Boohoo swings to interim loss, downgrades FY revenue guidance
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.
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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.
Group confident of medium term recovery
Among the companies with reports and trading updates today are Boohoo, Greggs, AstraZeneca, Diageo, Petrofac and Edinburgh Investment Trust.
London's FTSE 100 is set to fall further on Tuesday, after a sell-off at the start of the week, with hawkish words from a US central banker reinforcing the 'higher-for-longer' interest rates...
Shares take a dive at the market open as investors see little to cheer in boohoo's latest results but the company says it is making progress in its battle to return to profitability.