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John Lewis Partnership Results - What The Analysts Said

Published on Mar 9 2018 9:32 AM in Retail tagged: Featured Post / UK / Waitrose / John Lewis / Shore Capital / Stifel / GlobalData / What The Analysts Said / Paywall /

John Lewis Partnership Results - What The Analysts Said

The John Lewis Partnership, which operates the Waitrose supermarket chain, as well as John Lewis department stores, has seen its profit before exceptional items tumble 21.9%, on the back of lower gross margins and weaker exchange rates.

Unsurprisingly, Sir Charlie Mayfield, chairman of John Lewis Partnership, described it as a "challenging year" for the business.

Here's how the analysts saw it:

Clive Black, Shore Capital

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