AGM Trading Update
FY27 guidance unchanged; trading in line with expectations; on track with strategic objectives.
vs expectations: in line
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- Martens plc will hold its AGM at 09.30am today at 1-11 Hawley Crescent, Camden, London, NW1 8NP, and also provides the following update.
Trading since the start of this financial year has been in line with expectations and our outlook and guidance for FY27 are unchanged. We are focused on our ambition to become the world's most-desired premium footwear brand and are on track with our strategic objectives for FY27, as shared in our results on 19th May, which are:
- Consumer: Drive full price revenue mix in UK and DACH
- Product: Successfully introduce an innovative new sandals range
- Markets: Launch new retail concepts in key cities globally
- Organisation: Unlock operating model and technology benefits
Our largest market, the USA, continues to grow, with wholesale particularly encouraging. Our largest Asian markets, Japan and South Korea, are both performing well. Our European markets are performing as expected, against a challenging consumer backdrop.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.