UK's Moonpig drops on slower earnings growth forecast for FY26

Moonpig

26/06/2025 09:08

** Shares of British greeting card retailer Moonpig MOONM.L slide 7.6% at 225p, top loser on FTSE mid-cap index .FTMC

** Stock on track for biggest one-day loss since December 2024
** Expects adjusted earnings per share between 8% and 12% for FY26 compared to 18.1% growth reported in 2025

** Announces departure of its CEO Nickyl Raithatha

** Posts FY revenue of 350.1 million pounds ($480.76 million), below company-compiled consensus of 352.9 million pounds

** Including session's moves, stock up 6.4% YTD

($1 = 0.7282 pounds)

 (Reporting by Subiksha S in Bengaluru)

 ((Subiksha.S@thomsonreuters.com))