|Bid||36.00 x 0|
|Ask||53.00 x 0|
|Day's range||37.67 - 40.35|
|52-week range||30.00 - 85.00|
|Beta (5Y monthly)||1.80|
|PE ratio (TTM)||N/A|
|Earnings date||16 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||50.35|
Here is how ACV Auctions Inc. (ACVA) and Boohoo Group Plc Unsponsored ADR (BHOOY) have performed compared to their sector so far this year.
Carol Kane and Mahmud Kamani paid about £1m each after bonuses equivalent to annual basic salary
Josh Warner, market analyst at City Index, said: “What a rough year for Boohoo”
Struggling British online fashion retailer Boohoo said this year's opening of a first distribution centre in the United States has the potential to transform its fortunes in that market as it will slash delivery times to American shoppers. Currently, orders placed in the United States, Boohoo's largest overseas market, are picked and packed in the United Kingdom then sent by plane to the United States, with delivery taking eight to 10 days. "Once we're up and running in the U.S., 95% of the U.S. we will cover in three days," Boohoo CEO John Lyttle told Reuters in an interview on Tuesday.
The retailer revealed sales slipped by 11% to £1.77 billion for the year to February 28.
Online fashion business loses out as shoppers return to high streets after Covid lockdowns
After a tough time, the boohoo (LON:BOO) share price has jumped for joy this morning on better-than-expected results. It still has challenges, though. The post The boohoo (BOO) share price is up 15% today! Should I buy it now? appeared first on The Motley Fool UK.
British online fashion retailer Boohoo sees a "clear path" to return to a profit margin of 6% to 8% in three years, its finance chief said on Tuesday. "If you look at all of the reasons that our EBITDA margin went from 10% (in 2019-20) to 3.6% (in 2022-23), none of those reasons are structural," chief financial officer Shaun McCabe told Reuters. Boohoo has been hurt by cost price inflation in raw materials, freight and energy.
LONDON (Reuters) -British online fashion retailer Boohoo forecast a better performance in its new financial year after profit halved in 2022/23 when shoppers were hit by a cost-of-living crisis and many returned to physical stores post-pandemic. Shares in Boohoo were up 12% in morning trading on Tuesday, paring losses over the last year to 46%, after the group said it would stem a decline in sales and increase profit this year. "We see a clear path to improved profitability and getting back to double digit revenue growth," CEO John Lyttle said.
The U.K.-based fast-fashion retailer, Boohoo Group (LON:BOOH), reported on Tuesday that it swung into a pretax loss for the fiscal year 2023 as revenue declined due to lower sales, higher freight and logistics costs, as well as labor and energy inflation.
The latest investor updates on stocks that are trending on Monday.
As an existing shareholder, I have seen the value of my boohoo holding collapse recently. As its share price languishes is now the time to be greedy? The post The boohoo share price is crashing again! Is now the time to buy? appeared first on The Motley Fool UK.
The boohoo share price has been declining for some time now. But today it's down even further. What on earth's going on here? The post Why the boohoo share price is falling 10% today appeared first on The Motley Fool UK.
The boohoo (LON:BOO) share price remains in the doldrums in 2023. But could a new company growth plan be about to put a rocket up the stock? The post Can the boohoo share price rise 665% to 395p? appeared first on The Motley Fool UK.
Jon Smith looks at the 84% drop in boohoo shares over the past two years, but argues that this move is justified based on the firm's problems. The post Are boohoo shares a bargain buy or a looming casualty? appeared first on The Motley Fool UK.
Online retailer raises incentives for senior management after slump in share price and slow Christmas sales
CEO John Lyttle could net up to £50 million from the plan
Boohoo has said delivery troubles are hurting demand as it saw a 13% drop in sales in 2022. The online fashion retailer, whose shares have fallen 55% in the past 12 months, said “extended delivery times compared to pre-pandemic levels [were] continuing to affect the proposition.” Online retailers have been beset with a wave of delivery disruption in recent weeks, as Royal Mail services were hit by strike action, while parcel-delivery company Evri, which has a partnership with Boohoo, has issued an apology after continuing delays, with many not even receiving packages at all.
Revenue is set to fall by around 12% over the financial year.
LONDON (Reuters) -British online fashion retailer Boohoo said revenue fell 11% in its key Christmas trading period, hurt by delivery disruption and tough comparatives, as it broadly stuck to annual guidance. For its financial year which ends on Feb. 28, Boohoo, which sells clothing, shoes and accessories aimed at 16 to 40-year olds, said adjusted core earnings would be in line with market expectations. Its forecast for a 12% decline in annual revenue was slightly behind the downgraded guidance for a 10% drop it gave in September.
BENGALURU, India, November 30, 2022--Boohoo enters Indian market in partnership with Myntra
The Bank of England has raised interest rates again, by 0.75 percentage points to 3pc, in the sharpest jump in over three decades.
Cost of living crisis blamed for fast-fashion brand’s performance, with 10% fall in total revenues in first half
The firm, which also owns the PrettyLittleThing and Karen Millen brands, swung to a loss for the past six months.
The fast-fashion retailer warned sales and profits are expected to fall in the full-year trading period.