McColl's sells 60% of open offer shares to raise £3m
31st Aug 2021 10:05
(Sharecast News) - McColl's Retail Group has raised £3m from an open offer after investors bought 60% of the shares available.
Read moreMcColl's tanks as it warns on profits, confirms cash call
12th Aug 2021 16:47
(Sharecast News) - McColl's shares tanked on Thursday after the convenience retailer warned that its full-year performance could fall short of management expectations due to availability issues, and confirmed plans for a £35m equity raise.
Read moreProfits slide at McColl's despite Covid sales boost
23rd Mar 2021 12:44
(Sharecast News) - McColl's Retail Group reported a slide in annual earnings on Tuesday, despite a surge in demand caused by the Covid-19 pandemic.
Read moreCovid-19 weighs on margins at McColl's
10th Dec 2020 12:59
(Sharecast News) - McColl's Retail Group said on Thursday that annual earnings would come in below last year's, despite revenues hitting £1.25bn, after the Covid-19 pandemic weighed on margins.
Read moreMcColl's swings to loss before tax as revenue falls
6th Aug 2020 09:37
(Sharecast News) - McColl's Retail Group swung to a loss before tax after a 1% fall in total revenue to £604.8m in its first half, it said on Thursday, reflecting store closures and lower services revenue due to the temporary withdrawal of scratch cards, offset by stronger demand since the outbreak of Covid-19 in the UK.
Read moreLiberum upgrades McColl's to 'buy'
28th Feb 2020 12:40
(Sharecast News) - Analysts at Liberum upgraded corner store operator McColl's Retail Group from 'hold' to 'buy' on Friday, citing some "positive signs" in the group's most recent update.
Read moreMcColl's dragged to a loss following 'unseasonable weather'
26th Feb 2020 15:35
(Sharecast News) - Convenience store group McColl's cancelled its dividend on Wednesday after announcing it had swung to a loss of almost ?100m in 2019.
Read moreMcColl's FY earnings to miss expectations after 'softer' H2
10th Dec 2019 11:28
(Sharecast News) - McColl's Retail Group warned on Tuesday that adjusted earnings for the year would be "marginally" below expectations as the second half was hit by unseasonable weather and weaker consumer confidence.
Read moreMcColl's maintains full-year guidance despite posting softer Q3 revenues
29th Aug 2019 08:06
(Sharecast News) - Convenience retailer McColl's Retail Group expects its full-year results to be in line with expectations despite seeing both third-quarter and year-to-date revenues slip year-on-year.
Read morePeel Hunt upgrades McColl's to 'buy' following Morrisons fascias trials
1st Mar 2019 10:56
(Sharecast News) - Analysts at Peel Hunt upgraded convenience shop and newsagent operator McColl's to 'buy' on Friday as it highlighted some of the benefits of the group's move to trial Morrisons Daily fascias in ten of its stores.
Read moreMcColl's appoints industry veteran Robbie Bell as new CFO
4th Jan 2019 07:52
(Sharecast News) - Convenience retailer McColl's Retail Group has appointed industry veteran Robbie Bell as its new chief financial officer.
Read moreLiberum cuts target price on McColl's following profit warning
3rd Dec 2018 10:28
(Sharecast News) - Analysts at Liberum cut their target price on British convenience shop and newsagent operator McColl's Retail on Monday, citing persistent challenges in the group's supply chain.
Read moreMcColl's tumbles on profit warning
3rd Dec 2018 09:13
(Sharecast News) - Shares in McColl's tumbled on Monday as the convenience shop and newsagent operator issued a profit warning due to disruption from the collapse of wholesaler Palmer & Harvey.
Read moreThursday broker round-up
26th Jul 2018 13:01
(Sharecast News) - Beazley: Berenberg upgrades to buy with a target price of 640p.
Read moreMonday broker round-up
23rd Jul 2018 12:53
(Sharecast News) - Hargreaves Lansdown: Jefferies downgrades to underperform with a target price of 1,650p.
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