Next benefits from death of the high street [Reuters]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
Company Research
Source: Reuters
REUTERS/Andrew Winning LONDON (Reuters Breakingviews) - Next is reaping the rewards of the collapse of its high street neighbours. The 11 billion pound retailer's shares rose 10% on Wednesday after it raised here its pre-tax profit forecast for 2021 by 30 million pounds to 750 million pounds. That was helped by a 19% rise in sales in the 11 weeks to July 17 versus the same period before the pandemic in 2019. The shrinking high street is working out well for Next Chief Executive Simon Wolfson, whose business has proven more resilient than UK peers because over half its sales were online even before the pandemic. Department stores Debenhams and Topshop owner Arcadia collapsed and Gap is shuttering its British shops. Next is valued at 15 times 2022 earnings, according to Refinitiv. That's a discount to European peers, where the retail sector has been less affected by online sales. H&M, for example, is currently valued on an 18 times multiple. The demise of his rivals will help Wolfso
Show less
Read more
Impact Snapshot
Event Time:
UBSFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBSFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBSFY alerts
High impacting UBISOFT ENTMT UNSP/ADR news events
Weekly update
A roundup of the hottest topics
UBSFY
News
- BADMAD ROBOTS Announces Listing on Epic Games Store and Steam, Teams Up with Immutable X [Yahoo! Finance]Yahoo! Finance
- Ubisoft Promotes Cécile Russeil to Executive Vice President [Yahoo! Finance]Yahoo! Finance
- No, Cillian Murphy Is Not Starring In ‘Far Cry 7' [Forbes]Forbes
- The Role Of Generative AI In Video Game Development [Forbes]Forbes
- Here's The Exact Time You Can Play ‘XDefiant' For Free This Weekend [Forbes]Forbes