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Boohoo Group

February 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BOO
  • Price:
  • 50.5p
Boo’s comparatives start to ease from now on in, not least of which is going to be a drop in the £60m of inbound freight costs it saw last year. It also hurtles towards the opening of its new US distribution centre with the first phase coming on stream this summer. In addition there are future benefits from cost management and Sheffield automation, weakening comparatives and the extension of the successful trial of paid-for returns. But of course current trading is laboured - and will be for at least a few more months as there is a lag in these benefits coming through. The latest four months to 31 December saw sales -13% at £637m. Each geography saw a double digit decline, with international sales impacted by extended delivery tim ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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