​Similar to Q1 and unsurprisingly, the Q2 2016/17 results ended August 27, 2016, showed material improvements against last year’s weak comparison base. As a reminder, 2015 was hit by supply chain issues following the implementation of a new distribution centre, which have disrupted the flow of stocks into northern stores and compromised product availability.
Matalan is the 5th leading value clothing retailer in the UK, with an out-of-town network of 226 stores. The group has published its 1Q16/17 results ended May 28, 2016, which showed substantial improvements against last year’s weak comparison base. As a reminder, 2015 was hit by supply chain issues following the implementation of a new warehouse, which have disrupted the flow of stocks into northern stores and compromised product availability.
​The group has published its 4Q15/16 results ended 27 February 2016, which were broadly in line with the profit warning issued in January (it was the third one for the fiscal year). Q4 saw further sequential improvements in the supply chain after issues at the group’s new warehouse in the beginning of the fiscal year, which have disrupted the flow of stocks into northern stores and compromised product availability.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.