We give our thoughts on what to expect from companies announcing results week commencing 14 December 2020.
Companies reporting w/c 14 December
Dixons Carphone: Interim Results
The owner of the Currys PC World and Carphone Warehouse chains has seen a big increase in online sales during the pandemic, driven by rising demand for home entertainment as people spend more time at home. This has helped the Company offset the impact that the closure of many of its stores may otherwise have had. Dixons also looked to continue the online momentum by making extensive offers on Black Friday. However, amid reports of technical problems on Black Friday that disrupted many customers’ orders unknowingly, these interim figures will be the Company's first opportunity to provide an update on how sales performed in that crucial period. The results should also reveal the impact of the recent lockdown on the high street stores. Investors will be looking for some guidance on sales for the rest of the Christmas trading period.
All information given including prices, yields and our opinion is correct at the time of publication. Our opinions on investments can change at any time and for our latest view please go to www.share.com. To understand how our Investment research team arrive at their views please read our Investment Research Policy.