Analyst CautionAnalysts maintaining a Hold and stating they are not calling the bottom reflect ongoing uncertainty about the timing and strength of a trading recovery.
Earnings Guidance CutExtensive stock clearance and weakness at Heron Foods led to a cut in earnings guidance, weighing on near-term profit expectations.
Margin PressureDeeper-than-planned stock clearance, price investments and underperformance at Heron Foods are reducing expected profitability and necessitate a substantial margin rebuild to restore previous earnings levels.