By Steve Moore | Friday 19 January 2018
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Carpet and floor coverings retailer, Carpetright (CPR) has updated on trading for the 11 weeks ended 13th January – commencing that “trading in the important post-Christmas period has been significantly behind expectations” and also including “the severity of the decline in footfall over this key trading period and our more cautious view of the outlook for the balance of the year leads to a significant reduction in our full year expectations”. What does this mean in terms of financials?...
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