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Mothercare - Difficult UK trading

June 2011

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.

The rising cost of living, bad winter weather and austerity budget fears led to difficult Q4 trading in the UK. Although total sales rose 4.7%, gross margins slipped 2.5% in order to fully clear autumn / winter stocks. For the year as a whole like-for-like sales fell 4%. As planned, during the year Mothercare closed 26 high street stores and opened 12 larger out-of-town ones. Over the longer term Mothercare still expects to achieve Â£10m p.a, savings from realigning its store portfolio away from the high street and in favour of its larger units. It also expects a sales boost from last year's Boots wholesale deal as well as further cost savings.The overseas picture is also brighter with international franchisee r ...

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Petropavlovsk - Upgrade to reserves

Mothercare - Warns on profits (February 2014)

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 (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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Mothercare - Difficult UK trading

June 2011

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