Company Earnings Update 3 minutesRegister for Free AccessBoohoo (LON: BOO) 3Q19 Trading Update: Sales Surge Prompts Raise in Full-Year Revenue Guidance Coresight Research January 16, 2019 Executive Summary British online fashion retailer Boohoo Group reported a 43% year-over-year increase in revenues on a constant-currency basis, for the four months ended December 31, ahead of consensus expectations. Robust sales were driven by growth across all geographic regions, with particularly strong momentum in the U.S. Group gross margin expanded 170 basis points year over year to 54.2%. Boohoo raised its revenue guidance and now expects FY19 revenue growth of 43%–45%, versus 38%–43% previously. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 47: US Store Closures Jump by Three-QuartersDay One at NRF 2023: Retail’s Big Show—Personalization Drives Retail Relevance at Every Consumer TouchpointUS CPG Sales Tracker: CPG Growth Disappoints as In-Store Sales SlowAlarming Return Rates Require Loss-Minimization Solutions: Key Insights—Free Infographic
