Boohoo's management is moving the business in the right direction but there is still work to do, Shore Capital analysts Katie Cousins and Clive Black write. The online retailer--which trades as Debenhams--reported a 35% rise in fiscal 2026 adjusted Ebitda on June 16 and said all brands were now profitable at that level. It said gross merchandise value fell 22% but returned to growth during the first quarter of fiscal 2027. "Investors are likely to require several periods of positive GMV growth and improving engagement metrics before confidence in the growth outlook is restored," the analysts say. Shares are down 0.2% at 22.75 pence. (ian.walker@wsj.com)
Dow Jones Newswires
Boohoo Needs Continued Key Metric Improvements Before Growth Confidence is Restored — Market Talk
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Boohoo's management is moving the business in the right direction but there is still work to do, Shore Capital analysts Katie Cousins and Clive Black write. The online retailer--which trades as Debenhams--reported a 35% rise in fiscal 2026 adjusted Ebitda on June 16 and said all brands were now pro…