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Tue, 25th Aug 2020 12:31
Naked Wines PLC- Norwich, Norfolk-based online wine retailer - Chief Financial Officer James Crawford buys 3,000 shares at GBP4.41, worth GBP13,230, on Monday. Now has 156,672 shares, a 0.2% stake.
Current stock price: 453.00 pence
Year-to-date change: doubled, 226.00p on Dec 31
By Tom Waite; thomaslwaite@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
(ShareCast News) - Majestic Wine's shares fell on Friday as Canaccord Genuity reiterated a 'sell' rating and cut the target price to 290p from 350p. The company last Wednesday issued a profit warning, saying it had been hit by the costs of a failed marketing campaign for its Naked Wines business in
Read more(ShareCast News) - Majestic Wine shares tumbled on Wednesday after the company said it expects 2017 profits to be below current market expectations due to lower-than-expected sales in its commercial business and investment in the US division of Naked Wines. Current pre-tax profit consensus expectati
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Read more(ShareCast News) - Majestic Wine posted a big drop in full-year profit despite a surge in revenue, as the acquisition of Naked Wines hit profitability. In the year ended 28 March, pre-tax profit tumbled 74.5% to £4.7m while revenue pushed up to £402.1m from £284.5m. The company said the decline in p
Read more(ShareCast News) - Peel Hunt initiated coverage of Majestic Wine at 'buy' with a 540p price target. "Majestic Wine should be seen as an online growth play alongside a store-based cash cow. Most of the potential here lies in the fast-growing Naked Wines, which has disrupted the UK market and is doing
Read more(ShareCast News) - Wine crowdfunding platform Naked Wines was eyeing up an exceptional financial year on Tuesday, breaking through the £100m annual sales barrier for the first time. The AIM-traded Majestic Wine, which owns and operates the Naked platform, said the milestone had been achieved since t
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