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Dr. Martens shares stomped on after latest profit warning

- Shares collapse on wave of selling- Damage to earnings largely self-inflicted- No quick rebound in sales predictedIconic footwear brand Dr. Martens (DOCS:AIM) unexpectedly revealed sales and earnings for the year to March would be...

19 January 2023
Is now the time to add supermarket stocks to your shopping basket?

It seems the supermarkets had plenty to cheer about over the festive period with shoppers flocking back to stores and treating themselves to Christmas dinner with all the trimmings, despite concerns over the cost of living...

19 January 2023
Housebuilder warnings about a slowdown in activity does not bode well for suppliers

The common factor across the latest trading updates from the big housebuilders is they are all forecasting fewer completions and land purchases this year.That could spell trouble for the various trades which support the new-build...

19 January 2023
Musicmagpie shares soar more than 300% from October lows

After it delivered a major profit warning in March 2022, it looked as though Musicmagpie (MMAG:AIM) would become yet another casualty of the downturn in consumer spending which has seen so many smaller companies go to the wall over...

19 January 2023
WH Smith in 'strongest ever position' as return of travel revives sales

- 20-week sales jump 41% led by travel- Sales almost flat on pre-Covid levels- Recovery could trigger spin-off speculationHigh street and travel retailer WH Smith (SMWH) delivered an upbeat trading update for the 20 weeks to 14...

18 January 2023
Ocado retail sales disappoint as shoppers cut back on non-essentials

- Share initially fall more than 10% - Shoppers visiting and spending less- Retail business seen 'marginally positive' this yearOnline grocery retail firm Ocado (OCDO) delivered a disappointing update for the fourth quarter despite...

17 January 2023
Specialist manager Ashmore sees assets rise as returns trump outflows

- Total assets rise to $57.2 billion in December- Enthusiasm for emerging markets returning- Potential for further gains in 2023FTSE 250 specialist asset manager Ashmore (ASHM) saw a rise in the value of its assets last quarter...

16 January 2023
Investors take Taylor Wimpey comments on slowing market in their stride

- Completions and order book lower- Cancellations up sharply in second half- Net cash better, earnings guidance maintainedHousebuilder Taylor Wimpey (TW.) delivered a mixed trading update to close the week, much in line with peers...

13 January 2023
Halfords shares skid 20% after profit target is slashed again

- Earnings forecast cut a second time- New guidance more than 20% lower- No quick fix on the horizonInvestors in bike and car accessories retailer Halfords (HFD) gave the firm's latest trading update the thumbs down after it cut its...

12 January 2023
What do Next's results tell us about the outlook for the retail sector?

High-street and online apparel seller Next (NXT) brought shareholders some New Year cheer with the news that total full-price sales were up nearly 5% over the three months to the end of December rather than down 2% as previously...

12 January 2023

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