Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
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 - 09/25 11:38:24 am
373.8 GBX   +15.23%
09/25BOOHOO GROUP PLC : half-yearly earnings release
09/25BOOHOO : to tackle failings in Leicester supply chain
RE
09/25BOOHOO : to tackle failings in Leicester supply chain
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Boohoo : sees sales surge in first quarter, adds Oasis to online range

share with twitter share with LinkedIn share with facebook
06/17/2020 | 03:35am EDT
FILE PHOTO: A shopper walks pass advertising billboards for Boohoo and for 'Pretty Little Things', a Boohoo brand, at Canary Wharf DLR station in central London

Online fashion success story Boohoo said on Wednesday it would top market expectations for profits and sales again this year after first-quarter results showed revenue up 45% as it adapted quickly to the coronavirus lockdowns.

Shares of the company rose nearly 10% in early deals as it said it was buying the online businesses of Oasis and Warehouse, snapping up a pair of struggling brands it said would help it build on its momentum at a time when many brick-and-mortar retailers are collapsing.

Boohoo, which owns the Nasty Gal and prettylittlething brands, has become a hit with a generation of younger consumers who shop on their mobile phones and share fashion tips on social media. It last year bought Karen Millen and Coast.

"Whilst there is a period of uncertainty within the markets in which we operate, the Group is well-positioned to continue making progress towards leading the fashion e-commerce market globally," Chief Executive Officer John Lyttle said.

Revenue surged to 367.8 million pounds from 254.3 million pounds a year earlier, well ahead of the consensus of a 15% growth, according to Jefferies analysts.

The analysts said they view the acquisition of Oasis and Warehouse "as a low risk and likely high returning opportunity, one that provides further evidence of the long-term potential in boohoo's multi-brand platform".

Manchester-based Boohoo bought the brands from Hilco Capital for 5.25 million pounds.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Aditya Soni and Anil D'Silva)

share with twitter share with LinkedIn share with facebook
All news about BOOHOO GROUP PLC
09/25BOOHOO GROUP PLC : half-yearly earnings release
09/25BOOHOO : to tackle failings in Leicester supply chain
RE
09/25BOOHOO : to tackle failings in Leicester supply chain
RE
09/10The fund managers, the sleuths and the mystery of the missing ESG
RE
09/03ASOS, AO World and Ocado winners as online sales surge during UK lockdown
RE
08/20UK retailer AO World's sales surge as demand continues after lockdown
RE
07/19UK lawmakers, retailers call for action to prevent garment workers' exploitat..
RE
07/17BOOHOO : tells UK Home Secretary it is probing charges of malpractice in supply ..
RE
07/17BOOHOO : Credit Suisse remains Neutral
MD
07/14Online electrical retailer AO World posts profit, sales rise
RE
More news
Financials
Sales 2021 1 582 M 2 018 M 2 018 M
Net income 2021 84,9 M 108 M 108 M
Net cash 2021 329 M 420 M 420 M
P/E ratio 2021 56,2x
Yield 2021 -
Capitalization 4 346 M 5 520 M 5 544 M
EV / Sales 2021 2,54x
EV / Sales 2022 2,00x
Nbr of Employees 2 692
Free-Float 78,8%
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
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 402,15 GBX
Last Close Price 374,50 GBX
Spread / Highest target 37,5%
Spread / Average Target 7,38%
Spread / Lowest Target -49,3%
EPS Revisions
Managers
NameTitle
John Lyttle Chief Executive Officer & Director
Mahmud Abdullah Kamani Executive Chairman
Neil James Catto Chief Financial Officer & Executive Director
Jo Graham Chief Information Officer
Carol Mary Kane Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
BOOHOO GROUP PLC25.71%5 520
INDUSTRIA DE DISEÑO TEXTIL, S.A.-25.53%84 748
KERING SA-3.28%82 210
FAST RETAILING CO., LTD.-0.31%62 628
ROSS STORES, INC.-24.47%31 304
HENNES & MAURITZ AB-22.72%26 676