Analyst Caution And Downgrade CycleAnalysts maintain a cautious hold stance amid a continuing downgrade cycle, reflecting skepticism that strategic changes will quickly translate into improved trading.
Earnings Guidance CutAdditional stock clearance and weakness at Heron Foods led to a cut in earnings guidance, reducing expectations for near-term profitability.
Persistent Trading WeaknessLike-for-like sales softening and sales running toward the lower end of guidance indicate ongoing trading pressure that may constrain revenue momentum.