Dr Marten braced to report sharp drop in profit and revenue as sales in US tumble

Dr Marten braced to report sharp drop in profit and revenue as sales in US tumble By City & Finance Reporter Updated: 21:50, 26 May 2024 e-mail View comments Best foot forward: City analysts predicted profits will plummet by a third to £125m Dr Marten is braced to report a sharp drop in profit and revenue as sales in the US tumble. The London-listed company's sales are expected to fall to £900m, an 11 per cent drop from last year when it broke the £1billion barrier for the first time. City analysts predicted profits will plummet by a third to £125m when the cult bootmaker announces its full-year results on Thursday.

Dr Martens has suffered from falling revenue, with double-digit declines in the US in its April trading update. RELATED ARTICLES Previous 1 Next Suitors from world's leading fashion companies try bootmaker..

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