Canaccord cuts Bonmarche to 'hold' from 'buy'

28th Sep 2016 08:48

(ShareCast News) - Clothing retailer Bonmarche shares was under the cosh on Wednesday after Canaccord Genuity cut its rating to 'hold' from 'buy' and lowered its target price to 90p from 160p. The company last week issued a profit warning after reporting poor sales of its autumn range in September d

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Bonmarche warns on profits as weather dampens sales, clouds outlook

21st Sep 2016 08:11

(ShareCast News) - Befuddled by the inconsistent weather so far this year, over-50s clothing retailer Bonmarché cut its full year profit guidance after like-for-like sales continued to suffer in the second quarter. Profit before tax for the year to 31 January is now expected to be in a range between

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Bonmarché posts FY profit, lifts divi amid difficult retail sector

10th Jun 2016 12:24

(ShareCast News) - Women's value retailer Bonmarché has turned in a lower annual pre-tax profit but bumped its total divided higher in a year that saw difficult trading conditions across the retail sector. The results showed like-for-like store sales up 0.7% and online sales up 3.6%. Revenue was £18

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Bonmarche slides after cautious outlook

8th Apr 2016 09:06

(ShareCast News) - Shares in Bonmarche slid on Friday after the retailer said full year pre-tax profit will be at the lower end of guidance. Back in December, the company said pre-tax profit would be between £10.5m and £12m. Total sales were up 5.3% for the year ended 26 March, while like-for-like

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Bonmarche Christmas sales drop; guidance reiterated

15th Jan 2016 09:24

(ShareCast News) - Women's value retailer Bonmarche posted a drop in sales over Christmas but reiterated its guidance for the year. The company posted a 0.8% drop in like-for-like sales for the 13 weeks to 26 December. In the five weeks to the end of December, LFL sales were down 2.7%. This compared

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Sunday newspaper round-up: Retailers, ECB, Floods

27th Dec 2015 18:20

(ShareCast News) - Hedge funds are sharpening their claws ahead of what they hope will be a raft of poor Christmas trading updates from several of the main High Street retailers next week. Their expectation is that a profit warning from Game Digital the day before Christmas Eve and another from Bonm

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Bonmarche tumbles on profit warning, CEO exit

16th Dec 2015 09:56

(ShareCast News) - Shares in women's value retailer Bonmarche tumbled as the company warned over its full year profits and said chief executive Beth Butterwick was stepping down. The group had said in its interim results in November that its expectations for the year would remain unchanged provided

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Bonmarche posts 55% rise in full-year pre-tax profit

12th Jun 2015 08:09

Clothing retailer Bonmarche reported a 55.3% rise in full-year pre-tax profit on Friday, as warmer than average weather created strong demand for big seasonal categories such as jersey tops, cropped trousers, shorts and swimwear. Pre-tax profit came in at £12.4m, compared with £8m last year, while r

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Bonmarché sales hurt by mild weather during second half

10th Apr 2015 16:35

Ladies retailer Bonmarché Holdings saw its shares fall by 6% on Friday as its sales were hurt by weather conditions during the second half of the year. The group's full-year revenues grew by 8.7% thanks to online sales up 36.9%. However, like-for-like sales during the 13 weeks to March 2015 decline

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Summer ranges smarten up Bonmarché Q1 sales

31st Jul 2014 12:29

Good demand for spring and summer fashion ranges brightened up first quarter sales at ladies' fashion discounter Bonmarché. Bonmarché said like-for-like shop sales rose 13.5% in the 13 weeks to 28 June while online sales soared 53.5%. Combined store and website sales lifted 15.8% and total sales i

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Bonmarché sees results ahead of forecasts after Q4 sales pick up

11th Apr 2014 07:28

Bonmarché, the High Street value womenswear retailer, reported double-digit like-for-like (LFL) sales over its financial year after a strong fourth quarter. The company, which focuses on clothing in a wide range of sizes for mature women, said that the board now expects the outcome for the full yea

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Sector movers: Retail stocks boosted strong sales at John Lewis

10th Jan 2014 15:35

General retail stocks were on shopping lists on Friday after strong results from High Street bellwether John Lewis and data showing a surge in online retail sales during December. According to the British Retail Consortium (BRC), overall retail sales rose at a year-on-year rate of 0.4% last month,

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