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    SGP   GB00B60BD277


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Superdry hit by delays of up to six weeks but well-stocked for Xmas

11/05/2021 | 01:21am EST

FASHION retailer Superdry said its wholesale business had been hit with delays of up to six weeks.

Founder and chief executive Julian Dunkerton told the PA news agency that September stock levels had been affected by supply chain disruption.

Logistics challenges have hit a raft of retailers in the past few months, from supermarkets to food outlets.

Following headlines of the delays, the brand's share price dropped more than seven per cent.

Dunkerton said delays would not affect Christmas."We have already absorbed most of the impact of that and now we have had our autumn stock out across October, we have just been so pleased with the response," he said.

In a trading update yesterday for the eight weeks to 23 October, the brand said it was "recovering well" from the side effects of the coronavirus pandemic.

Opening shares were up almost three per cent yesterday morning, following the update.

It attributed most of its recent improvement to e-commerce sales, which were up 6.6 per cent.

compared to 2019 pre-Covid levels.

It also saw growth last month as the company began to trade against a comparable full-price period.

Superdry is set to launch its new flagship store on Oxford Street on 10 November.

The store will be a hub for press and influencers, the brand added.

(c) 2021 City A.M., source Newspaper

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Analyst Recommendations on SUPERDRY PLC
More recommendations
Sales 2022 663 M 901 M 901 M
Net income 2022 5,55 M 7,54 M 7,54 M
Net Debt 2022 221 M 300 M 300 M
P/E ratio 2022 38,0x
Yield 2022 0,29%
Capitalization 208 M 282 M 282 M
EV / Sales 2022 0,65x
EV / Sales 2023 0,57x
Nbr of Employees 3 782
Free-Float 68,3%
Duration : Period :
Superdry plc Technical Analysis Chart | SGP | GB00B60BD277 | MarketScreener
Technical analysis trends SUPERDRY PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 253,00 GBX
Average target price 380,71 GBX
Spread / Average Target 50,5%
EPS Revisions
Managers and Directors
Julian Marc Dunkerton Chief Executive Officer & Non-Executive Director
Shaun Simon Wills Chief Financial Officer & Executive Director
Peter Olov Urban Sj÷lander Chairman
Silvana Bonello Chief Operating Officer
Helen A. Weir Senior Independent Non-Executive Director
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