QUIZ plc Announces Sales Results for the Six-Week Period from November 25, 2018 to January 5, 2019; Revises Revenues Guidance for the Year 2019
The company revised revenues guidance for the year 2019. For the year, the company now anticipates that revenues will be lower than current market expectations at approximately £133.0 million against £116.4 million. In addition, the lower than anticipated revenues resulted in a higher than anticipated level of discounting to clear inventory.