RE: Results expectations7 May 2024 10:00
Happy i'd be surprised if there are any surprises in the year end results.
I'm far more interested in the guidance for this year, particularly around Debenhams and US. Results to end Feb are probably too early to show a proper trend in the US, but we should hopefully see a trend emerging as we go through this year.
My couple of key watch outs are for revenue, where (as I've posted before) I expect to see Debenhams hold it back and investment in price. I'm hoping as we go through this year they get the balance better between price investment and margin requirements.
Frankly not got a clue how the sp will react, I'm more interested in the business for the next year.
I wish they would split Debenhams out for reporting purposes as I believe it has the potential to be worth more than the current market cap in the next two years.