Market Reaction To GuidanceShare price rose modestly after the guidance reduction, indicating some investor optimism about the company's ability to stabilise trading.
Operational Recovery PlanManagement expects that cutting SKU counts, improving availability and adjusting prices will restore sustainable UK sales growth, reflecting a clear operational recovery plan.
UK Like-for-like SalesUK stores reported like-for-like sales improvement, supporting revenue performance and suggesting resilience in core retail operations.