Superdry shares down 27% to record low after profit warning
19/12/2023 08:06
LONDON, Dec 19 (Reuters) - Shares in British fashion
retailer Superdry SDRY.L fell to a record low on Tuesday after
the company warned of a hit to its annual profit as sales were
"significantly below" management expectations.
By 0807 GMT, shares were down 27% to 30.7 pence, on track
for their biggest one-day drop since April 2020 and at their
lowest level on record.
(Reporting by Samuel Indyk, editing by Alun John)
((Samuel.Indyk@thomsonreuters.com;))