Edition:
United States

Ted Baker PLC (TED.L)

TED.L on London Stock Exchange

1,741.00GBp
16 Nov 2018
Change (% chg)

-22.00 (-1.25%)
Prev Close
1,763.00
Open
1,770.00
Day's High
1,770.00
Day's Low
1,729.00
Volume
56,414
Avg. Vol
89,044
52-wk High
3,244.00
52-wk Low
1,696.00

Latest Key Developments (Source: Significant Developments)

Ted Baker To Buy Assets From Pentland Group
Monday, 10 Sep 2018 04:30am EDT 

Sept 10 (Reuters) - Ted Baker PLC ::ACQUISITION.PROPOSED DEAL FOR AGGREGATE CONSIDERATION OF £13 MILLION.DEAL INCLUDES AN ADJUSTMENT FOR NET ASSETS OF TARGET COMPANIES AS AT COMPLETION DATE.AGREEMENT WITH PENTLAND GROUP TO ACQUIRE ISSUED SHARE CAPITAL OF NO ORDINARY SHOES LIMITED AND NO ORDINARY SHOES USA LLC.ACQUISITION WILL BE FINANCED BY COMPANY'S EXISTING BANK FACILITIES.DEAL EXPECTED TO ENHANCE EARNINGS OF TED BAKER IN FY2019/20 AND BEYOND.ADJUSTMENT FOR NET ASSETS OF TARGET COMPANIES ANTICIPATED TO BE BETWEEN £4-8M, PAYABLE IN CASH ON COMPLETION.  Full Article

Ted Baker Says Group Revenue Up 4.2 Pct For 19 Weeks Ended June 9
Tuesday, 12 Jun 2018 02:00am EDT 

June 12 (Reuters) - Ted Baker PLC ::4.2% (7.5% IN CONSTANT CURRENCY) INCREASE IN GROUP REVENUE FOR 19 WEEK PERIOD FROM 28 JANUARY 2018 TO 9 JUNE 2018.TOTAL RETAIL SALES INCLUDING E-COMMERCE INCREASED BY 0.7%; AVERAGE RETAIL SQUARE FOOTAGE ROSE BY 5.7% TO 420,799 SQ.FT FOR 19 WEEK PERIOD.WHOLESALE SALES FOR PERIOD INCREASED BY 14.2% FOR 19 WEEK PERIOD FROM 28 JANUARY 2018 TO 9 JUNE 2018.REMAINS FOCUSSED ON DELIVERING BOARD'S EXPECTATIONS FOR FULL YEAR.RETAIL AND WHOLESALE GROSS MARGINS WERE IN LINE WITH EXPECTATIONS.E-COMMERCE SALES INCREASING BY 33.6 PERCENT FOR 19 WEEK PERIOD FROM 28 JANUARY 2018 TO 9 JUNE 2018."FOCUSSED ON DELIVERING FULL YEAR EXPECTATIONS, DESPITE CHALLENGING EXTERNAL TRADING CONDITIONS".CONTINUE TO ANTICIPATE ACHIEVING AT LEAST HIGH SINGLE DIGIT GROWTH (IN CONSTANT CURRENCY) IN WHOLESALE BUSINESS FOR FULL YEAR.  Full Article

Ted Baker Says FY Pretax Profit Up 12.3 Pct To 68.8 Mln Pounds
Thursday, 22 Mar 2018 03:01am EDT 

March 22 (Reuters) - Ted Baker Plc ::FY PRETAX PROFIT ROSE 12.3 PERCENT TO 68.8 MILLION STG.FINAL DIVIDEND 43.5 PENCEPER SHARE.TOTAL DIVIDEND UP 12.1 PERCENT TO 60.1 PENCEPER SHARE.FY GROUP REVENUE OF ‍591.7​ MILLION STG VERSUS 531.0 MILLION STG YEAR AGO.FY ‍RETAIL SALES UP 10.4% (8.5% IN CONSTANT CURRENCY) TO £442.5M​.FY ‍UK AND EUROPE RETAIL SALES UP 7.7% (6.4% IN CONSTANT CURRENCY) TO £301.1M​.FY ‍US AND CANADA RETAIL SALES UP 16.2% (12.4% IN CONSTANT CURRENCY) TO £120.1M​.FY ‍E-COMMERCE SALES UP 39.8 % (38.7% IN CONSTANT CURRENCY) TO £101.1M​.FY ‍WHOLESALE SALES UP 14.6% (13.3% IN CONSTANT CURRENCY) TO £149.2M​.FY ‍LICENCE INCOME UP 17.6% TO £21.4M​.‍CAPITAL EXPENDITURE IN NEW FINANCIAL PERIOD IS PLANNED TO BE AT £30.0M (2018: £36.6M)​.FY ‍GROUP GROSS MARGIN REMAINED CONSTANT AT 61.0% (2017: 61.0%)​.  Full Article

