Company Earnings Update 2 minutesRegister for Free AccessDebenhams (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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Nearly Half of Shoppers Seek Out Promotions To Beat Food Inflation: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 37: Wilko Again Drives UK ClosuresResearch Preview: Market Navigator—US Apparel and Footwear Retailing2Q23 US Livestreaming Tracker: Video-Sharing Platforms Overtake Social Media as a Live-Shopping Destination
