Boohoo to beat sales forecasts
In a trading statement, the company said the sales momentum seen in the first quarter has continued into the second quarter.
As a result, Boohoo now anticipates that the results for the current year will be above expectations with increased sales growth of between 28% and 33%. This compares to the previous guidance of 25% to 30%. It also anticipates improved EBITDA margins.
The company will be announcing its results for the six months to 31 August on 27 September.
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