BREAKING: Verditek – now tell us the truth about Optimeyes, time to come clean Tory Toff Lord Willetts
It seems a bit crazy to be talking about a financial year ended on 25th April 2020, two-thirds of the way through September, but such is the pandemic's impact on conventional financial calendars. Listening to the Superdry (SDRY) conference call this morning after a 'year of considerable change' – no surprise with the share, already massively down in recent years, compressing a further 73% year-to-date and today has an EV of less than £100 million. Well this is what happens when in the year to near the end of April you made losses and had a 19.2% fall in revenue, which massively outweighs the big squeeze which delivered a higher net cash figure...
Fashion company Superdry (SDRY) “is pleased to announce that it has entered into a new financing facility… strong cash position” and “current trading in Q1 has been better than our initial expectations” – with the shares currently above 147p in response, more than 25% higher...
A “Trading Statement” from fashion retailer Superdry (SDRY), with CEO Julian Dunkerton concluding “we remain open for business online through superdry.com, our stores in Europe have begun to reopen and I am excited by our new ranges for the Autumn/Winter season” – and the shares have currently responded to circa 125p, more than 5% higher...
A “Statement re Current trading and COVID-19 update” from fashion retailer Superdry (SDRY) sees the shares currently more than 30% further lower on the back of it, below 70p…
Lots and lots of Christmas trading thoughts out in the last few days but I have got to comment on Superdry (SDRY), a stock which I described a month or so ago at the time of its last trading update as having an 'encouraging early start to Q3 peak trading with strongest online Black Friday day ever', but naturally everything still has caution attached to it given the changeable retail backdrop (and that)...the post-Christmas trading update will be insightful but for choice I am still backing the man'…
I wrote an article back in March bout the importance of the pareto principle in business and that 'i trust the views and instincts of founders/co-founders inherently much more than chairman with historic general experience but massively less skin in the game'. Since that article - which was primarily centred on boohoo (BOO) shares in the online fashion company have done rather well, showing that the co-founder's focus and elbows out manner has been very helpful for shareholders. But what about the other company mentioned in that article, Superdry (SDRY)?
Following a more than 20% share price fall to 800p on a trading update last month, shares in fashion company Superdry (SDRY) are currently more than 6% lower and below that price today on the back of a “Pre-Close Trading Statement”…
Tom mentioned clothing retailer Superdry (SDRY) in a bearcast just under a week ago and highlighted the recent profits warning, which was based on warm weather hitting sales of fleeces and the like. The shares are down at five plus year lows and this is starting to have an impact...on the rhetoric from one of the founders. I was amused to read in an article in the deadwood press earlier today that:
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