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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail

Next, Ocado, Kingfisher, Bellway, Fevertree, AG Barr - the week ahead

Retailers, drinks companies and housebuilders are on the menu for the week ahead, along with the UK government's Spring Statement and a raft of major financial data for the UK, Europe and US.

Ocado and Kingfisher will provide updates on Tuesday, along with mixers maker Fevertree and Irn Bru producer AG Barr.

On Thursday we hear from high street giant Next, where the outlook will be a key focus for many in the retail sector.

On Wednesday Rachel Reeves will deliver the spring statement as the Chancellor of the Exchequer faces mounting pressures on public finances and a potential breach of her own fiscal rules.

Monday 24 March

Announcements due:

Interims: Abingdon Health

Finals: Caledonia Mining Corporation PLC, RTC Group PLC, S4 Capital PLC, Social Housing REIT PLC, Tandem Group PLC

US earnings: Intuitive Machines

AGMs: Herald Investment Trust, Rights & Issues Investment Trust, Vela Technologies, Versarien

Economic news: Flash PMIs (UK, EU, US)

Tuesday 25 March

Ocado Group will provide an update on its Ocado Retail joint venture as it prepares to relinquish control to Marks and Spencer Group PLC (LSE:MKS) but not yet sell up...read more

Elsewhere in the retail sector, B&A owner Kingfisher is also scheduled to report full-year results, with one analyst recently suggesting the shares were worth another look on the back of improved industry data...read more

Fevertree reports after a big deal with Molson Coors earlier this year, which analysts said takes some of the fizz out of potential for the mixers maker...read more

Announcements due:

Trading updates: Ocado Group, Time Finance

Interims: Bellway, Frenkel Topping Group, Smiths Group

Finals: Ashtead Technology Holdings PLC, AG Barr PLC, Fevertree Drinks, Henry Boot, EKF Diagnostics Holdings PLC, Gamma Communications PLC, GetBusy PLC, IP Group PLC, Kingfisher PLC, Michelmersh Brick Holdings PLC, Personal Group, WAG Payment Solutions PLC, Xaar PLC

US earnings: McCormick & Co, GameStop Corp, Pony AI, Rumble Inc,

AGMs: BlackRock Throgmorton Trust PLC, Patria Private Equity Trust PLC, Titon Holdings PLC, Various Eateries PLC

Economic news: CBI Distributive Trades (UK), IFO Business Climate (GER), Cash-Shiller House Price Index (US), CB Consumer Confidence (US), New Home Sales (US)

Wednesday 26 March

Chancellor Rachel Reeves may be set to provide a more wide-ranging slew of announcements in the Spring Statement than she had previously hoped...read more

Announcements due:

Finals: Anpario PLC, Aptitude Software Group PLC, Everyplay Group PLC, Evoke PLC, Ithaca Energy PLC, Pharos Energy PLC, TruFin PLC, Vistry Group PLC

US earnings: Cintas Corpo, Paychex Inc, Dollar Tree Inc, Chewy Inc, Jefferies Financial Group

AGMs: Crest Nicholson Holdings

Economic news: Inflation (UK), Consumer Confidence (FRA), Durable Goods (US), EIA Crude Oil Stocks (US)

Thursday 27 March

Retail bellwether Next has already said it expects to report its first £1 billion profit, with attention all on what it says about recent trading and the outlook for the coming months...read more

Announcements due:

Finals: Airea PLC, Arbuthnot Banking Group PLC, Chesnara PLC, Empresaria Group PLC, Franchise Brands PLC, International Public Partnerships Limited, Next PLC, Playtech PLC, Robinson, Tribal Group

US earnings: Lululemon Athletica Inc, Walgreens Boots Alliance

AGMs: Berkeley Energia Ltd, Challenger Energy Group PLC, React Group PLC, Wynnstay Group

Economic news: M3 Money Supply (EU), GDP (US), Initial Jobless Claims (US), Goods Trade Balance Adv (US), Pending Home Sales (US)

Ex-dividends to reduce FTSE 100 by: 13.1 points (British American Tobacco, SEGRO, Standard Chartered, Smith & Nephew, Taylor Wimpey, Melrose Industries, Schroders, M&G, Prudential, Games Workshop)

Friday 28 March

Key UK and US economic data will take centre stage to wrap up the week.

Quarterly gross domestic product for the fourth quarter of last year will be published by the UK Office for National Statistic ahead of market open, along with retail sales, balance of payments and delayed trade data.

Later, US PCE price data will be in focus as a key metric for the US Federal Reserve.

Announcements due:

Finals: BBGI Global Infrastructure

US earnings: Humacyte Inc, zSpace Inc

AGMs: IMI PLC, Kitwave Group Ltd, LBG Media Ltd, Oxford BioDynamics PLC, React Group PLC

Economic news: Gross Domestic Product (UK), Retail Sales (UK), Balance of Trade (UK), GfK Consumer Confidence (GER), Inflation (FRA), Economic Sentiment (EU), Personal Consumption Expenditures Price Index (US), Core PCE Price Index (US), Personal Spending (US), Michigan Consumer Sentiment (US)

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