BusinessFeatured
Boohoo swings to loss, revenues decline by 11 percent
Boohoo Group reported revenue of 1.769 billion pounds, down 11 percent for the year ended February 28, 2023. Revenues increased 43 percent compared to 2020. Gross margin of 50.6 percent, was down 190 bps versus last year. Adjusted EBITDA of 63.3 million pounds, was down 49 percent, with an adjusted EBITDA margin of 3.6 percent. The company’s...
loading...