MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above

Superdry sees increase in revenue against "challenging backdrop" as cold weather stays away

Fashion brand Superdry reported an increase in its Global Brand revenue in the first half against "a challenging backdrop" as trading was impacted by unseasonably hot weather cutting into sales of its cold-weather clothing.

Revenue grew 3.1% in the 26-week period to 17 October 2018 to £414.6m.

The company said it had not yet seen a sustained period of seasonally typical weather, adding that its full-year profits were heavily influenced by its performance in the second half, led by cold-weather products with jackets and sweats accounting for 55-60% of autumn-winter sales.

"Superdry has made significant progress in the first half. We are six months into a product diversification and innovation programme and, as we said in the summer, it will take up to 18 months for the benefits to come through," said Euan Sutherland, Chief Executive Officer.

At 8:12am: (LON:SDRY) Superdry Plc share price was +8.75p at 865.25p

Story provided by