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Boohoo Group (LSE: BOO) 1H18 Results: Top-Line Beat and Guidance Raise

Executive Summary

  • grew 1H18 group revenues by 106.5%, ahead of the analyst consensus of a 99% increase.
  • The gross margin contracted by 200 basis points, due to planned investments in the customer proposition.
  • The company raised its full-year revenue guidance to around 80% from previous guidance of 60%.

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