Company Earnings UpdateDebenhams (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Five Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextAgentic Commerce: The US’s Open Approach vs. China’s Vertical IntegrationInflation Awareness Rises; Economic Sentiment Falls to Six-Month Low: US Consumer Survey InsightsAgentic Commerce—Google’s Universal Commerce Protocol Invokes “Multiplayer Mode”
