A digital specialist fit fashion retailer offering customers a range of products in clothing, footwear and home wares.
11-Oct-2018 – 138.5p – £394.0m – PER 5.95
H1 Results – 26 Weeks To 1st September 2018 – Growth in financial services but not in products – FY expectations unchanged.
First coverage for me here for some reason. Looks perhaps reasonably valued on a PER basis but throw in the 10% yield and if it can be maintained – Could be a great income play. It’s going on my Watchlist for that reason.
Subsequent note: In my morning haste I missed this – Interim dividend reduced by 50.0% to 2.83p – Rebased dividend to a more sustainable level from which the Group will seek to grow – Removed from the Watchlist back to Neutral.