Colefax (GB:CFX) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Colefax Group PLC has reported a slight 2% decline in sales for their core Fabric Division in the past 21 weeks, with a contrasting 1% increase on a constant currency basis. A notable 5% sales increase in the US market is balanced by a 12% decrease in the UK and a 2% drop in Europe. Despite these mixed results, the company anticipates its performance for the financial year to align with market expectations as it enters the crucial autumn selling season.
For further insights into GB:CFX stock, check out TipRanks’ Stock Analysis page.
