IN BRIEF: Naked Wines revenue down 14% in recent year as expected
Naked Wines PLC - Norwich, England-based online wine seller - Revenue was about GBP250 million in the financial year that ended March 31, within the company's guidance range of GBP240 million to GBP270 million. However, it is down 14% from GBP290.4 million in financial 2024, which itself was down 18% from GBP354.0 million in financial 2023. Naked Wines still expects to report underlying earnings of GBP4 million to GBP9 million, compared to GBP5.0 million in financial 2024. It pretax loss that year was GBP16.3 million. The company will report its full annual results in the "summer", at which time it will provide guidance for financial 2026 and an update on its new strategic plan. Last year, Naked Wines reported its annual results at the end of August. Read More