RE: Valuation23 Feb 2024 07:56
Toffers, the Balance Sheet shows long and short term debt amounting to well north of £200m to my eyes. It has ballooned since JD took over, leaving Superdry simply too highly leveraged, in comparison to its ever decreasing sales. This will be the crux for any other party looking to invest. Top Line has shrunk as has the Bottom Line. (In my opinion) don't be at all surprised if JD has to step down as CEO as part of any deal. I for one, would welcome this, as he has been a bit of a disaster since he took it back! If Rolls Royce can be turned around so effectively, then so can Superdry, in my opinion. Tough but doable!
A nervy few weeks coming up now folks. Tick Tock! Tick Tock!