Shares in the firm tumbled after it revealed sales at its Argos division fell by 7.6 per cent during the six months to August 27
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Home Retail Group is a home and general merchandise retailer with sales of £5.9 billion in the last financial year. The company sells products under two distinctive and complementary brands – Argos and Homebase - in the UK.
25/05/12
PDMR Shareholding24/05/12
Holding(s) in Company21/05/12
Holding(s) in Company17/05/12
Holding(s) in Company15/05/12
Holding(s) in Company14/05/12
Director/PDMR Shareholding11/05/12
Holding(s) in Company10/05/12
Holding(s) in Company08/05/12
Holding(s) in Company08/05/12
Holding(s) in Company19/10/11
Shares in the firm tumbled after it revealed sales at its Argos division fell by 7.6 per cent during the six months to August 27
02/09/11
Home Retail Group's second quarter results next week are likely to show there has been no respite in the tough trading conditions experienced by the Argos and Homebase owner over its first three months. Recent general UK economic data, including consumer confidence readings, alone suggests to broker UBS that demand for big ticket items across the group has “remained weak and promotional”.
11/05/12
Investors now understand Home Retail’s issues, says broker15/03/12
Home Retail Group set to hit profit targets despite falling sales12/01/12
Home Retail Group falls as Argos sales disappoint08/09/11
Home Retail update reveals further weakness in high street08/08/11
Home Retail Group’s shares are worth 165 pence, says Morgan Stanley14/06/11
Home Retail downgraded again as Morgan Stanley cuts targets10/06/11
Citi, Nomura and JP Morgan slash Home Retail forecasts after update09/06/11
Home Retail: Argos hit by weaker than expected consumer electronics sales20/04/11
Argos chief quits as Home Retail profits tumble 13 per cent10/03/11
Gloomy Home Retail boss warns a further weakening in consumer confidence as Argos sales tumble