Its got to be good news12 Jan 2019 13:03
Ok, coming into results and a lot of nerves since most of us are invested in order to make money.
Looking at the key points of the RNS
Boohoo group plc (AIM: BOO), a leading online fashion group, is pleased to confirm that the group's trading performance remains strong, with record Black Friday sales across the group and continues to trade comfortably in line with market expectations
1. pleased to confirm that the group's trading performance remains strong (Thats great news, so no down turn)
2. record Black Friday sales across the group, (That's all brands doing better than any other time.)
3. continues to trade comfortably in line with market expectations. (So its meeting its key performance targets.)
We should also have updates on the new warehouse and is it all on line yet.
Regards overseas sales, The way the pound is, All Uk manufacturing selling abroad should be doing well. Only downside is buying in raw materials from overseas due to exchange rates.
Looking a head, how soon will John Lyttle buy a stake in boohoo shares to show his commitment, That will tell you if he believes in the company.
GLA