Virgin Wines – “a strong, stable and resilient business model”. Er, what about the financial downgrades then?
Online wine retailer Virgin Wines UK (VINO) has issued a trading update for its year ended 30th June 2022 emphasising “a strong, stable and resilient business model, coupled with disciplined customer acquisition, that delivers market leading profitability”. So why are the shares currently down a further more than 7.5% to 67p on the announcement?
- By Steve Moore
- 2022-07-28 11:39:28