ProCook (PROC) 33p Gain to date: 13.8% We originally highlighted ProCook's (PROC) recovery and re-rating potential at 29p in October 2024, calling out the direct-to-consumer specialist kitchenware brand's scope for profitable growth under a refreshed strategy. We noted the Lee Tappenden-led company had delivered five consecutive quarters of retail like-for-like growth at the time and was...

ProCook (PROC) 37p Gain to date: 22%Kitchenware outfit ProCook (PROC) has continued to outperform its wider market since we said in October 2024 the company was a compelling recovery play.WHAT HAS HAPPENEND SINCE WE LAST SAID BUY?The shares have gained more than 20% benefiting from sales generated by its relaunch on Amazon [AMZN:NASDAQ] and a decent showing across Christmas and Black Friday. ...

ProCook (PROC) 29pMarket cap: £32.7 millionRisk-tolerant investors seeking a compelling recovery play with tasty re-rating potential should consider ProCook (PROC). This direct-to-consumer specialist kitchenware brand is carving out market share gains under management's refreshed strategy to serve up profitable growth.After a tough few years post its 2021 IPO (initial public offering), when...

Stock prices in London closed lower on Wednesday, as European markets brace themselves for political instability in the run-up to UK and French elections.The CAC 40 in Paris took the biggest hit on Wednesday, ahead of the snap election in France on Sunday.The FTSE 100 index closed down 22.46 points, 0.3%, at 8,225.33. The FTSE 250 ended down 65.33 points, 0.3%, at 20,298.10, and the AIM...

- Kitchenware seller sees no growth this year- Dishes out massive downgrade- Like-for-likes weaker across all channelsShares in ProCook (PROC) plunged 37.2% to 49p after the direct-to-consumer kitchenware specialist warned profits will fall short of expectations on flat sales in the current year with retail footfall weak and cash-strapped consumers reining in spending.The sharp slump left...

Direct-to-consumer kitchenware specialist ProCook (PROC) debuted on the Main Market in November 2021 at 145p and the shares now trade at a modest 5% above their issue price.The muted reaction to the stock market newcomer likely reflects the uncertain outlook for consumer spending and the fact ProCook remains under the radar of many investors. Peel Hunt describes ProCook as 'a disruptive force...

The FTSE 100 managed to hold onto most of its earlier gains despite a surprise interest rate hike from the Bank of England which pushed up the pound.Around 70% of the FTSE's constituents earn in foreign currencies so a rising pound is negative for them.The central bank was widely expected to keep rates on hold due to the uncertainty created by the Omicron variant. However, it has acted now due...