Ted Baker Group revenue increased by 7.3 pct for 13 week period
Thursday, 16 Nov 2017 02:11am EST 

Nov 16 (Reuters) - Ted Baker Plc :‍Group revenue increased by 7.3% (8.0% in constant currency) for 13 week period from 13 August 2017 to 11 November 2017​.‍Retail sales increased by 4.6% for 13 week period from 13 August 2017 to 11 November 2017​.Wholesale sales for 13 week up 14.2% (15.4% in constant currency) reflecting good performances from both uk and North American businesses​.‍Anticipate low double-digit wholesale sales growth (in constant currency) for full year​.‍board is confident of meeting its full year expectations​.  Full Article

Ted Baker says H1 pretax profit up 17.8 percent
Tuesday, 10 Oct 2017 02:26am EDT 

Oct 10 (Reuters) - Ted Baker Plc :H1 PRETAX PROFIT ROSE 17.8 PERCENT TO 25.3 MILLION STG.INTERIM DIVIDEND UP 12.2 PERCENT TO 16.6 PENCEPER SHARE.HY ‍GROUP REVENUE UP 14.0% (9.5% IN CONSTANT CURRENCY) TO £295.7M​.HY ‍UK AND EUROPE RETAIL SALES UP 11.0% (9.1% IN CONSTANT CURRENCY) TO £145.6M​.HY ‍RETAIL SALES INCLUDING E-COMMERCE UP 13.9% (9.2% IN CONSTANT CURRENCY) TO £217.7M​.HY ‍NORTH AMERICA RETAIL SALES UP 18.8% (7.8% IN CONSTANT CURRENCY) TO £60.7M​.HY ‍ASIA RETAIL SALES UP 29.5% (19.6% IN CONSTANT CURRENCY) TO £11.4M​.HY ‍E-COMMERCE SALES UP 43.8% (40.7% IN CONSTANT CURRENCY) TO £42.7M​.HY ‍PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS UP 12.7% TO £24.2M​.‍"WHILST TRADING CONDITIONS IN SOME MARKETS REMAIN CHALLENGING... CONFIDENT OF MAKING FURTHER PROGRESS FOR FY, IN LINE WITH OUR EXPECTATIONS"​.  Full Article

Ted Baker says full-year pretax profit bu 4.4 pct
Thursday, 23 Mar 2017 03:42am EDT 

Ted Baker Plc : Fy pretax profit rose 4.4 percent to 61.3 million stg . Final dividend 38.8 penceper share . Total dividend up 12.1 percent to 53.6 penceper share . Fy group revenue up 16.4 pct (10.8 pct in constant currency) to £531.0m . Fy retail sales up 15.0 pct (9.2 pct in constant currency) to £400.7m . Fy uk and europe retail sales up 10.7 pct (8.4 pct in constant currency) to £279.5m . Fy us and canada retail sales up 28.3 pct (13.0 pct in constant currency) to £103.4m . Fy e-commerce sales up 35.1 pct (32.3 pct in constant currency) to £72.3m . Proposed final dividend of 38.8p bringing total dividend to 53.6p, an increase of 12.1 pct ."our spring/summer collections have been well received".  Full Article

Ted Baker reports 18 pct rise in Christmas period sales
Wednesday, 11 Jan 2017 02:00am EST 

Ted Baker Plc : Good retail performance over christmas period . A 17.9 pct(10.6 pct constant currency) increase in retail sales for 8 week period from 13 November 2016 to 7 January 2017 .Gross margins were in line with our expectations and we expect to end year with a clean stock position.  Full Article

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Online growth shores up Ted Baker sales, shares fall three percent

British fashion retailer Ted Baker Plc reported subdued retail sales growth for the opening weeks of 2018 as it suffered from a long and harsh winter in Europe and North America, while its online business continued to soar.