A “Trading Update” from John Lewis Of Hungerford (JLH) commences that “we remain confident that the business continues to trade positively with deposits taken tracking ahead of those taken in the same period in the prior year” and also includes “sales for the second half are expected to be approximately 10% ahead of the prior year”. The shares have responded… er, currently to below 0.6p – more than 11% lower!...
Specialist kitchen manufacturer and retailer John Lewis of Hungerford (JLH) has announced results for its year ended 31st August 2016 – including a “fifth consecutive year of sales growth, which exceeded £8 million for the first time”. However…
I previously concluded on John Lewis of Hungerford plc (JLH) that it was not a surprise, considering the track record and earnings performance and balance sheet position the latest results show, that the shares were further lower at 0.95p. The following updates with them now at 0.92p on the back of a “Showroom closures” announcement, but can investors now be more optimistic here?
Shares in kitchens and furniture designer, manufacturer and retailer, John Lewis of Hungerford (JLH) are amongst the major fallers today on the back of a half year results statement noting “lower than our anticipated sales growth” and “continued deflationary pricing pressure”. Hmmm…