IN BRIEF: Gear4music stock falls despite in-line trading update
Gear4music Holdings PLC - York, England-based online retailer of musical instruments and equipment - Publishes Executive Chair Andrew Wass's statement for its annual general meeting, scheduled for 1330 BST. Wass says trading for the financial year 2027 to date is in line with board expectations. Sales for the five months ended August 31 are 7.3% higher compared with the prior year. Company cites market consensus for the year ending March 31 as forecasting GBP200.2 million in revenue, as well as GBP6.0 million in pretax profit and GBP16.0 million in earnings before interest, tax, depreciation and amortisation. This would be up from a 30% jump in revenue to GBP190.7 million in financial 2026, but down from pretax profit of GBP10.3 million, and Ebitda totalling GBP18.4 million. Read More