Member Info for Reardon95

I agree Kachra. I would suggest re-watching last October's conference call. There is a lot of fat BOO can claw back and hopefully not put it all into cost and proposition for the customer to retain market share.

In my opinion BOO are in a very good place now for growth and the long and expensive lead times were a HUGE problem for BOO. Speed is up and costs are down and with the US distribution centre and automation now coming into fruition we could be back to growth in no time. There is also not a historic ageing stock problem here like our compatriot's ASOS with FY24 running at an extremely streamlined stock profile.

Fingers are well and truely crossed for the start of May. Anything under 17% top line revenue decline will be a bonus here as wemove towards our medium term margin of 6-8%. Mahmud confident we can get back to 10% in the not so near future.

BOO have already confirmed we are within "Market expectations" so there should be some positives around the corner .

I doubt it, he just wants to make money from the share price increase when the time comes is my bet.

Where's big fat mike at?

Worth a watch and a recap.

Interested to see what they have delivered.

https://stream.buchanan.uk.com/broadcast/6504762150a62b392af14caa/66296fee6e6d84cc78715595

Is this ever going to move?! So painful

That’s better 👏

THG results showing some green shoots 👏

I’d be very happy to accept Trendyols previous offer of £1bn + for ASOS. Will they come back for another bite of the cherry 🍒

FTSE at record highs, BOO at record lows...Rather painful I must say

If I'm completely honest I can't see this trading above £1 for a VERY long time. It was valued on massive P/E ratio's before 2022 because it was growing exponetially, 40-50% revenue increase year on year with a very healthy profit margin. Unfortunately it is now in large revenue decline territory and loss making hence the massive re-rate in SP.

I must say I would happily accept a takeover offer of 80p from the likes of Shein. That would be cheap historically, gaining 13 established brands and a host of automated warehouses and a vast list of suppliers.

Definitely worth it watching ASOS investor call. Shows some insight in to how BOO’s results may fair. Especially positive as we do not have the old stock problem that has cursed ASOS over the last few years and the higher margin we have operated on should really help us here. Input costs have largely fallen this past year and Mahmud and co will really be squeezing our suppliers for the best deals.That coupled with falling freight costs, automation and reduced headcount could really surprise in the gross margin improvements.

Red Sea costs will impact us negatively in H2 but i think this will be marginal here as BOO tends to have a very flexible supply chain.

Generally interested to see the numbers come May. 🤞

I'm thinking the silence from the company could be attributed to that they are saving all the finer details for the results in May.

Hopefully that will be enough to burn the shorts here and finally get the SP moving in the right direction again.

This is just speculation as per...Will not move the SP in anyway until we get an RNS confirmation.

Those £125m of cost savings will be doing wonders for the bottom line. How much we will see translated in the next set of financials?

FY2026 is where we will see most of the efficiencies realised here with redunancies, automation and cost savings baring fruition as well as returns on the Debenhams platform and the "labels" in them.

Perhaps there is a lot of good news to come out of BOO. The SP just doesn't reflect this currently.

Sam I’m sorry but that makes no sense…🤦‍♂️

nice update on linkedin from emma ramsden

lets talk menswear 👖 boohooman.com

👚 due to strong business performance and an exciting new strategy... sophie po**** and i are looking to hire a number of new roles within product & trading = buying, design, merchandising & ecommerce.

we are keen to speak with manchester based fashion specialists who share the passion and vision of the boohooman brand and are ready to step into the following roles:

👉 buyer - denim (will consider other similar product areas)

👉 buyer - non clothing - covers all hard and soft inc footwear

👉 junior buyer - jersey (will consider other backgrounds)

👉 assistant buyer

📉 merchandiser - activewear

📉 junior merchandiser

📉 assistant merchandiser

🎨 graphic designer

🎨 designer multi-product

💻 senior ecommerce executive

💻 visual merch assistant

The fortunes of ASOS and BOO are definitely improving. This will be exacerbated with falling interest rates which I think are imminent at these levels of inflation.

Just patiently awaiting the burning on the shorts here. Especially Eleva who have a large short position which hasn't moved for months.

We need a catalyst here! Even large director buys at ASOS and Big Mike taking huge chunks in each companies hasn't had a positive effect.

A takeover proposition or sector re-rate might be the only thing powerful enough to budge either of these shares.

Patienece is key here

Disappointing day all round.

Let’s hope for a better day tomorrow, good luck all!

Hoping this turn around is gathering some momentum. We really need a positive catalyst here to get rid of those pesky shorts.

That’s right someone could buy this for peanuts. This is definitely pump and dump territory but my bet it will get around the £3m market cap before any large spikes begin. There is also the matter of these revolutions getting dismissed and voted out by shareholders, so no certainties either way.

However, either way it does not look good for LTH here. The only glimmer of light would be if any interested party swooped in to rescue it before JD shafts the holders or it goes into admin.

I’m not sure there would be many interested parties looking to take on this level of debt in this climate. One to keep an eye on for sure.