Brief: John Lewis Of Hungerford Says Period To June 30 Was "Extremely Challenging" Within Retail

John Lewis of Hungerford

06/11/2018 07:50

Nov 6 (Reuters) - John Lewis of Hungerford PLC  JLH.L :
    * FINANCIAL PERIOD TO 30TH JUNE 2018 HAS SEEN AN "EXTREMELY
CHALLENGING" PERIOD WITHIN RETAIL
    * GREW SALES AGAINST PRIOR YEAR, ON LFL BASIS IN 10-MONTH
PERIOD
BY +10%
    * RETAIL BEING CHALLENGED WITH CONSUMER CONFIDENCE RUNNING
AT
LEVELS "AS LOW AS THOSE SEEN IN THE RECESSIONARY YEARS OF
2008/9"
    * MARKET CONTINUES TO BE CHALLENGING AND BUSINESS "CANNOT BE
COMPLETELY IMMUNE" TO CHANGES IN HIGH STREET
    * FOR NEW FY, DESPATCHED SALES AND FORWARD ORDERS AT END OF
CO'S
FIRST 18 WEEKS OF TRADING STOOD AT £3.7M (2017: £4.8M)

Source text for Eikon:  ID:nRSF4111Ga 
Further company coverage:  JLH.L 

 ((Reuters.Briefs@thomsonreuters.com;))