Boohoo downgrades FY revenue guidance, shares slide
Boohoo said on Tuesday that it swung to a first-half loss as it cut its full-year revenue outlook, sending shares in the fast fashion retailer tumbling.
Source: sharecast.com
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Boohoo slashes HY sales guidance, warns of revenue decline
Online retailer, Boohoo warns of a decline in full-year sales by up to 17% due to reduced spending by cash-strapped customers.
Source: just-style.com
Boohoo shares plummet as retailer warns of continued sales slump
The online fashion retailer now forecasts adjusted underlying earnings to decline to between £58million and £70million for the year ending February 2024.
Source: dailymail.co.uk
Boohoo slashes sales forecast and plans major cuts
The fast fashion firm plans to make big cost savings after predicting a big fall in sales.
Source: yahoo.com
HSBC and StanChart help FTSE 100 outperform
London's FTSE 100 grew in confidence as Tuesday morning progressed, going into the afternoon in the green and outperforming European peers. The FTSE 100 index was up 13.74 points, or 0.2%, at...
Source: marketscreener.com