Investing.com - Boohoo Group reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Boohoo Group announced earnings per share of £-0.01 on revenue of £436.7M. Analysts polled by Investing.com anticipated EPS of £4.80 on revenue of £538M.
Boohoo Group shares are down 67.82% from the beginning of the year , still down 85.19% from its 52 week high of £267.70 set on Wednesday, September 29, 2021.
Boohoo Group follows other major Consumer Discretionary sector earnings this month
Boohoo Group's report follows an earnings missed by JD Sports Fashion on Thursday, September 22, 2022, who reported EPS of £3.58 on revenue of £4,418M, compared to forecasts EPS of £3.75 on revenue of £3,552M.
Kingfisher had missed expectations on Tuesday, September 20, 2022 with second quarter EPS of £18.3 on revenue of £6.8B, compared to forecast for EPS of £24.2 on revenue of £3.52B.
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