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BMRRY / B&M European Value Retail up 2% after Christmas trading update; brokers guardedly optimistic

B&M European Value Retail up 2% after Christmas trading update; brokers guardedly optimistic
A stronger-than-expected end to the Christmas run-up saw value chain B&M European Value Retail SA (LSE:BME) marginally exceed expectations with its latest trading statement sending the stock 2% higher in early trade. “Gross margin - the main risk over Christmas - has improved with ‘excellent' sell-through in general merchandise – a key positive,” said broker Liberum, which also lauded the group's cash generation. Read More
Posted: Jan 5 2023, 04:18
Author Name: Proactive Investors
Views: 110542

BMRRY News  

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By Seeking Alpha
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By Zacks Investment Research
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By Proactive Investors
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By Zacks Investment Research
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B&M European Value Retail SA (BMRPF) Preliminary Full Year 2023 Earnings Call Transcript

By Seeking Alpha
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By Proactive Investors
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B&M European Value Retail profit falls as margins squeezed

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