Jump to content
House Price Crash Forum

Carpetright Profit Warning


Ash4781

Recommended Posts

0
HOLA441
1
HOLA442
2
HOLA443
3
HOLA444
4
HOLA445
5
HOLA446
6
HOLA447

Great news for any executives who picked Carpetright for their share performance comparison group.

It's looking like a bumper year for Next PLC bonuses with Carpetright, HMV, etc. Though it must have been upsetting to finally have to take Woolworths out of their group this month just 3 years after they went bust!

The comparator group of companies for the three year performance periods to January and July 2011 was as follows:

Burberry Findel Kesa N Brown

Carpetright French Connection Kingfisher Signet

Carphone Warehouse Home Retail Group Marks & Spencer Tesco

Debenhams JJB Sports Morrisons W H Smith

Dixons Retail J Sainsbury Mothercare Woolworths

For periods ending January 2012 to January 2013, ASOS, Halfords and HMV have been added to the comparator group and

Woolworths removed. For periods ending July 2013 onwards Ted Baker has been added to the comparator group and Findel,

French Connection and JJB Sports removed.

Link to comment
Share on other sites

7
HOLA448

Great news for any executives who picked Carpetright for their share performance comparison group.

It's looking like a bumper year for Next PLC bonuses with Carpetright, HMV, etc. Though it must have been upsetting to finally have to take Woolworths out of their group this month just 3 years after they went bust!

Not sure Next need no mark retailers to benchmark themselves against for performance, their performance is pretty much unparalleled against any other main street retailer since the credit taps were turned down

Edited by Tamara De Lempicka
Link to comment
Share on other sites

8
HOLA449

All jokes aside, Lord Harris, the CEO of Carpetright seemed like a decent, clued in chap. Iirc I heard an interview with him before the crash and he mentioned he was warning his staff that they really should think very carefully about taking on debt etc. as the whole thing was going to unravel.

Link to comment
Share on other sites

9
HOLA4410
10
HOLA4411
11
HOLA4412
12
HOLA4413
13
HOLA4414

They're going to have to suck it up..

Fry and Laurie had a whole episode sponsored by Tideyman's Carpets :-)

http://abitoffryandl...ts_introduction

there was another sketch which included the line "Tideyman's Carpets... the deep shag that really satisfies".

even better, found it : http://abitoffryandlaurie.co.uk/sketches/trick_or_treat

Edited by mrtickle
Link to comment
Share on other sites

14
HOLA4415
15
HOLA4416
16
HOLA4417
17
HOLA4418
18
HOLA4419

Not sure Next need no mark retailers to benchmark themselves against for performance, their performance is pretty much unparalleled against any other main street retailer since the credit taps were turned down

In the year Jan to Dec 2010 their share price dropped but on top of his £689,000 basic, Wolfson picked up a £1,034,000 performance bonus.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information