Debenhams Share Discussion Threads

[stud-muffin] 14/9/2017 07:55

At the John Lewis department store, operating profits rose by 10%.

[simon templar qc] 14/9/2017 07:26

John Lewis profits collapse as predicted.....

NEXT sees first half profits fall 9%.

Bad day predicted for retail stocks.

[simon templar qc] 13/9/2017 23:11

My prediction for JL excluding Waitrose is a fall in like for like sales of circa -2%.

[simon templar qc] 13/9/2017 20:16

John Lewis will make good reading I am minded to pencil in a post exceptional loss on interims tomorrow and even before exceptional items a vastly lower profit and even a loss.

We will see watch this space.

[stud-muffin] 13/9/2017 18:45

Could be buying for him - smarter way of buying in concert and leave the share price pretty much unmoved.

Either way I see as a positive - 70p would get this done IMV.

[justiceforthemany] 13/9/2017 17:11

Yanks are increasing stakes here - see RNS today.
Mike Ashley has competition when it comes to a takeover here.

[simon templar qc] 13/9/2017 16:17

The news on both set of updates will provide an update as to the current state of retailers in general, which we all know aren't bright.

[edmundshaw] 13/9/2017 14:42

So let us know in advance Simon. Will good results from NEXt and John Lewis be bad for Debenhams? Or will bad results from those two also be bad for Debenhams?

Something tells me that those results will be bad for Debenhams whatever they are. Simon would have made a great Sophist 2500 years ago...

[simon templar qc] 13/9/2017 12:41

I don't go along with the Dunelm theory, Marks isn't up the same percentage, what will be more important tomorrow will be NEXT update and also John Lewis interims.

My take on John Lewis results will be a significant fall in profits maybe a loss!

[justiceforthemany] 13/9/2017 12:33

Time to close those shorts!

[kazoom] 13/9/2017 11:56

Actually Simon I think today's price action may reflect a positive read across from Dunelm [DNLM].

Their last quarter and current outlook are strong.

However, they have been consistently growing market share.

[mister md] 13/9/2017 11:48

Dunelm up 9 %

[chinese investor] 13/9/2017 11:43

Recovery Continues !

[libertine] 13/9/2017 11:41

Brandes Investment Partners

Increased holding from 10.2% to 11% Now holding 135,077,895 shares

That's an increase of 9.8m shares

[simon templar qc] 13/9/2017 09:51

Unemployment down to a rate not seen since Wilson was PM but average wages weak not keeping up with inflation, less money to spend.

Guardian after release of figures:

"UK jobless rate hits new 42-year low but real wages keep falling
Breaking! Britain’s unemployment rate has fallen to a new 42-year low of 4.3%, in the three months to July.
That’s down from 4.4% a month ago, and the lowest since 1975.
But real wages are still falling. Average weekly earnings only rose by 2.1% per year in the quarter, weaker than expected, and the same as last month.
That means that the cost of living squeeze is getting worse, as inflation has jumped from 2.6% to 2.9%."

edit:

Dunelm warns today on spending squeeze.

[american idiot] 12/9/2017 20:08

Meanwhile, the shareprice continues to drift around meaninglessly UNTIL one day a profits warning suddenly appears.

Just have to sit back and let the headwinds do their damage.

The amount of recent profit warnings to appear & a few retailers gone bust.

Do people really think DEB are immune to the high street woes ?

[simon templar qc] 12/9/2017 13:26

John Lewis weekly sales figures out...



Partnership up 4.2%

Waitrose up 6.4%

John Lewis up 3.4%

Summary:

John Lewis sales still not good enough taking into account extra store openings and rise in costs.

Fashion sales appear to be improving due in part to exclusive brands to JL.

[simon templar qc] 12/9/2017 10:07

Clothes inflation at over 4% now one doesn't need to be that bright to realise is inflation on clothes is rising at 4% and sales are falling, and action is taken to maintain margins at full cost rather than sale, a retailer is in trouble.

[luckymouse] 11/9/2017 22:56

Thats coming into an old buy zone which im sure wont go unnoticed by some interested parties

[chinese investor] 11/9/2017 08:39

Slow Recovery !

[qantas] 09/9/2017 16:09

Please do your own research...

[simon templar qc] 08/9/2017 20:42

Two more retailers appointed administrators this week, the first Basler the second Greenwoods today

[ny boy] 08/9/2017 11:16

Barcs turning off lows too, I'm buying banks ahead of next years interest rate rises, all the banks have come off nicely, buy those decent pull backs Sir!

[chinese investor] 08/9/2017 11:12

Looking Good !