Superdry Plc announces half-yearly results

  • Dec 12, 2019 GMT
  • Team Kalkine
  • For the 26 weeks to 26 October 2019, revenue declined by 11% year over year to £369.1 million
  • Due to reduction in promotional activities and full-price sales, gross margin increased by 250 basis points, partially offset by 180 basis points headwind related to foreign exchange movement.
  • The company has booked charges of £1 million relating to accounting of inventory and £6.9 million in relation to recovery of debt.
  • On 12th December 2019, the stock of SDRY was trading at GBX 480.20 at GMT 08:01 AM, down 19.8 points or 3.96% from its previous close.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK