Supreme plc – “remains in line with market expectations”… but that really an achievement?
By Steve Moore | Thursday 15 September 2022
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.
‘Fast-moving consumer products’ company Supreme plc (SUP) has announced “trading for the current financial year remains in line with market expectations… delighted with the progress we have made in increasing our retail penetration, alongside the positive impact of recent brand and product launches”, with this following “a strong performance across the year ended 31 March 2022”. So what of a share price currently down to 87p?
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