(ShareCast News) - Shares in Mothercare were up more than 4% as it flagged significant progress towards returning its UK operation to profitability. The group booked a full-year underlying pre-tax profit of £19.6 million, up 50.8% from the prior year's profit of £13.9 million. There was no dividend.
Read more(ShareCast News) - Berenberg downgraded Mothercare to 'sell' from 'hold' and slashed the price target to 130p from 250p following the company's update on Thursday. The bank said the fourth quarter trading statement was downbeat, highlighting a material slowdown in the international division. In the
Read more(ShareCast News) - Shares in Mothercare tumbled as the retailer highlighted difficulties in its international business. In the 11 week period to 26 March, International retail sales were down 9.7% at constant currency, with sales in actual currency down 10.8%. In the Middle East, consumer sentiment
Read more* Internal and external candidates considered for CEO job * CEO Michael Sharp formally resigns * First-half profit beats expectations * Shares up 3.2 pct (Adds chairman, CEO comment, shares) By James Davey LONDON, April 14 (Reuters) - Debenhams, Britain's second-la
Read more(ShareCast News) - Peel Hunt upgraded its rating on Mothercare to 'buy' from 'hold' and set a target price of 275p that offers more than 45% upside to the shares' last close. The broker acknowledged the irony of Mothercare's UK business crawling back on track to return to profitability next year, co
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