Mulberry Group plc Reports Group Retail Sales Results for the Fourth Quarter and Year Ended March 31, 2015; Provides Earnings Guidance for the Full Year Ended March 31, 2015
For the quarter, the company reported group total retail sales of 9% and group total retail like-for-like sales of 7%.
The company provided earnings guidance for the full year ended March 31, 2015. This improved Retail performance has continued and revenue for the year ended 31 March 2015 will be in line with expectations at £148 million. As a result of careful cost control, profit before exceptional items for the year ended 31 March 2015 is expected to be slightly ahead of market expectations.