Naked Wines (WINE)

Sector:

Retailers

Index:

FTSE AIM All-Share

57.50p
   
  • Change Today:
      5.50p
  • 52 Week High: 117.00
  • 52 Week Low: 28.50
  • Currency: UK Pounds
  • Shares Issued: 74.00m
  • Volume: 1,162,114
  • Market Cap: £42.55m

Majestic Wine offers home delivery in time for Christmas period

By Bianca Boorer

Date: Monday 31 Oct 2016

LONDON (ShareCast) - (ShareCast News) - Majestic Wine has announced that it will be offering next day delivery for its full range of 1,250 wines by 2 November 2016 in time for the start of the peak Christmas trading period.
The wine range, one of the largest in the UK, will be delivered through a new National Fulfilment centre (NFC) which is managed by Wincanton plc and based in Greenford.

The company believes this will bring several benefits to customers. Customer service will be improved through flexible delivery options that allow them to click and collect from 210 stores around the UK or receive the wine straight to their doorstep.

The store has removed its six bottle minimum requirement for online orders as well as added a "No Quibble" returns policy to allow customers to get their money back if they don't like their choices.

Each store will stock tailored ranges that recognise local customer tastes. With the NFC catering to 40% of online orders, staff will be able to focus more on customer service.

The board does not expect the new facility to impact earnings in the current financial year.

Managing Director of Majestic Retail John Colley said: "This is a big step in our transformation plan and will help support Christmas trading. We are putting the customer back at the heart of Majestic and can now offer a complete multi-channel experience which will deliver real benefits to our customers, people and therefore our shareholders"

The share price fell 1.12% to 287p at 1048 GMT.









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Naked Wines Market Data

Currency UK Pounds
Share Price 57.50p
Change Today 5.50p
% Change 10.58 %
52 Week High 117.00
52 Week Low 28.50
Volume 1,162,114
Shares Issued 74.00m
Market Cap £42.55m

Naked Wines Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.42% above the market average69.42% above the market average69.42% above the market average69.42% above the market average69.42% above the market average
48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average
Price Trend
40.59% below the market average40.59% below the market average40.59% below the market average40.59% below the market average40.59% below the market average
45% below the sector average45% below the sector average45% below the sector average45% below the sector average45% below the sector average
Income Not Available
Growth
18.14% below the market average18.14% below the market average18.14% below the market average18.14% below the market average18.14% below the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
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Naked Wines Dividends

  Latest Previous
  Special Interim
Ex-Div 24-Dec-19 29-Nov-18
Paid 15-Jan-20 21-Dec-18
Amount 5.20p 2.00p

Trades for 21-May-2024

Time Volume / Share Price
15:59 1,283 @ 57.48p
15:55 151 @ 57.50p
15:54 10,000 @ 57.34p
15:51 549 @ 56.90p
15:47 2,609 @ 57.48p

Naked Wines Key Personnel

CFO James Crawford

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