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Mothercare Information
Share Price Information for Mothercare (MTC)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
4.60
Bid:
4.40
Ask:
4.72
Change:
-0.09 (-1.94%)
Spread:
0.32 (7.273%)
Open:
4.60
High:
4.60
Low:
4.60
Prev. Close:
4.65
Last checked at -
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Don't have an account? Click here to register.Mothercare delays FY results by a day
Thu, 23rd May 2019 09:53
(Sharecast News) - Mothercare has delayed the release of its full-year results by a day to Friday, but said it continues to expect underlying results to be in line with market expectations."As a result of the complexity of our financial year ended 30 March 2019 - which included the £117.5m refinancing and associated UK and group restructuring, the disposal of both Early Learning Centre and our head office property, we have decided to reschedule the announcement of our full year results by one day," it said.The struggling retailer has shut 40 stores over the past few months, shrinking its estate to 80 in April from 137 the year before. It posted an 8.8% drop in fourth-quarter UK like-for-like sales back in April, and warned that market conditions in the UK and in some international markets were expected to remain challenging. Analyst Clive Black at Shore Capital said: "Whilst perhaps a little unnerving for investors, today's news is but a storm in a tea cup compared to the much choppier waters faced by Mothercare in recent times."At 0950 BST, the shares were down 5.1% at 20.21p.
More News
7 Apr 2016 15:04
23 Mar 2016 11:07
Peel Hunt upgrades Mothercare to 'buy' despite forex hitting forecast
(ShareCast News) - Peel Hunt upgraded its rating on Mothercare to 'buy' from 'hold' and set a target price of 275p that offers more than 45% upside to the shares' last close. The broker acknowledged the irony of Mothercare's UK business crawling back on track to return to profitability next year, co
Read more7 Mar 2016 07:00
RPT-British retailers invite rival brands to fill their empty spaces
(Repeats with no changes) By James Davey LONDON, March 6 (Reuters) - As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers comi
Read more6 Mar 2016 09:00
British retailers invite rival brands to fill their empty spaces
By James Davey LONDON, March 6 (Reuters) - As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers coming through the door. In a
Read more14 Jan 2016 10:34
Mothercare total sales slide but UK gets online boost
(ShareCast News) - Total group sales at Mothercare fell in the third quarter, as weakness in the international business failed to offset an improving UK performance. The retailer, which caters for parents and young children, said total group sales in the 13-week period to 9 January fell 5.4% year-on
Read more7 Jan 2016 16:05
19 Nov 2015 10:32
UPDATE 1-Mothercare turnaround plan doubles profit, global growth planned
* H1 underlying pretax up 112 percent to 7.0 million pounds * Underlying loss in UK business more than halved to 6.1 mln stg * Sales at UK stores open over a year, incl online, up 3.8 pct (Adds CEO comment, detail) By Lisa Barrington LONDON, Nov 19 (Reuters) - British ba
Read more19 Nov 2015 07:40
Mothercare half-year profit more than doubles on turnaround plan
LONDON, Nov 19 (Reuters) - Baby goods retailer Mothercare more than doubled its half-year profit on Thursday on strong UK margin growth as the turnaround plan for its troubled British business made progress. Underlying profit before tax rose 112 percent to 7.0 million pounds ($10.7 million
Read more23 Oct 2015 16:55
Broker tips: Pearson, Mothercare, Carillion
(ShareCast News) - Exane BNP Paribas downgraded Pearson to ''neutral' from 'outperform' and cut the price target to 1,000p. The bank said its investment case on Pearson was predicated on three main ideas. It argued that cyclical headwinds, especially in US Higher Education, would abate from 2015 on
Read more23 Oct 2015 16:41
Friday broker round-up
(ShareCast News) - Aa: Berenberg Bank starts a new coverage with a buy, sets target price at 350.00p. Globaltrans Investment Gdr (reg S): Credit Suisse upgrades to neutral, reduces target price to 4.20p. Connect Group: Berenberg Bank starts a new coverage with a buy, sets target price at 200.00p.
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