Mothercare swings to FY loss as Middle East crisis, Boots exit weigh

Earnings
โดย Just Style·GB·Read original
Summary · why it matters

Mothercare swung to a statutory loss of £5.0m for the 52 weeks ending 28 March 2026, reversing a £6.2m profit a year earlier, as worldwide retail sales by franchise partners fell 22% to £180.0m ($243.6m). The maternity and children's retailer's loss from operations was £1.2m, compared to a £16.0m profit the previous year, while adjusted EBITDA dropped to £1.3m from £3.5m, driven by lower royalties and changes related to its India joint venture. Net debt increased to £6.4m from £4.5m, though the company completed a £10.0m refinancing in February 2026. In the first 19 weeks of the new financial year, franchise partner retail sales totalled £58.5m, down from £68.8m, reflecting ongoing Middle East instability and the end of its Boots arrangement, while like-for-like sales excluding those regions were positive.

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Consumer Discretionary · 1 stocks
Mothercare PLC
MTC
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Swung to statutory loss of £5.0m, operating loss, and higher net debt.