IN BRIEF: Gear4Music trades in line as UK rise offsets European fall
Gear4Music Holdings PLC - York, England-based retailer of musical instruments and equipment - Revenue rises 5.6% to GBP49.0 million in the three months that ended December 31, Gear4Music's financial third quarter, from GBP46.4 million a year before. Within this, UK revenue jumps by 13% to GBP29.7 million from GBP26.2 million, while European & Rest of the World revenue slips 4.5% to GBP19.3 million from GBP20.2 million. Gross profit is GBP13.7 million, up from GBP13.1 million a year before, as gross margin is maintained essentially steady at 28.1%. Read More