ProCook Group (PROC)

Sector:

Household Goods

Index:

FTSE Fledgling

 25.95p
   
  • Change Today:
      0.000p
  • 52 Week High: 33.80
  • 52 Week Low: 18.25
  • Currency: UK Pounds
  • Shares Issued: 108.96m
  • Volume: 0
  • Market Cap: £28.27m

ProCook on track after strong holiday retail performance

By Josh White

Date: Thursday 12 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Kitchenware retailer ProCook reported total third-quarter revenue of £22.4m on Thursday, including the peak holiday trading period, which was down 2.5% year-on-year.
The London-listed company said that excluding revenue from discontinued Amazon channels, however, total revenue was up 0.8% for the 12 weeks ended 8 January.

Total like-for-like revenue declined 3.8% in the quarter, although it remained 108.7% higher than the pre-pandemic comparator in the 2020 financial year.

During the final four weeks of the quarter, total revenue grew 2.9% year-on-year, or 5.9% excluding the Amazon channels, with a "notable shift" in the company's channel mix towards retail.

The board put that down to customers returning to physical stores prior to Christmas, partly driven by the risk to home delivery amid strikes.

"While we remain mindful of the current economic climate, the group's recent performance positions it well to deliver on current market expectations for the full year," said founder and chief executive officer Daniel O'Neill.

"Our plan to maximise our trading performance and profitability will enable us to emerge stronger from the challenging trading environment and we remain confident that we will capture increased share of the large kitchenware market with our specialist offer."

At 0814 GMT, shares in ProCook Group were up 10.09% at 31.38p.

Reporting by Josh White for Sharecast.com.

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ProCook Group Market Data

Currency UK Pounds
Share Price 25.95p
Change Today 0.000p
% Change 0.00 %
52 Week High 33.80
52 Week Low 18.25
Volume 0
Shares Issued 108.96m
Market Cap £28.27m

ProCook Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.07% below the market average62.07% below the market average62.07% below the market average62.07% below the market average62.07% below the market average
58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average
Price Trend
31.43% below the market average31.43% below the market average31.43% below the market average31.43% below the market average31.43% below the market average
46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average
Income Not Available
Growth
52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

ProCook Group Dividends

  Latest Previous
  Final
Ex-Div 01-Sep-22
Paid 30-Sep-22
Amount 0.90p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

ProCook Group Key Personnel

CFO Daniel (Dan) Walden
CEO Lee Tappenden

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