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Dr. Martens PLC Shares News & Articles

Thousands of UK retailers face uncertain 2024 as cost-of-living crisis bites, warns Begbies Traynor

Nearly 4,500 UK retailers in ?critical? distressOnline-only players under pressureFailures likely as ?debt storm breaks?According to the latest Red Flag Alert data from Begbies Traynor (BEG:AIM), almost 4,500 UK retailers are now in ?critical financial distress? as poor consumer confidence, sticky inflation and higher interest rates force consumers to pull in their horns ahead of Christmas.New dat

Discover why Lululemon’s shares soured overnight despite forecast-beating results

Third quarter results beat forecastsPositive start to Christmas seasonTepid Q4 outlook weighs on sentimentOne of the athleisure industry?s star turns, yoga lifestyle giant Lululemon (LULU:NASDAQ), delivered forecast-beating results (7 December) for the third quarter to 31 October and flagged a pleasing start to the Christmas shopping season.Why then, did shares in the yoga-pants-to-belt-bags selle

Dr. Martens tripped up again as weak third quarter sales trigger another profit warning

Weaker-than-expected Q3 salesUS consumer backdrop deterioratesDr. Martens pulls FY25 guidanceInvestors put the boot into Dr. Martens (DOCS) after the iconic footwear brand downgraded its year-to-March 2024 EBITDA (earnings before interest, tax, depreciation and amortisation) guidance once again and withdrew previous guidance for high single digit sales growth in full year 2025.The shares slumped m

Wall Street Week: Investors put September blues behind them while Birkenstock IPO falls flat

After a concerted sell-off last month, stocks started October on the front foot with a string of gains taking the S&P 500 index back up 2.8% over the past five days.The rally was led by familiar mega-cap technology names, with Alphabet (GOOG:NASDAQ) up 3.2%, Amazon.com (AMZN:NASDAQ) up 5.1%, Apple (AAPL:NASDAQ) up 3.3%, Microsoft (MSFT:NASDAQ) up 3.7% and Nvidia (NVDA:NASDAQ) up 5.1%.Despite an in

Directors deals: Dr.Martens CEO Kenny Wilson snaps up nearly £400,000 shares after ‘milestone’ £1 billion revenue

Dr.Martens CEO makes big purchaseGriffin director cashes in on strong share pricePolar Capital CEO Gavin Rochussen dumps shares from schemeCEO of footwear brand Dr. Martens (DOCS) Kenny Wilson has bought 309,948 shares at 129p for a total value of £399,999 on 17 July.The purchase comes after the company reported 'milestone' revenue of £1 billion on 1 June up 10% with brights spots of trading in
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