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Tuesday preview: Moss Bros' online offering in focus as it reports full year results

Mon, 04th Apr 2016 13:31

(ShareCast News) - Moss Bros Group reports its 2015 preliminary results on Tuesday with analysts expecting an increase in earnings compared to the previous year.The City has pencilled in full year pre-tax profits of £5.8m, up from £4.8m in 2014. Revenue is forecast to rise to £123.1m from £114.7 the prior year, driven by online sales.In a trading update in January, the company said e-commerce sales had risen 32.7% year-on-year in the 49 weeks to 9 January."We continue to see good growth and e-commerce sales now comprise 10% of group revenue," the company said.Analysts will be looking to see how the company tackles the trend towards online retail, away from high street sales. They will also be closely scrutinising the group's formal suit hire business following two tumultuous years.In February, the company announced the appointment of Tony Bennett as new finance director and Paula Minowa as chief operating officer to help "leverage the Moss Bros brand further in new channels and new territories". Bennett is not due to join until August but Minowa started early last month.Tuesday 05 April INTERIM DIVIDEND PAYMENT DATE Carclo, Digital Globe Services Ltd (DI), Hays, Numis Corporation, Thorpe (F.W.) QUARTERLY PAYMENT DATE Barclays QUARTERLY EX-DIVIDEND DATE JP Morgan Chase & Co INTERNATIONAL ECONOMIC ANNOUNCEMENTS Balance of Trade (US) (13:30) Factory Orders (GER) (07:00) ISM Non-Manufacturing (US) (15:00) PMI Composite (EU) (09:00) PMI Composite (US) (14:45) PMI Services (EU) (09:00) PMI Services (GER) (08:55) PMI Services (US) (14:45) Retail Sales (EU) (10:00) FINALS AA , Card Factory, Hostelworld Group , Instem, Instem, Keywords Studios, Martinco , Moss Bros Group, Silence Therapeutics, Thalassa Holdings Ltd. (DI), Union Jack Oil ANNUAL REPORT Menzies(John) SPECIAL DIVIDEND PAYMENT DATE Thorpe (F.W.) AGMS PJSC LSR Group GDR (REG S), Primary Health Properties TRADING ANNOUNCEMENTS Electrocomponents, International Consolidated Airlines Group SA (CDI) UK ECONOMIC ANNOUNCEMENTS BRC Sales Monitor (00:01) PMI Services (08:30) FINAL DIVIDEND PAYMENT DATE Apax Global Alpha Limited , Computacenter, LondonMetric Property, Maintel Holdings, Rights & Issues Inv Trust Capital Shares, Rights & Issues Inv Trust Income Shares, Scottish American Inv Company
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1 Apr 2019 09:12

Joules Boss Colin Porter To Retire After Moss Bros Appointment

LONDON (Alliance News) - Joules Group PLC on Monday said that Chief Executive Officer Colin Porter will retire from the company before the end of financial 2020, following his appointment to Moss

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26 Mar 2019 16:59

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LONDON (Alliance News) - London stocks ended in the green on Tuesday amid improved market sentiment, though a firm pound kept the FTSE 100 in check.London's blue-chip index was also held back

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26 Mar 2019 09:39

Moss Bros Takes Scissors To Dividend After First Loss In Nearly Decade

LONDON (Alliance News) - Shares in Moss Bros Group PLC's were left scuffed on Tuesday after the men's formal wear seller said it swung to an annual loss, with same store sales Bros also as

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19 Mar 2019 16:07

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18 Mar 2019 10:46

Moss Bros Appoints Joules' Boss To Board As Chair Designate

LONDON (Alliance News) - Moss Bros Group PLC on Monday said it appointed Colin Porter as non-executive director of the company with immediate effect.Porter will take over the role of chair

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18 Mar 2019 10:22

Moss Bros hires Joules CEO as new chairman

(Sharecast News) - Menswear retailer Moss Bros has hired the chief executive of fashion brand Joules, Colin Porter, as its new chairman.

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1 Feb 2019 06:55

PRESS: Debenhams Interim Chair Shortlisted For Moss Bros Board

LONDON (Alliance News) - Debenhams PLC's Interim Chair Terry Duddy has been shortlisted to replace Moss Bros Group PLC's Chair Debbie Hewitt, who is to step down later this year, Sky News

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11 Jan 2019 09:25

Moss Bros sees FY loss in line with market views as discounting hits margins

(Sharecast News) - Moss Bros said on Friday that it expects to make a full-year loss in line with market forecasts as margins are getting squeezed by discounting.

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LONDON (Alliance News) - Stock prices in London are called higher Friday, with markets optimistic despite a lack of any concrete progress from trade talks between the US and China.In company news,

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21 Sep 2018 09:36

Moss Bros Shares Dressed Down By Profit Warning and Swing To Loss

LONDON (Alliance News) - Moss Bros Group PLC shares were on the sale rack Friday after the company warned that its annual operating profit will be "materially lower than current market after

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21 Sep 2018 07:48

Moss Bros swings to loss, warns over FY profit

(Sharecast News) - Moss Bros pinned the blame on the World Cup and the hot weather on Friday as it said it swung to a loss in the first half and warned that full-year operating profit will be "materially" lower than current market expectations of £2.3m.

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