC293.80 GBP0.00Rating
Mothercare PLC17.65 GBP0.00
Naked Wines PLC826.00 GBP0.00
Next PLC8,122.00 GBP0.00
Sainsbury (J) PLC282.40 GBP0.00Rating
Superdry PLC291.50 GBP0.00
Ted Baker PLC155.60 GBP0.00
Tesco PLC255.95 GBP0.00Rating
Topps Tiles PLC70.60 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for

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