Carpetright plc

Type: Company
Name: Carpetright plc
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

CARPETRIGHT : Flooring specialist issues third profit warning over sales

FLOORING specialist Carpetright has issued a profits warning for the third time in six months after admitting it has yet to benefit from the UK's housing market recovery.The group, which owns Sunderland -based Storey Carpets, said signs of improvement ... [Published 4 Traders - Apr 09 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 2 reports

Broker tips: Burberry, IMI, Carpetright, Airlines

Berenberg has downgraded its rating for high end fashion brand Burberry from 'buy' to 'hold', saying that recent strength of the pound will have a negative impact on its performance.The broker said that the estimated sales and earnings growth rates over ... [Published London South East - Apr 07 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 2 reports

Carpetright 'pricing in perfection', Deutsche Bank downgrades to 'sell'

Deutsche Bank has cut its recommendation for home furnishings retailer Carpetright from 'sell' to 'hold', saying that the stock is pricing in too much of a recovery.The bank highlighted that the shares are now sitting 7% above the level seen before the ... [Published London South East - Apr 07 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 2 reports

Weekly Investment Analysts’ Ratings Changes for Carpetright plc (CPR)

Carpetright plc (LON: CPR) received a number of price target changes and ratings updates during the last week: Carpetright plc (LON:CPR) traded up 0.41% on Tuesday, hitting GBX 605.00. 38,306 shares of the company’s stock traded hands. Carpetright plc ... [Published American Banking News - Apr 01 2014]
First reported Mar 28 2014 - Updated Mar 29 2014 - 2 reports

Carpetright issues third profit warning in six months

Published on 28 - March - 2014 In this latest announcement Carpetright predicts year ending April 2014 pre-tax profits of £3.5m to £5.5, well below forecast of £7.8m.Lord Harris hopes Easter trading will improve Carpetright's performanceThese results ... [Published DIYWeek.net - Mar 29 2014]
First reported Mar 27 2014 - Updated Mar 28 2014 - 2 reports

Carpetright issues profit warning as sales remain flat

Carpetright warned over profits for the third time in six months yesterday after admitting it has yet to benefit from the UK's housing market ... ... [Published Big News Network - Mar 28 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 2 reports

Carpetright PLC Given Sell Rating at Cantor Fitzgerald Europe (CPR)

Tweet[embedded content]Cantor Fitzgerald Europe reiterated their sell rating on shares of Carpetright PLC (LON:CPR) in a research report released on Wednesday morning, StockRatingsNetwork reports. Cantor Fitzgerald Europe currently has a GBX 420 ($6.92) ... [Published Zolmax News - Mar 27 2014]
First reported Mar 26 2014 - Updated Mar 27 2014 - 21 reports

CARPETRIGHT : has issued its third ; CITY DESK

Carpetright has issued its third profit warning in six months after failing to get a boost from the housing market pick-up.The flooring giant said signs of improvement earlier this year had tailed off to leave UK sales flat in the eight weeks to last ... [Published 4 Traders - Mar 27 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 2 reports

Carpet retailer warns over profits

Flooring retailer Carpetright has said its Irish operations continue to perform in line with expectations, despite sales dropping in each of its divisions outside of the UK.It marks the third time in the past five months that the group has negatively ... [Published Irish Examiner - Mar 27 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 2 reports

Carpetright PLC Given Sell Rating at Cantor Fitzgerald Europe (CPR)

Carpetright PLC (LON:CPR) opened at 556.50 on Wednesday. Carpetright PLC has a 1-year low of GBX 493.00 and a 1-year high of GBX 703.00. The stock’s 50-day moving average is GBX 588.1 and its 200-day moving average is GBX 591.5. The company’s market cap ... [Published American Banking News - Forex - Mar 26 2014]
First reported Mar 21 2014 - Updated Mar 22 2014 - 14 reports

Carpetright : Retailers in price changes move ; NEWS IN BRIEF

FIVE furniture and carpet retailers have changed their pricing practices following an investigation into the way discounts are advertised.The Office of Fair Trading (OFT) said it has closed its investigation after SCS, Carpetright , Dreams, Furniture ... [Published 4 Traders - Mar 22 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 2 reports

