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GYYMF / The Gym Group tumbles as rising costs look set to offset increased revenue

The Gym Group tumbles as rising costs look set to offset increased revenue
Shares in The Gym Group PLC (LSE:GYM) fell more than 13% in early trading after it warned rising costs would offset improvements in full year revenue. In a statement alongside results for the 12 months to December the no-contract gym operator said it expects the current difficult macroeconomic environment and its impact on consumer demand to continue throughout the year. Read More
Posted: Mar 16 2023, 04:31
Author Name: Proactive Investors
Views: 110729

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The Gym Group tumbles as rising costs look set to offset increased revenue

By Proactive Investors
March 16, 2023

The Gym Group tumbles as rising costs look set to offset increased revenue

Shares in The Gym Group PLC (LSE:GYM) fell more than 13% in early trading after it warned rising costs would offset improvements in full year revenue. more_horizontal

The Gym Group hunts for new CEO and slows expansion plans

By Proactive Investors
January 12, 2023

The Gym Group hunts for new CEO and slows expansion plans

The Gym Group PLC (LSE:GYM) is on the hunt for a new CEO after announcing that Richard Darwin will step down following more than seven years leading t more_horizontal

The Gym Group shares slump to lowest in 16 months on recovery and inflation woes

By Proactive Investors
March 16, 2022

The Gym Group shares slump to lowest in 16 months on recovery and inflation woes

The Gym Group PLC (LSE:GYM) said it does not expect a recovery to pre-pandemic levels until the last quarter of this year and cautioned inflation cou more_horizontal

The Gym Group sees sales in line as punters return on easing COVID-19 fears

By Proactive Investors
January 20, 2022

The Gym Group sees sales in line as punters return on easing COVID-19 fears

The Gym Group PLC (LSE:GYM) confirmed full-year revenues will be in line with expectations and said visits returned to pre-pandemic levels in Jan more_horizontal

The Gym Group sees sales in line as punters return on easing COVID-19 fears

By Proactive Investors
January 20, 2022

The Gym Group sees sales in line as punters return on easing COVID-19 fears

The Gym Group PLC (LSE:GYM) confirmed full-year revenues will be in line with expectations and said visits returned to pre-pandemic levels in Jan more_horizontal

The Gym Group sees sales in line as punters return on easing COVID-19 fears

By Proactive Investors
January 20, 2022

The Gym Group sees sales in line as punters return on easing COVID-19 fears

The Gym Group PLC (LSE:GYM) confirmed full-year revenues will be in line with expectations and said visits returned to pre-pandemic levels in Jan more_horizontal


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