UK's Quiz Plc rises as co returns to HY profit

Quiz

07/12/2022 13:04

** Shares of omni-channel fashion brand Quiz Plc  QUIZ.L  up
as much as 3.7% at 17.5p
    ** QUIZ returns HY pretax profit of 1.8 mln stg ($2.19 mln)
vs loss of 1.3 mln stg as reported last year
    ** Co's HY revenue up 37% to 49.4 mln stg on the back of
strong consumer demand
    ** QUIZ says demand in recent weeks helped offset
weaker-than-expected revenues in Oct
    ** Co continues to flag impact from inflationary pressures
and softening of demand amid a cost of living crisis
    ** Including session's gain, stock up ~25.13 YTD
($1 = 0.8202 pounds)
 (Reporting by Sinchita Mitra in Bengaluru)
 ((Sinchita.mitra@thomsonreuters.com))