|Bid||125.00 x 0|
|Ask||143.20 x 0|
|Day's range||130.00 - 135.10|
|52-week range||80.04 - 217.60|
|Beta (5Y monthly)||1.96|
|PE ratio (TTM)||N/A|
|Earnings date||31 May 2021 - 04 Jun 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||10 Oct 2019|
|1y target est||N/A|
The fashion chain said it wants to remain a premium brand but the strategy has seen online sales fall as a result.
Ted Baker, which has 560 stores and concessions, pointed to a rebound in North American and UK shopping malls as consumer confidence picked up, helping retail sales - comprising in-store and online sales - jump 30% during the period. Online sales alone, however, dropped by 25% as consumers headed back to stores. Overall sales, including wholesale and licensing as well, were up 50% from a year earlier when stay-at-home orders hammered demand for formal wear, forcing Ted Baker to cut hundreds of jobs and raise money to weather the impact of the coronavirus pandemic.
Ted Baker is the £1bn business that shrank to a £100m business. What are its chances of becoming great again?