Currys – Christmas Gaming Boom Wasn’t Enough To Keep Sales Moving In The Right Direction
In the 10 weeks ending 8 January 2022, Currys PLC (LON:CURY)’s like-for-like sales fell 5% compared to last year. This reflected declines in UK & Ireland and International, as the Technology market faced “uneven customer demand and supply disruption”. Q4 2021 hedge fund letters, conferences and more Full year adjusted profit before tax is expected to be around £155m, below the £160m guided last month. Management is starting the planned £75m share buyback programme. The shares fell 3.8% in early trading. A Gamers’ Christmas For CurrysMatt Britzman, Equity Analyst at Hargreaves Lansdown: “It mig...