In its last statement Deliveroo lowered expectations but could they be, as some industry data could suggest, worse than predicted?
Based on some other clothing retailers, Boohoo should perform better than feared, said one analyst, although still weaker than its multichannel competitors.
In a completely different sector, games developer Frontier Developments's shares have been even worse than Boohoo's, 66% to 60% over the past 52 weeks, and after a recent profit warning, one set of analysts said its model is not broken but “raises deep questions” about the shares.
Significant announcement
Interims: Frontier Developments PLC (AIM:FDEV), Ilika PLC (AIM:IKA, OTCQX:ILIKF)
Trading updates: Bakkavor PLC, BHP PLC, Boohoo Group PLC (AIM:BOO), Deliveroo PLC (LSE:ROO), Dunelm Group PLC (LSE:DNLM), Centamin PLC (LSE:CEY, TSX:CEE, OTC:CELTF), Network International Holdings, PensionBee Group PLC (LSE:PBEE), Premier Foods PLC, Safe Group PLC, WAG Payment Solutions PLC (LSE:WPS)
AGMs: Botswana Diamonds PLC (AIM:BOD), Scotgold Resources Ltd
Economic announcements: RICS Housing Market Survey (UK), Building Permits (US), Initial Jobless Claims (US), Philadelphia Fed Index (US)
Ex-dividends to reduce the FTSE 100 by: 1.52 points (Compass Group PLC)
US earnings Thursday: Procter & Gamble (NYSE:PG), Netflix