Flash Report 4 minutesRegister for Free AccessDebenhams (LSE: DEB) 1H16 Results: Pretax Profit Up 5.5%, CEO Confirms Exit Coresight Research April 14, 2016 Executive Summary British department store chain Debenhams reported revenue of £1,327 million for 1H16 (ended February 2016), up 0.1% from 1H15. Gross transaction value (GTV) grew by 1.6% year over year, to £1,629 million, broadly in line with consensus. Basic and diluted EPS was 6.2 pence, up 5.1% from 5.9 pence in the same period in FY15 and in line with consensus. The company confirmed that CEO Michael Sharp will resign this year. Management added that it remains on track to deliver full-year results in line with market expectations. Debenhams also reiterated its FY16 guidance of gross margin growth of flat–50 basis points, among other figures. 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: Earnings Insights 4Q22, Week 6: Burlington, Dollar Tree, Kroger and Urban Outfitters Post Strong Sales Growth; Carter’s, Kohl’s, Lowe’s and Qurate Retail See Sales DeclineThe Rise of GLP-1 Drugs: Unveiling New Horizons in the US Healthcare SpaceUS Store Tracker Extra, September 2023: Retailers To Close 73 Million Square Feet of Retail Space in 2023Research Preview: Market Navigator—US Retail and E-Commerce