Company Earnings UpdateDebenhams (LSE:DEB) 3Q17 Update: Comparable Sales Growth Deteriorates Coresight Research June 28, 2017 Executive Summary UK-based department store chain Debenhams reported that gross transaction value declined by 1.0% year over year in 3Q17. Constant-currency comparable sales declined 2.4%. Following weak 3Q17 sales, the company expects to deliver FY17 profit before tax (PBT) within the current range of market expectations, but warned that PBT could be toward the lower end of the range. Gross margin guidance for FY17 was unchanged, whereas cost guidance tightened to a 3% increase, or a 1% increase in constant currency. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Economic Sentiment Improves: Weekly US Consumer Sentiment, Week 50, 2025—Data Graphic3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the HolidaysFlipkart Big Billion Days 2025: Wrap-Up—Sales-Tax Reforms, Quick Commerce and “Trust Shield” Shape GrowthConsumer Sentiment Largely Holds Steady in December After November Highs: China Consumer Survey Insights
