Dr Martens trading in line with expectations
Confirms FY guidance (Il Sole 24 Ore Radiocor) - London, 11 Jul - The UK footwear group Dr Martens said that trading since the start of its financial year has been in line with expectations and that its guidance for the full year remains unchanged.
Dr Martens' full year ends March 31, 2025.
"As always, Q1 is the smallest period of our financial year, representing the end of the spring/summer season. As communicated in our recent FY24 results, the current financial year will be very second-half weighted, particularly from a profit perspective," it added. It added that the upcoming autumn/winter season remains "a key focus." The group continues to target positive direct-to-consumer growth in the US in the second half.
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(RADIOCOR) 11-07-24 09:52:40 (0211) 5 NNNN