Company Earnings UpdateDebenhams (LSE:DEB) 3Q17 Update: Comparable Sales Growth Deteriorates Coresight Research June 28, 2017 Executive Summary UK-based department store chain Debenhams reported that gross transaction value declined by 1.0% year over year in 3Q17. Constant-currency comparable sales declined 2.4%. Following weak 3Q17 sales, the company expects to deliver FY17 profit before tax (PBT) within the current range of market expectations, but warned that PBT could be toward the lower end of the range. Gross margin guidance for FY17 was unchanged, whereas cost guidance tightened to a 3% increase, or a 1% increase in constant currency. 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: High Income Consumers’ Sentiment Improves; Government Shutdown Impacting Shoppers: US Consumer Survey InsightsAnalyst Corner: Understand Who Shops Where in US Retail, with John MercerInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail Space