OFT closes probe into Carpetright's pricing

StockMarketWire.com - The Office of Fair Trading has closed its consumer law investigation into Carpetright's pricing practices. Carpetright executive chairman Lord Harris said: "Today's announcement confirms that the OFT is completely satisfied that ... [Published Stock Market Wire - Mar 21 2014]

Quotes

Lord Harris , executive chairman, said: "We had expected to see some recovery as UK housing transaction volumes improved, but this has yet to materialise."
...shows negative growth in April while February, March and May is expected to come in positive," said UBS analysts Jarrod Castle and Anuj Mehrotra. "We think the timing of Easter has had an impact on April data given the impact Easter has on premium travel (less premium travel over Easter period)" they said.BC
"Although the operational gearing is very high and profit growth is likely to be powerful if the historical linkage with housing comes through, we estimate the share price already discounts 10-year profit growth of circa 25% per annum" Deutsche Bank said
Lord Harris said: "Nick brings with him a wealth of retail experience, with a strong focus on home furnishings."

More Content

All (189) | News (186) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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CARPETRIGHT : Flooring specialist issues third ... [Published 4 Traders - Apr 09 2014]
Carpetright plc Downgraded to “Sell” at Deutsch... [Published Zolmax News - Apr 08 2014]
Carpetright plc Downgraded to Sell at Deutsche ... [Published American Banking News - Stock Ratings - Apr 07 2014]
Carpetright PLC : Director/PDMR Shareholding [Published Investegate - Apr 07 2014]
Carpetright : Finance Director Acquires 5,491 S... [Published 4 Traders - Apr 07 2014]
Brokers' round-up, buy IMI and Lancashire Holdings [Published Stock Market Wire - Apr 07 2014]
Broker tips: Burberry, IMI, Carpetright, Airlines [Published London South East - Apr 07 2014]
Broker spotlight: AO World, IMI, Carpetright, B... [Published Proactive Investors.co.uk - Apr 07 2014]
Carpetright 'pricing in perfection', Deutsche B... [Published London South East - Apr 07 2014]
FLASH: Deutsche Bank cuts Carpetright to sell f... [Published Stock Market Wire - Apr 07 2014]
EUROPEAN EQUITY OPENING HEADLINES INCLUDING: Gl... [Published Proactiveinvestors United Kingdom RSS feed - Apr 07 2014]
Best of the Brokers for 07 April 2014 [Published City A.M. - Apr 07 2014]
Analysts’ Downgrades for April, 4th (AAP, AR, A... [Published Mideast Time - Apr 04 2014]
Brokers' round-up, upgrades for Pearson and [Published Telegraph - Apr 04 2014]
FLASH: Deutsche Bank cuts Carpetright to hold f... [Published Stock Market Wire - Apr 04 2014]
Carpetright plc Rating Lowered to Hold at Nplus... [Published American Banking News - Stock Ratings - Apr 04 2014]
Carpetright PLC gives FY 2014 pre-tax profit ou... [Published Reuters - Apr 04 2014]
Carpetright PLC : Director/PDMR Shareholding [Published Investegate - Apr 02 2014]
Weekly Investment Analysts’ Ratings Changes for... [Published American Banking News - Apr 01 2014]
How shareholders are keeping faith in Carpetright [Published City A.M. - Apr 01 2014]
Carpetright PLC Given Consensus Recommendation ... [Published American Banking News - Apr 01 2014]
Carpetright issues third profit warning in six ... [Published DIYWeek.net - Mar 29 2014]
Galvan Week Ahead: UK economy recovers, but not... [Published Proactiveinvestors United Kingdom RSS feed - Mar 29 2014]
Deutsche Bank Reiterates Hold Rating for Carpet... [Published Zolmax News - Mar 28 2014]
UK's Carpetright Issues Profit Warning [Published Floor Daily - Mar 28 2014]
Comment: Why cybersecurity makes financial sens... [Published Essential Retail - Mar 28 2014]
Carpetright Group HR Director appointed [Published HR Grapevine - Mar 28 2014]
Which Stock Rival will Deliver? [Published Morningstar UK - Mar 28 2014]
The Range has plans to come to Grantham – and c... [Published NewsRT.co.uk - Mar 28 2014]
Carpetright issues profit warning as sales rema... [Published Big News Network - Mar 28 2014]
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