N Brown full-year profits beat expectations
2nd May 2019 09:42
(Sharecast News) - Specialist womenswear retailer N Brown said on Thursday that it swung to a statutory full-year loss, but adjusted pre-tax profit came in ahead of expectations.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreN Brown tumbles as it warns over offline sales, slashes dividend
11th Oct 2018 11:28
(Sharecast News) - Specialist fashion retailer N Brown tanked on Thursday as it slashed its interim dividend and warned that a drop in offline revenue will hold back overall revenue growth.
Read moreBerenberg starts coverage of N Brown, Quiz and Joules
9th Oct 2018 14:03
(Sharecast News) - Berenberg started coverage of N Brown, Quiz and Joules on Tuesday as it took a look at the broader retail sector, noting that the gap in performance between online and store-based retail in the past three years has been huge.
Read moreN Brown CEO Angela Spindler to step down
12th Sep 2018 14:35
(Sharecast News) - Fashion retailer N Brown said on Wednesday that its chief executive officer Angela Spindler will leave the group at the end of this month after just over five years in the job.
Read moreN Brown sales sashay higher in third quarter
19th Jan 2017 07:53
(ShareCast News) - N Brown made strides over the festive period, with revenue growth accelerating at the specialist-fit clothing retailer in its third quarter. The FTSE 250 group, which is being revamped by chief executive Angela Spindler, grew revenue 4.1% in the 18 weeks to 31 December, up from th
Read moreSector movers: Retailers hard hit by woes at Next
4th Jan 2017 15:43
(ShareCast News) - Fashion retailers' shares got whacked after Next posted lower-than-expected sales for the period over Christmas and warned that further weakness may lie ahead. Group sales from the start of November until Christmas Eve shrank 0.4%, as a 3.5% decline in shop sales was largely of
Read moreThursday broker round-up
13th Oct 2016 13:43
(ShareCast News) - Ted Baker: Goldman Sachs keeps at buy with a target price of 3140p. Brown N: HSBC reiterates hold, 205p target. MITIE: Citigroup keeps at neutral with a 280p target. Prudential: Societe Generale reiterates outperform with a 1250p target. Astrazeneca: Jefferies keeps at buy with
Read moreFTSE 250 movers: Clothing retailers outstrip weight of gold miners
11th Oct 2016 14:32
(ShareCast News) - While its larger sibling fell into the red after soaring to record levels, the FTSE 250 was still in positive territory on Tuesday afternoon, as positive earnings reports provided good cheer. After some difficult months for the sector as weather played havoc with their seasonal sa
Read moreN Brown profits slim less than feared as sales swell
11th Oct 2016 07:05
(ShareCast News) - Profits fell 20% in the first half of the year for specialist-fit clothing retailer N Brown, but this was ahead of consensus forecasts and followed a recovery in sales in the second quarter. The interim dividend was held flat at 5.67p as the company revealed the the autumn-winter
Read moreFTSE 250 movers: Oil surge lifts mid-caps, N Brown down
10th Oct 2016 15:43
(ShareCast News) - Led by a group of resources stocks and a late surge in oil prices, the FTSE 250 moved into positive territory on Monday afternoon. Copper-focused Kaz Minerals and steel maker Evraz topped the leader board ahead of their third-quarter production updates later this month. There
Read moreMonday broker round-up
26th Sep 2016 14:17
(ShareCast News) - N Brown: HSBC downgrades to hold with a target price of 205p. Kingfisher: UBS downgrades to neutral, 390p target. Morrison: Credit Suisse keeps at neutral with a 200p target. WPP: Jefferies downgrades to hold with a 1850p target. Wolseley: Exane BNP Paribas keeps at underperfor
Read moreThursday broker round-up
22nd Sep 2016 13:35
(ShareCast News) - Dunelm: HSBC starts coverage at buy with a target price of 1000p. Brown N Group: UBS keeps at neutral, 190p target. Tesco: Barclays keeps at neutral with a 215p target. Associated British Foods: Credit Suisse reiterates outperform with a 3550p target. BBA Aviation: Barclays kee
Read moreN Brown discovers accounting mistake, late to roll out online platform
21st Sep 2016 16:00
(ShareCast News) - N Brown revealed its US web platform will be launched later than planned, that it made a mistake in an earlier calculation of financial customer complaint redress and that its JD Williams subsidiary has gained regulatory approval to continue offering consumer credit. The FTSE 250
Read moreN Brown confident despite subdued start to year
16th Jun 2016 07:15
(ShareCast News) - Trading has remained subdued at N Brown but nowhere near as bad as analysts has been fearing, lifting shares from their four-year low with management confident that a second half improvement will see the clothing retailer hit its full year targets. Group revenue was down 0.2% in t
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