Tajuk : Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits
link : Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits
Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits
Business Insider
LONDON – Shares in DFS, one of the UK’s biggest furniture retailers, crashed more than 20% after blaming the general election for warning investors on profits.
The company said it saw “significant declines in store footfall leading to a material reduction in customer orders,” blaming “the general election and the uncertain macroeconomic environment.”
“As stated previously, the upholstery market does see short-term demand fluctuations from time-to-time, within an overall historical trend of long-term growth,” DFS said in a statement released to investors on Thursday.
Shares fell as much as 24% before recovering to around a 20% drop.
Here’s the chart as of 8:24 a.m. UK time (3:34 a.m. US time):
Investing.com
Consumer demand is in danger of shrinking further in the UK, spurred by imported inflation from a weak Sterling and falling wages in real terms.
On Wednesday, official figures showed that real wages fell for a third consecutive month. Wages grew by 2.1%, according to the latest data released by the Office for National Statistics, but are being outstripped by inflation at 2.9%.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2s3VZQv
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
Thus Article Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits
Anda sedang baca artikel Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits dengan alamat pautan https://malaysiaonrecord.blogspot.com/2017/06/shares-in-furniture-retailer-dfs-crash.html
Related Posts :
Fox News retracted its controversial story on slain DNC staffer Seth Rich- Trump’s budget plan makes a lot of assumptions using a controversial accounting trick
- A solar eclipse will be visible across the entire US for the first time in 99 years, here’s how to make the most of it
- Janna Nick hargai peminat
- Trump’s budget is facing massive blowback in Congress — and Republicans are some of the loudest complainers
0 Response to "Shares in furniture retailer DFS crash more than 20% after warning the general election has hit profits"
Catat Ulasan