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Laura Ashley To Fall Well Short Of Market Forecasts After Tough Year

25th Apr 2019 13:43

LONDON (Alliance News) - Laura Ashley Holdings PLC said Thursday results will be significantly below market expectations as it operates in challenging conditions.

"Trading conditions have been very demanding over the third quarter. The board of the company have reviewed the revised full year forecasts for the year ending June 30 and expect the results to be significantly below market expectations," the home furnishings and fashion retailer said.

The company is slated to release its results for the 52 weeks to June 30 on August 22.

Shares in Laura Ashley were down 5.4% at 2.65 pence each on Thursday afternoon.


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