Gear4music expects FY profits to beat expectations

2nd Apr 2020 09:44

(Sharecast News) - Musical equipment retailer Gear4music expects full-year profits to be ahead of previous expectations following commercial and operational progress made during the period.

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Gear4music sales grow during last two months of 2019

23rd Jan 2020 10:08

(Sharecast News) - Online musical equipment retailer Gear4music saw total sales increase in the two months ended 31 December, reflecting the commercial and operational progress made across the group during the last calendar year.

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Gear4music cuts losses after jump in international revenue

12th Nov 2019 11:15

(Sharecast News) - Gear4music on Tuesday reported a narrowed interim loss as revenue improved on the back of international growth, though fierce competition hampered UK sales.

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Gear4music improves gross margins in first half

22nd Oct 2019 15:52

(Sharecast News) - Musical instruments and equipment retailer Gear4music Holdings updated the market on its trading for the six months ended 30 September on Tuesday, reporting total sales growth of 16% year-on-year to £49.4m.

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Gear4music positive ahead of peak trading period

30th Aug 2019 09:46

(Sharecast News) - Online musical instrument and equipment retailer Gear4music said on Friday that the actions it had undertaken to improved gross margins and ensure its operational robustness were continuing to yield positive results ahead of its peak trading period.

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Gear4music swings to loss as costs outweigh revenue growth

25th Jun 2019 15:56

(Sharecast News) - Gear4music's shares slid on Tuesday after it swung to a loss as increased cost of sales and administrative expenses offset double-digit revenue growth.

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Gear4Music warns on profits as margin pressure offsets sales growth

2nd Apr 2019 08:08

(Sharecast News) - UK-based online musical instruments retailer Gear4Music issued a profit warning on Tuesday as increased costs and competition offset improved sales.

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Gear4music crashes on profit warning

4th Jan 2019 08:12

(Sharecast News) - Gear4Music hit a bum note at the opening bell on Friday as the retailer warned investors that full-year profits would now likely be "slightly below" the previous year as capacity constraints held back sales growth.

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Sunday share tips: Gear4Music, Just Eat, Direct Line

28th Oct 2018 14:34

(Sharecast News) - A round-up of Sunday's newspaper share tips, including Gear4Music in the Mail on Sunday, Just Eat in the Sunday Times and Direct Line in the Sunday Telegraph.

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Gear4music's revenue boosted by success of international expansion

16th Oct 2018 08:36

(Sharecast News) - Gear4music remains on track to meet expectations after it reported a strong increase in first-half revenue on Tuesday as UK and international business both expanded.

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Gear4music sales growth ahead of expectations

7th Sep 2018 08:09

(Sharecast News) - Online retailer Gear4music saw sales grow ahead of the company's own forecasts in the first half of its trading year, boosted by a 230% rise in fulfilled orders from its German distribution centre.

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Gear4music revenue growing amid competitive market

27th Jul 2018 14:18

(Sharecast News) - Musical instrument and equipment retailer Gear4music told shareholders that revenue growth was still strong amid a "highly competitive" market on Friday, ahead of the annual general meeting during the afternoon.

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Gear4music sees FY profit ahead of previous expectations

6th Jan 2017 07:58

(ShareCast News) - Online instruments retailer Gear4music said on Friday that it expects full-year profit to be above its previous estimates as it posted growth in sales for the four months from 1 September to 31 December 2016. Total sales in the period were up 55% to £24.4m from the year before, wi

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Gear4Music posts jump in interim sales

6th Sep 2016 09:07

(ShareCast News) - Musical instruments and equipment retailer Gear4Music reported a jump in interim sales as it said the business was well placed to cope with the impact of the UK's decision to leave the European Union. In a trading update for the six months to the end of August, the company said UK

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Gear4music poised to deliver on FY profit views

29th Jul 2016 12:05

(ShareCast News) - Gear4music is encouraged by its trading performance in the first four months of the current financial year, and says it is poised to deliver on its full-year profit expectations. In the four months to 30 June, total sales were £13.8m, up 66% from £8.3m a year earlier. Within this,

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