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

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
Rating
ASOS PLC1,060.00 GBP0.00
Boohoo Group PLC180.00 GBP0.00
Brown (N) Group PLC10.04 GBP0.00
Franklin UK Equity Income W Acc1.59 GBP-2.06
Halfords Group PLC64.90 GBP0.00
JD Sports Fashion PLC407.70 GBP0.00
Joules Group PLC79.00 GBP0.00
Majestic Wine PLC255.00 GBP0.00
Marks & Spencer Group PLC94.00 GBP0.00
Morrison (Wm) Supermarkets PLC185.70 GBP0.00
Moss Bros Group PLC18.60 GBP0.00
Mothercare PLC5.03 GBP0.00
Next PLC3,390.00 GBP0.00
Sainsbury (J) PLC213.40 GBP0.00
Superdry PLC96.00 GBP0.00
Ted Baker PLC105.00 GBP0.00
Tesco PLC223.90 GBP0.00
Topps Tiles PLC30.70 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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