Douglas's Lowered Guidance Delays Hope of Dividend -- Market Talk

Dow Jones
03-21

1404 GMT - Douglas's lowered guidance likely pushes any investor hope of a dividend to fiscal 2027, Deutsche Bank analyst Adam Cochrane says in a note. The German perfume and cosmetics retailer is reviewing its midterm outlook after cutting sales and earnings guidance for the current year due to deteriorating consumer demand. After a disappointing first quarter, when the Ebitda forecast was cut to the lower end of the range--consensus: 850 million euros--the figure the new guidance implies is now 10% lower again at 765 million euros, the note says. Shares trade 21% lower at 11.36 euros, less than half the price of the stock when it listed a year ago. (sarah.sloat@wsj.com)

 

(END) Dow Jones Newswires

March 21, 2025 10:04 ET (14:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

no data

没有相关数据

如果下载按钮点击无跳转,请点击右上角菜单选择 “在浏览器打开”