Carpetright shares crash on profit warning

It blamed the profit alert on a “sharp deterioration” in UK trade, with sales in the key post-Christmas period “significantly behind expectations”. Carpetright now expects profits to be between £2m and £6m, compared with analysts’ estimates of about £14m. In the 11 weeks to 13 January, like-for-like sales fell 3.6% in the UK. In its […]

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