Joules Group Plc releases trading update

  • Jan 10, 2020 GMT
  • Team Kalkine
 
  • For the seven-week period to 5 January 2020, retail sales were significantly below expectations and declined by 4.5% against the corresponding period of prior year.
  • This was due to subdued online sales as a result of stock outage during end of season sale
  • Traffic to the group website increased 8% during the above period while conversion was noticeably low
  • On 10th January 2020, at the time of writing, GMT 11:25 AM, JOUL shares were trading at GBX 174.50, down by 51.50 points or 22.79% against the previous day closing price.

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