Dr. Martens (DOCS.L) posted a first half pretax loss of 28.7 million pounds compared to profit of 25.8 million pounds, prior year. Loss per share was 2.2 pence compared to profit of 1.9 pence. Adjusted loss before tax was 17.9 million pounds compared to profit of 25.2 million pounds. Adjusted loss per share was 1.3 pence compared to profit of 1.9 pence. For the 26 weeks ended 29 September 2024, revenue declined to 324.6 million pounds from 395.8 million pounds, prior year. The Group said its guidance for fiscal 2025 remains unchanged.
Also, Dr. Martens said, the appointment of Ije Nwokorie as Chief Executive Officer will take effect from 6 January 2025. The company confirmed that Kenny Wilson will step down from the Board on that date. Kenny will remain available until 31 March 2025 to ensure a smooth handover.
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Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.