Mothercare hit by tough Middle East trading
24th Nov 2023 07:54
(Sharecast News) - Mothercare reported a rise in first-half profit on Friday, but sales fell due to pressures in the the Middle East and the retailer warned that more of its franchise stores could close.
Read moreShore Capital upbeat on Mothercare's future, but stock still a 'hold'
22nd Sep 2023 10:59
(Sharecast News) - Mothercare's forecast-beating annual results demonstrate "resilience and adaptability" according to Shore Capital, but that wasn't enough to change the broker's 'hold' rating.
Read moreMothercare swings to loss, still beats expectations on earnings
22nd Sep 2023 09:45
(Sharecast News) - Infant and young children's retailer Mothercare reported a loss of £0.1m in its full-year results on Friday, swinging from a profit of £12.1m in 2022.
Read moreMothercare CEO Le Vesconte steps down
9th Jun 2023 07:11
(Sharecast News) - Mothercare said on Friday that chief executive officer Daniel Le Vesconte has stepped down with immediate effect, and that its performance remains on track.
Read moreMothercare in refinancing talks, shares tumble
4th May 2023 10:38
(Sharecast News) - Mothercare shares tumbled on Thursday after the parent and child retailer said it was in refinancing talks with its lender as it might require waivers to future periods' covenant tests.
Read moreDirector dealings: Mothercare director makes share purchase
8th Feb 2023 14:43
(Sharecast News) - Mothercare revealed on Wednesday that non-executive director, Mark Newton-Jones had acquired 604,789 ordinary shares in the London-listed retailer.
Read moreMothercare appoints new CEO; interim profits slump
24th Nov 2022 09:42
(Sharecast News) - Mother and child retailer Mothercare posted a drop in interim profits on Thursday as it announced the appointment of Daniel Le Vesconte as its new chief executive officer.
Read moreSunday newspaper round-up: PD Ports, OneWeb, Tax cuts
18th Sep 2022 19:01
(Sharecast News) - Australian investment outfit Macquarie is studying a possible £1bn bid for PD Ports, the logistics empire that includes the strike-plagued Felixstowe port in the south or Teesport in the northeast. An auction by PD 's owner, Canadian private equity firm Brookfield, was cancelled in November following a legal spat with the South Tees Development Corporation, which owns the land around Teesport. Bids at the auction had reached around £1.3bn but the economic backdrop and performance of PD Ports had worsened since then. Originally, PD Ports had sought a sale price of £2.0bn. - The Sunday Times
Read moreMothercare full-year earnings set to beat expectations
11th Apr 2022 07:40
(Sharecast News) - Specialist young childrens' retailer Mothercare reported unaudited net worldwide sales of £385m for the financial year just ended on Monday, which it said was "significantly impacted" by the "varied experiences" of Covid-19 in its franchisee markets.
Read moreMothercare suspends Russian business, shares tank
9th Mar 2022 08:21
(Sharecast News) - Mothercare shares crashed on Wednesday after the retailer said it had suspended its operations in Russia, to which it has significant exposure.
Read moreMothercare returns to profit as costs drop
25th Nov 2021 08:07
(Sharecast News) - Mothercare returned to profit as cost cuts more than made up for declining revenue at the baby and child products company.
Read moreMothercare losses widen as Covid restrictions dent revenues
29th Jul 2021 10:23
(Sharecast News) - Mothercare reported a widening of its full-year losses on Thursday as it took a hit from Covid restrictions.
Read moreMothercare forecasts return to profit in FY 2021
25th May 2021 11:32
(Sharecast News) - Mothercare expects to return to the black this year despite a hefty slide in annual sales, the parent and child specialist confirmed on Tuesday.
Read moreMothercare completes overhaul and swings to loss
26th Nov 2020 09:20
(Sharecast News) - Mothercare said its transformation plan was completed as the parent and child product seller reported a loss for the first half of its financial year.
Read moreMothercare full-year losses narrow
25th Sep 2020 07:41
(Sharecast News) - Beleaguered mother and child retailer Mothercare reported a decline in full-year revenue on Friday but a narrowing of its losses as it said it was looking forward to a "brighter and stable future".
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