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Currys plc
Video analysis: DSITF
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News: DSITF
Analysts see Currys profit upgrades after strong sales growth
Currys PLC (LSE:CURY) corporate broker Panmure Liberum maintained its 'buy' rating and 200p target price, saying the strong start to the financial year created meaningful upgrade potential because of the group's high operational gearing. The broker estimated that each one percentage point increase in like-for-like (LFL) sales across the UK, Ireland and the Nordics would add around £12.5 million to group profit, equivalent to 6.5% of financial year 2026 adjusted pre-tax profit.
Currys posts strong start to year as World Cup and heatwaves boost sales
British electronics retailer Currys on Thursday posted group like-for-like revenue growth of 7% in the 17 weeks to August 29 helped by strong sales in both the UK & Ireland, as well as in the Nordics.
RBC raises price targets for B&M and Currys as fashion retailers become more competitive on homewares prices
RBC Capital Markets has raised its price targets for B&M European Value Retail SA (LSE:BME) and Currys PLC (LSE:CURY), citing evidence that international fashion retailers are becoming more aggressive on homewares pricing. The broker's twice-yearly UK homewares survey found that Zara and H&M have become notably more price competitive this season, despite traditionally pricing at a premium in the category.
Currys (OTCMKTS:DSITF) Shares Cross Below 50-Day Moving Average – Here’s What Happened
Shares of Currys plc (OTCMKTS:DSITF - Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $2.14 and traded as low as $2.10. Currys shares last traded at $2.10, with a volume of 9,000 shares. Wall Street Analysts Forecast Growth A number of
Currys Transforms Customer Engagement with NiCE, Driving Higher NPS and Faster Resolution
HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced that Currys plc, the U.K.'s leading omnichannel technology retailer, is improving customer engagement with the NiCE CXone platform. By seamlessly connecting customer interactions across every stage of the journey, from purchase to ownership and support, NiCE has played a role in supporting Currys' double-digit improvements in customer satisfaction and quality. This transformation is helping the retailer deliver more personalize.
Summers online shopping trend favours Next but weighs on Primark, says Citi
Currys PLC (LSE:CURY), Tesco PLC (LSE:TSCO) and Kingfisher PLC (LSE:KGF) were among the retailers tipped to benefit from signs that UK consumer spending strengthened in June, while Primark owner Associated British Foods PLC (LSE:ABF) could be one of the main loser as shoppers increasingly bought online. Analysts at Citi said industry data from the British Retail Consortium and Barclaycard pointed to a sequential improvement in retail sales, driven by stronger demand for non-food products.
Currys H2 Earnings Call Highlights
Currys LON: CURY reported stronger annual profit, free cash flow and net cash, with management saying the electricals retailer is benefiting from improving momentum in both the U.K. and the Nordics.
Citi lifts Currys price target to 184p on robust results and rising payout
Citi has raised its price target on Currys PLC (LSE:CURY) to 184 pence from 168 pence and reiterated a 'buy' rating following what it called robust full-year results. Currys, the electricals retailer, reported adjusted pre-tax profit of £191 million for the year to April, in line with guidance the company had upgraded in May.
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