Dr Martens stock climbs as annual profit rises on fewer discounts, cost controls

Dr Martens

19/05/2026 08:19

** Shares of British bootmaker Dr Martens DOCS.L up about 5% at 67.5 p

** DOCS posts annual adj pre-tax profit of 55 million pounds ($73.67 million), up from 34.1 million pounds last year, after company's implementation of fewer discounts and control on costs

** "Although consumer sentiment looks generally weak, we expect Dr Martens to continue its profit recovery track in FY 2027E, even if we take a more realistic view of top-line growth over the year ahead," says brokerage Berenberg

** YTD, stock has fallen ~16%

($1 = 0.7466 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com ;)) ))