(Alliance News) - Gear4music Holdings PLC shares rose on Friday as it said it would lift guidance as revenue in the first quarter increased, with traction continuing in the second quarter so far. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - European stocks opened higher on Friday, as average UK house prices reach a record high and UK retail sales improved despite the looming autumn budget causing consumer uncertainty. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Gear4music Holdings PLC on Tuesday reported an "encouraging" set of final results as it said profit for financial 2025 more than doubled, with it benefitting from a reduction in costs. Read More
Gear4music Holdings PLC - York, England-based retailer of musical instruments and equipment - Pays GBP1.2 million to buy stock with an estimated cost value of up to GBP2.4 million from the administrators of a failed competitor. The assets are from Jamm Co 2019 Ltd and its subsidiaries, including S&T Audio Ltd, which trades as PMT Play Music Today. Gear4music notes that S&T Audio was the UK's fourth largest retailer of musical instruments and equipment. It says it isn't buying any part of the trading business, nor any other assets or liabilities. Read More
Gear4Music Holdings PLC - York, England-based retailer of musical instruments and music equipment - Says the "marked improvement" in UK and European like-for-like sales seen in the second half of March continued in the first half of April, resulting in double-digit percentage sales growth in the past 30 days. Gear4music says this has increased its confidence in meeting expectations for the financial year that began this month and runs to March 31, 2026. Says market expectations for financial 2026 are pretax profit of GBP2.7 million and adjusted earnings of GBP10.9 million on revenue of GBP153.8 million. Gear4music previously said financial 2025 results are expected to be pretax profit of GBP1.6 million and adjusted earnings of GBP10.0 million on revenue of GBP146.7 million. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Gear4Music Holdings PLC reported that its financial performance surpassed last year's despite the challenging consumer environment. Read More
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
(Alliance News) - Stock prices in London were lower at midday on Tuesday with markets reportedly losing their risk appetites amid increasing geopolitical tensions. Read More
(Alliance News) - Gear4Music Holdings PLC on Tuesday reported a 1.4% fall in revenue in the six months to the end of September caused by declining sales outside the UK, despite a return to revenue growth in the second quarter. Read More
Gear4music Holdings PLC - York, England-based instruments and music equipment retailer - Expects to report fall in revenue to GBP61.7 million in the six months to September 30 from GBP62.6 million a year prior. Further, sees gross profit lower at GBP16.5 million from GBP17.0 million. But pretax loss is expected to narrow to GBP0.7 million from GBP1.2 million. Says returned to revenue growth in the second quarter with sales up 1% after falling 4% in the first quarter. Gross margin is expected to be 26.7%, an improvement on 26.3% a year ago. Full-year outlook remains in-line with consensus market expectations, as notes stronger growth achieved during October trading to date. Feels well-positioned and prepared for the upcoming peak seasonal trading period. Gear4music puts consensus for revenue in year to March at GBP154.7 million and pretax profit of GBP2.8 million. Read More
Gear4Music Holdings PLC - York, England-based instruments and music equipment retailer - Reports trading in current financial year to date has been in line with the board's expectations and that the company expects its growth strategy to deliver results in the second half of the year, which ends on March 31. "We are well prepared operationally for the upcoming seasonal peak trading period, and the board remains confident of the delivery of our medium and longer-term profitable growth strategy," Gear4Music says. Read More
(Alliance News) - Gear4Music Holdings PLC on Tuesday said it successfully slashed debt and returned to profit. Read More