BIC Q3 2024 results preview: a continuation of Q2 trends
In light of recent publications from US & European retailers, we expect BIC's Q3 numbers to show a continuation of Q2 trends, i.e. subdued LFL growth and resilient margins. The US market (39% of sales) is set to be the weak spot again as the US retailing sector was hit by a wave of lowered sale
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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