Company Earnings Update 3 minutesRegister for Free AccessDebenhams (LSE: DEB) Christmas Trading Update: Sales Decline Prompts Profit Warning Coresight Research January 5, 2018 Executive Summary Debenhams reported a decline of 1.3% in group comparable sales and a decline of 0.8% in gross transaction value in the 17 weeks ended December 30, 2017. At constant currency, comps declined by 1.8%, including a UK comp decline of 2.6% and an international comp increase of 2.1%. Promotional activity helped improve sales, but negatively impacted gross margin, which is expected to decline by 150 basis points year over year in 1H18. 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: Shoptalk Europe 2023 Day One: Identifying Real Value in Sustainability, Generative AI and DataRetailTech: Frictionless Checkout—The Eye in the Sky Makes Shopping a BreezeWeekly US and UK Store Openings and Closures Tracker 2023, Week 36: Wilko Drives UK Store Closures Past 1,000Weekly US and UK Store Openings and Closures Tracker 2023, Week 7: UK Openings Up 46%