Iconic bootmaker Dr Martens issues profit warning
19th Jan 2023 07:39
(Sharecast News) - Dr Martens warned on profits on Thursday as the iconic bootmaker was hit by operational issues at its Los Angeles distribution centre and weaker trading in the US direct-to-consumer segment.
Read moreDr Martens profits slip, dividend up & price rise on the way
24th Nov 2022 07:03
(Sharecast News) - Shares in Dr Martens slumped on Thursday as the famous UK shoe brand warned of lower core profit margins after interim profit fell on weaker direct-to-consumer sales in the second quarter and said it would raise prices to offset inflation.
Read moreDirector dealings: On the Beach, Dr. Marten's execs pick up shares
23rd Aug 2022 12:04
(Sharecast News) - On the Beach was at the top of the list of director buys on Tuesday, after founder and chief executive officer Simon Copper picked up 1.53m shares in the company.
Read moreDr Martens trading in line, backs FY guidance
14th Jul 2022 07:46
(Sharecast News) - Iconic bootmaker Dr. Martens reiterated its full-year guidance on Thursday as it said trading since the start of this financial year has been in line with its expectations.
Read moreDr Martens FY PBT surges amid 'very strong' performance
1st Jun 2022 07:04
(Sharecast News) - Dr Martens shares surged on Wednesday after the iconic bootmaker lifted its revenue guidance for next year as it posted a big jump in full-year pre-tax profits, driven by a "very strong" performance in the Americas and Europe, the Middle East, and Africa.
Read moreBarclays lowers target price on Dr Martens
13th Apr 2022 09:36
(Sharecast News) - Analysts at Barclays cut their target price on iconic bootmaker Dr Martens from 480.0p to 360.0p on Wednesday but said it still sees as much as 50% upside to the stock's current price.
Read moreDr Martens shares in the red amid slowing sales growth, declining APAC sales
27th Jan 2022 07:51
(Sharecast News) - Shares in bootmaker Dr Martens slumped early on Thursday despite it posting third-quarter group revenues that were in line with internal expectations amid slowing sales growth and a significant drop in sales across the Asia-Pacific region.
Read moreDr Martens tumbles as Permira sells 65m shares in placing
6th Jan 2022 08:08
(Sharecast News) - Dr Martens tumbled on Thursday after private equity firm Permira sold 65m shares in the iconic bootmaker in a placing, which made up around 15% of its holdings.
Read moreDr Martens warns on shipping delays in US as it posts H1 profit
9th Dec 2021 07:23
(Sharecast News) - Iconic UK footwear brand Dr Martens posted a 46% rise in interim profits, driven by a recovery in physical stores sales as they reopened from Covid curbs, but warned that shipping delays in its US business due to supply chain constraints would continue into the next fiscal year.
Read moreBarclays upgrades Dr Martens to 'overweight'
1st Dec 2021 08:23
(Sharecast News) - Barclays upgraded Dr Martens to 'overweight' from 'equalweight' on Wednesday, keeping the price target at 480p, as it argued that the iconic footwear company has an "attractive brand with many levers to drive revenue and EBITDA growth".
Read moreDr Martens Q1 revenues jump, trading 'slightly ahead'
29th Jul 2021 08:29
(Sharecast News) - Iconic boot maker Dr Martens said on Thursday that revenues jumped in the first quarter, with trading "slightly" ahead of its expectations and growth across all regions.
Read moreTuesday broker round-up
13th Jul 2021 12:58
(Sharecast News) - Dr Martens: Goldman Sachs upgrades to buy with a target price of 535p.
Read moreGoldman Sachs upgrades Dr Martens to 'buy'
13th Jul 2021 09:43
(Sharecast News) - Goldman Sachs upped Dr Martens to 'buy' from 'neutral' on Tuesday, hiking the price target to 535p from 490p.
Read moreDirector dealings: Dr Martens director makes shares purchase
21st Jun 2021 15:57
(Sharecast News) - Dr Martens revealed on Monday that non-executive director Robyn Perriss had acquired 20,000 ordinary shares in the FTSE 250-listed boot-maker.
Read moreDr Martens revenue, earnings jump in first results as listed company
17th Jun 2021 07:36
(Sharecast News) - In its first results as a listed company, Dr Martens reported a jump in full-year revenue and earnings on Thursday thanks to solid online sales, as it reiterated its medium-term guidance.
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