Gear4music trades in line, gross margins and profitability improves
24th Apr 2024 10:40
(Sharecast News) - Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability improvements.
Read moreGear4music lowers revenue expectations as it focuses on profitability
14th Nov 2023 12:06
(Sharecast News) - Musical instrument and equipment online retailer Gear4music reported a 6% fall in total revenues in its first half on Tuesday, to £63.6m, although it adjusted its full-year revenue expectations downward.
Read moreGear4music H1 revenues down despite UK growth
19th Oct 2023 11:20
(Sharecast News) - Musical instruments retailer Gear4music reported a drop in interim revenues on Thursday despite seeing modest growth in the UK.
Read moreGear4music trading in line as it focuses on cost reductions
8th Sep 2023 13:52
(Sharecast News) - Musical instrument and equipment retailer Gear4music said in an update on Friday that trading in the financial year to date had been in line with the board's expectations.
Read moreGear4music warns on profits, cites weaker consumer demand
6th Apr 2023 07:24
(Sharecast News) - Gear4music warned on full-year profits on Thursday as it pointed to weaker consumer demand.
Read moreGear4music margins struggle through December quarter
19th Jan 2023 16:22
(Sharecast News) - Gear4music reported an 11% rise in European sales in the December quarter on Thursday, to £23.5m, which it put down to the successful execution of infrastructure investment during 2022 to improve its customer proposition.
Read moreSales rise ahead of Gear4music's peak trading period
20th Oct 2022 17:30
(Sharecast News) - Musical instruments and equipment retailer Gear4music reported total first-half sales growth of 2% to £66.3m in a trading update on Thursday, despite the challenges it described in September.
Read moreGear4Music downgrades expectations for 2023
9th Sep 2022 08:10
(Sharecast News) - Gear4music downgraded its full-year expectations on Friday, pointing to the cost-of-living crisis and a lack of visibility over when consumer sentiment might improve, sending shares in the musical instruments retailer tumbling.
Read moreGear4music FY earnings slip against Covid-fuelled outperformance
21st Jun 2022 10:13
(Sharecast News) - Musical equipment retailer Gear4music said on Tuesday that revenues and profits had slipped in the twelve months ended 31 March as Covid-fuelled comparatives proved too tough to match.
Read moreDirector dealings: Energean non-exec makes £1.35m sale, Gear4music CEO invests
16th May 2022 13:52
(Sharecast News) - Musical instruments and equipment retailer Gear4music was at the top of the list of director buys on Monday, after its chief executive officer spent over £90k on shares.
Read moreGear4Music shares slump as FY EBITDA set to miss expectations
21st Apr 2022 07:45
(Sharecast News) - Shares in musical equipment retailer Gear4music tumbled on Thursday after it revealed full-year underlying earnings would be markedly lower in 2022 after total sales slipped as an uptick in the UK was offset by a decline in Europe and the rest of the world.
Read moreDirector dealings: Gear4music CEO nets £12m in institutional sale
13th Dec 2021 15:04
(Sharecast News) - The founder and chief executive officer of musical instruments and equipment retailer Gear4music enjoyed a £12m payday on Monday, after he sold 1.65 million shares in the company.
Read moreGear4Music UK revenues return to growth, EU sales impacted by post-Brexit challenges
9th Sep 2021 09:13
(Sharecast News) - Musical instruments and equipment retailer Gear4music said on Thursday that UK revenues had returned to growth during July and August but cautioned that European revenues were still being impacted by post-Brexit challenges.
Read moreGear4music revenues surge in 'transformational year'
22nd Jun 2021 08:27
(Sharecast News) - Musical instruments and equipment retailer Gear4music said on Tuesday that the 2021 trading year had been "a transformational year for the group", with the firm delivering "an exceptional financial performance" despite "unprecedented operational challenges" presented by the Covid-19 pandemic and Brexit.
Read moreGear4music FY sales surge amid pandemic
22nd Apr 2021 09:17
(Sharecast News) - Musical equipment retailer Gear4music said on Thursday that annual sales had surged across the group in the twelve months ended 31 March.
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