Updates

Mothercare - Warns on profits

February 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Mothercare has warned that full year profit expectations will be below forecast. Analysts blamed deep and heavy discounting and poor sales in the toy market in the run up to Christmas for the weak UK performance in which like-for-like sales fell 4% (versus -2.3% the previous year) in the 12 weeks to 4 January 2014 while margins also fell. Internationally, Mothercare slowed down from previously high levels of growth with underlying sales up just 3.3% (versus 9.2% a year ago). It wasn't helped by unseasonal weather affecting some of its largest markets including Russia (warm autumn) and the Middle East. Pretax profit forecasts from Numis have been reduced from Â£17m to Â£8m for FY14 and from Â£33m to Â£15m for FY15. Eps forec ...

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Mothercare - Posts move into profit (January 2014)

Mothercare - UK market stabilises (September 2013)

Mothercare -International profits up 20% (July 2013)

Mothercare (May 2013)

Mothercare - Eps forecast sequence; 7.3p, 22.2p, 43.9p (January 2013)

Mothercare (January 2012)

Mothercare (November 2011)

Mothercare (August 2011)

Mothercare - Difficult UK trading (June 2011)

Mothercare (February 2011)

Mothercare (January 2011)

Mothercare - International sales rise 14% (December 2010)

Mothercare - Overseas growth could double eps in next four years (October 2010)

Mothercare - International profits up 42% (July 2010)

Mothercare - Lucrative partnership with Boots (March 2010)

Mothercare - Massive overseas opportunity (November 2009)

Mothercare (December 2004)

Mothercare (July 2004)

Mothercare (May 2004)

Mothercare - Gain to date: 120% (February 2004)

Mothercare - New store format a great success (January 2004)

Mothercare - Green shoots turning into deep roots (November 2003)

Mothercare - First green shoots of recovery (August 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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