Warpaint London PLC - Buckinghamshire-based cosmetics maker - Reports strong trading continued in first quarter of 2021 after better-than-expected second half of 2020. Sales increased and gross margin widened year-on-year. Tesco PLC is stocking an additional 15 product lines in 600 large supermarkets, and has placed a substantial order for Christmas. US retailer Five Below is stocking products in over 1,000 stores following successful trial. Warpaint plans to launch Amazon.com Inc EU store in "near future" as online sales accelerate. Results for 2020 to be released on April 28.
Current stock price: 122.00 pence, up 13% on Tuesday
Year-to-date change: up 61%
By Ivan Edwards; ivanedwards@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Tesco (TSCO)
Warpaint London (W7L)
