boohoo Group investors keenly await news of supply chain review


boohoo Group plc is releasing its interims on Thursday but figures continue to be overshadowed by concerns over its ongoing supply chain review, so the market will be keen to hear updates on how that’s going.

Of course, numbers are still important, and investors are expecting a lot from the AIM-listed fast-fashion retailer.

“Good’ isn’t good enough for the clothing retailer. With that in mind, there’s pressure for the group to remain on track for its medium-term goal of 25% revenue growth,” analysts at Hargreaves Lansdown commented.

“On a wider scale, we wonder if boohoo has any plans to strengthen its sustainability credentials. Fellow fast fashion names ASOS and Primark have recently committed to upping their use of sustainable materials. Any specific goals or comments around this, and what that means for margins, would be read with great interest.”

Go-Ahead Group Plc will no longer release its scheduled results statement (readers are free to insert their own joke about the reliability of bus timetables).

Elsewhere, it is the last day of the quarter so expect a deluge of company updates and results arrived for the deadline.

Thursday 30 September

Finals: Renishaw PLC (LSE:RSW) (LSE:RSW)

Interims: boohoo Group plc, OptiBiotix Health PLC (AIM:OPTI, FRA:OB3) (AIM:OPTI, FRA:OB3)

FTSE 100 ex-dividends to knock 5.55 points off the index: British American Tobacco PLC (LSE:BATS) (LSE:BATS), Smith & Nephew PLC (LSE:SN) (LSE:SN), Rightmove PLC (LSE:RMV) (LSE:RMV), Barratt Developments plc

Economic data: UK GDP growth rate, Nationwide housing prices, car production, US jobless claims


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