Skip to content

Three Quick Facts: Boohoo, Cineworld and Ferguson


Three things you need to know in the financial markets this morning from investment writer, Tony Cross.


There’s a very brief trading update out from the online fashion retailer boohoo LON:BOO this morning. It notes that recently acquired brands have now been successfully integrated onto the platform and that record sales were seen across the black Friday weekend. The company remains on course to deliver against market expectations.


Media reports at the weekend noted that Cineworld LON:CINE was in battle with some shareholders and today’s update could serve to exaggerate the narrative here. Over the last 11 months, total revenues have slumped globally by almost 10% , but the company believes that synergies following the acquisition of the Regal brand in the US will be bigger than previously thought. The dividend policy is being left unchanged, although full year figures are now expected to be slightly below management expectations.


Plumbing supplier Ferguson LON:FERG has published its first quarter update this morning, showing revenues up 5.3% and underlying trading profits almost keeping pace, up by 4.8%. Management notes that the company continues to take market share from competitors and its order book remains solid. Full year expectations remain unchanged.

Looking for great investing ideas? Sign up to our free newsletter.

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

CME Group
FP Markets
Back To Top