Company Earnings UpdateBoohoo Group (LSE: BOO) 1Q20 Update: Beats on Revenue, Maintains FY20 Outlook Coresight Research June 13, 2019 Executive Summary Boohoo Group reported 1Q20 total sales of £254.3 million, up 39% year over year at constant exchange rates and as reported, and beating the consensus estimate of £253.7 million recorded by StreetAccount. The group’s gross margin marginally contracted 20 basis points to 55.0%. For FY20, the Group maintained its previous guidance of revenue growth in the range of 25% to 30% and an adjusted EBITDA margin of around 10%. 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: Navigating TikTok’s Uncertainty: Analyzing Challenges and Emerging User Migration TrendsAnalyst Corner: How Fast Will Agentic Commerce Scale? Three Gauges to Watch, with Charlie PoonFinancial Confidence Falls to New Low Following US Tariff Imposition: China Consumer Survey InsightsUS Forecast To See Multibillion-Dollar Hit from Falling International Visitor Spend: Another Retail Headwind
