Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Boohoo Group PLC    BOO   JE00BG6L7297

BOOHOO GROUP PLC

(BOO)
  Report  
Delayed Quote. Delayed London Stock Exchange - 06/14 11:35:19 am
220.9 GBp   +0.41%
06/13BOOHOO : Director's Dealing
PU
06/12Zara owner Inditex shakes off chill with strong second quarter start
RE
06/12BOOHOO : Britain's Boohoo bucks subdued retail market with stellar sales
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Boohoo : Britain's Boohoo bucks subdued retail market with stellar sales

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/12/2019 | 02:50am EDT
A shopper walks pass advertising billboards for Boohoo and for 'Pretty Little Things', a Boohoo brand, at Canary Wharf DLR station in central London

LONDON (Reuters) - British online fashion group Boohoo bucked a tough retail market with robust sales growth in its latest quarter as its offer of cheap clothing, delivered quickly, chimed with shoppers.

Boohoo, which sells own-brand clothing, shoes, accessories and beauty products, said on Wednesday group revenue rose 39% to 254.3 million pounds in the three months to May 31, its fiscal first quarter.

The group achieved strong revenue growth across all geographies with UK sales up 27% and international up 56%. Its gross margin was 55%.

Founded just 14 years ago in Manchester, northern England, Boohoo has expanded quickly, listing its shares in 2014 and buying the PrettyLittleThing and Nasty Gal brands in 2017. The firm is tapping-in to a generation of younger consumers who shop on their mobile phones and share fashion tips through social media.

The group kept its guidance for the full 2019-20 year - revenue growth of 25% to 30% with a core (adjusted EBITDA) profit margin of around 10%.

Shares in Boohoo, up 42% so far this year, closed Tuesday at 230.1 pence, valuing the business at 2.67 billion pounds.

While Boohoo is thriving, the wider sector is struggling.

Last week an industry survey said British shoppers cut back on their spending in May by the most in more than 20 years, raising questions about how long consumers can keep on cushioning the economy from the impact of Brexit.

On Tuesday shares in fashion retailer Ted Baker lost more than a quarter of their value after warning on profit.

And while Boohoo is expanding rapidly peer Philip Green's Topshop-to-Dorothy Perkins Arcadia fashion group is fighting for its survival.

(Reporting by James Davey, Editing by Paul Sandle)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOOHOO GROUP PLC
06/13BOOHOO : Director's Dealing
PU
06/12Zara owner Inditex shakes off chill with strong second quarter start
RE
06/12BOOHOO : Britain's Boohoo bucks subdued retail market with stellar sales
RE
06/07BOOHOO GROUP PLC : quaterly earnings release
05/23BOOHOO : Posting of the Annual Report and AGM Notice
PU
05/22BOOHOO : Superdry names Wiggle exec as interim CFO in latest reshuffle
RE
04/25Fashion retailer Laura Ashley hits life-low after another results warning
RE
04/24ASOS : Online retailer Boohoo's fashion brands drive profit jump
RE
04/24BOOHOO : Appointment of Non-Executive Director
PU
04/10ASOS : shares jump as guidance reassures after profit plunge
RE
More news
Financials (GBP)
Sales 2020 1 124 M
EBIT 2020 89,6 M
Net income 2020 60,4 M
Finance 2020 219 M
Yield 2020 -
P/E ratio 2020 49,59
P/E ratio 2021 37,10
EV / Sales 2020 2,17x
EV / Sales 2021 1,69x
Capitalization 2 659 M
Chart BOOHOO GROUP PLC
Duration : Period :
Boohoo Group PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOOHOO GROUP PLC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 2,63  GBP
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Mahmud Abdullah Kamani Joint Chief Executive Officer & Executive Director
Carol Mary Kane Joint Chief Executive Officer & Executive Director
Peter Wodehouse Williams Non-Executive Chairman
Neil James Catto Chief Financial Officer & Executive Director
Harold Markry Dixon Director-Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
BOOHOO GROUP PLC36.78%3 341
INDITEX - INDUSTRIA DE DISEÑO TEXTIL11.86%85 676
KERING18.19%66 295
FAST RETAILING CO LTD22.11%62 009
ROSS STORES20.84%33 819
HENNES & MAURITZ22.23%22 236