CPR.L - Carpetright plc

LSE - LSE Delayed Price. Currency in GBp
37.00
-0.10 (-0.27%)
At close: 4:35PM BST
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Previous Close37.10
Open37.00
Bid0.00 x 55500
Ask0.00 x 520000
Day's Range37.00 - 38.75
52 Week Range31.90 - 250.00
Volume87,463
Avg. Volume155,225
Market Cap26.255M
Beta0.14
PE Ratio (TTM)N/A
EPS (TTM)-5.20
Earnings DateJun 25, 2018 - Jun 29, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est70.00
  • Carpetright to axe 300 jobs and close these 92 stores in rescue bid
    The Telegraph9 days ago

    Carpetright to axe 300 jobs and close these 92 stores in rescue bid

    Carpetright to axe 300 jobs and close these 92 stores in rescue bid

  • Financial Times9 days ago

    [$$] Fix the UK housing problem to help the ailing retail sector

    Carpetright’s decision to close 92 stores with a loss of 300 jobs is the latest blow suffered by a struggling UK retail sector . It has been a difficult start to 2018 for the high street, with Toys R Us ...

  • Carpetright plans to shut 92 stores as it becomes the latest to seek CVA
    Evening Standard9 days ago

    Carpetright plans to shut 92 stores as it becomes the latest to seek CVA

    Struggling floorings specialist Carpetright on Thursday firmed up its plans to overhaul the business as it fights for survival. The retailer, which has been grappling with poor sales and a hefty rent bill, said it will close 92 stores from September onwards via a company voluntary arrangement if it gets the nod from creditors and shareholders. The move will lead to 300 job losses but Carpetright will try to move staff to new roles where possible, chief executive Wilf Walsh promised.

  • MarketWatch9 days ago

    Carpetright shares fall on plan to close sites, raise £60 million

    The U.K. floor-covering retailer said that it plans to close at least 92 sites and to raise around 60 million pounds ($85.1 million), in a bid to restructure the business.

  • Reuters9 days ago

    Carpetright plans to close 92 stores in restructuring

    Struggling British flooring retailer Carpetright (CPRC.L) said it would seek creditor approval for a restructuring plan to close 92 stores and reduce rents at 113 of its sites, resulting in about 300 job losses. Shares in Carpetright, which has in recent months issued a series of profit warnings because of weak UK retail spending and what it calls poorly-located outlets, fell 19 percent to 34 pence in early trading on Thursday. Many retailers are suffering from brutal trading conditions on the British high street, with Toys R Us UK and electronics retailer Maplin having already been pushed into administration this year, while fashion retailer New Look has also closed stores.

  • Financial Times9 days ago

    [$$] Carpetright sinks 19% on store closures and restructuring

    Carpetright’s decision to shut dozens of stores in a “fundamental restructuring” has pulled the rug from under its already threadbare share price. The retailer, which has been struggling against tough ...

  • Carpetright to close 92 stores, putting 300 UK jobs at risk
    The Independent10 days ago

    Carpetright to close 92 stores, putting 300 UK jobs at risk

    Carpetright will close 92 shops across the UK, putting 300 jobs at risk as it seeks to combat increasing financial pressure. On Thursday, Carpetright said it had identified 205 sites in the UK that are underperforming and/or on unfavourable lease terms, or “in certain cases, not expected to have significant strategic value to the company going forward”. Under the terms of a company voluntary arrangement (CVA), which is deployed by firms who want to continue trading while dealing with debt problems, Carpetright will seek reduced rent and revised lease terms for the 113 sites it is not closing.

  • Financial Times10 days ago

    [$$] Embattled Carpetright to close 92 stores in restructuring

    Beleaguered British floor coverings retailer Carpetright has struck an emergency agreement with its lenders to close or exit leases of at least 92 shops in a restructuring that will affect 300 jobs. Carpetright, ...

  • Is It The Right Time To Buy Carpetright plc (LON:CPR)?
    Simply Wall St.10 days ago

    Is It The Right Time To Buy Carpetright plc (LON:CPR)?

    Carpetright plc (LSE:CPR), a specialty retail company based in United Kingdom, saw a double-digit share price rise of over 10% in the past couple of months on the LSE. WithRead More...

  • Does Carpetright plc’s (LON:CPR) Past Performance Indicate A Weaker Future?
    Simply Wall St.26 days ago

    Does Carpetright plc’s (LON:CPR) Past Performance Indicate A Weaker Future?

    Today I will examine Carpetright plc’s (LSE:CPR) latest earnings update (28 October 2017) and compare these figures against its performance over the past couple of years, in addition to howRead More...

  • The Wall Street Journallast month

    [$$] U.K.'s Carpetright Plans to Close Underperforming Stores

    Carpetright said it plans to close underperforming stores as it considers a company voluntary arrangement with its creditors. The U.K.-based floor-covering retailer also said it received a loan to cover ...

  • Reuterslast month

    Troubled retailer Carpetright to raise capital, sell stake to key investor

    It has agreed a 12.5 million pound loan with shareholder Meditor in exchange for 5 percent of new shares at Tuesday's 40.1 pence per share closing price. "These further cash resources will enable us to make the necessary decisions free from short term funding pressure," said Wilf Walsh, Carpetright's Chief Executive. "While the board is confident that its brand investment and store refurbishment strategies have been, and will continue to be, successful in enabling Carpetright to respond to increased competition, it believes additional measures are necessary to directly address this legacy property issue," he added.

  • Is Carpetright plc’s (LON:CPR) Balance Sheet A Threat To Its Future?
    Simply Wall St.last month

    Is Carpetright plc’s (LON:CPR) Balance Sheet A Threat To Its Future?

    Carpetright plc (LSE:CPR) is a small-cap stock with a market capitalization of UK£37.70M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they endRead More...

  • Reuters2 months ago

    Carpetright in talks with banks as UK consumer confidence wanes

    Britain's biggest floor coverings retailer Carpetright issued a third profit warning in four months and said it was talking to lenders to shore up its balance sheet - the latest stores group to suffer from UK consumers reining-in spending. On Wednesday brutal trading conditions sank two high-profile UK retailers, with the collapse of Toys R Us UK and electronics chain Maplin into administration, threatening 5,000 jobs. It said that while the trend in UK like-for-like sales had improved, it remained negative.

  • Reuters3 months ago

    Weak start to 2018 floors UK retailer Carpetright

    Britain's biggest floor coverings retailer Carpetright (CPRC.L) lost almost half of its stock market value on Friday after it warned on full-year profit, blaming a post-Christmas drop in sales on waning consumer confidence. With official data confirming 2017 as the weakest year for UK retail since 2013, Carpetright's profit alert will stoke fears Britons have further reined-in spending on big ticket items at the start of 2018. Carpetright's fortunes are closely tied to the strength of the UK housing market and it is regarded by analysts as a lead indicator on the health of the economy, historically being "first in, first out" of a recession.