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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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(ShareCast News) - Menswear retailer Moss Bros reported a 3.3% rise in total sales in the 15 weeks to 14 May on Friday, as investors gathered for the annual general meeting, with like-for-like sales up 5%. The company's retail sales climbed 5.1% during the period, with hire sales growing 4.7%. Of t

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Moss Bros full year profit up 23%

(ShareCast News) - Specialist menswear retailer Moss Bros posted a rise in full year profit and sounded an upbeat note on current trading. In its preliminary results for the 52 weeks to 30 January, Moss Bros said underlying pre-tax profit rose 23.1% from the previous year to £5.9m. Like-for-like sa

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5 Apr 2016 07:33

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29 Mar 2016 15:11

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19 Feb 2016 08:57

Moss Bros appoints new FD and COO

(ShareCast News) - Specialist menswear retailer Moss Bros has appointed Tony Bennett as group finance director and Paula Minowa as chief operating officer. Bennett, currently the FD at Charles Tyrwhitt, will take over the role from Robin Piggott, who announced his intention to retire in September.

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19 Feb 2016 07:58

Moss Bros Appoints New Finance Director And Chief Operating Officer

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26 Jan 2016 07:38

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14 Jan 2016 10:13

Moss Bros sales grow despite challenging autumn

(ShareCast News) - Formal menswear specialist Moss Bros reported a rise in sales for the 23 weeks from 2 August to 9 January, as its promotional strategy offset a challenging trading environment in autumn. Like-for-like sales were up 4.2% on the previous year, while total sales for the period were 4

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14 Jan 2016 08:43

Moss Bros Reports Successful Eveningwear Season Despite Warm Weather

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