Ted Baker Plc 28-week to 10 August 2019 revenue declines by 0.7%

  • Oct 03, 2019 BST
  • Team Kalkine
  • Ted Baker Plc (TED) has announced the results for the 28 weeks ended 10 August 2019.
  • The group revenue declined marginally by 0.7 per cent (AER basis) to £303.8 million as compared to £306.0 million for the 28 weeks ended 11 August 2018.
  • The loss before tax for the period stood at £23.0 million as compared to a profit of £24.5 million in the corresponding period of the previous year.
  • The UK and Europe retail sales were down 3.9 per cent to £141.3 million, while North America retail sales were up 3.1 per cent (AER basis) to £63.7 million.
On 3rd October 2019, at the time of writing, GMT 08:09 AM, TED shares were trading at GBX 690.00, down by 235.50 points or 25.45% against the previous day closing price.

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