By Joe HoppeCMO Group said it expects earnings to miss guidance, following lower than normal average order values in the latter half of the year. The London-listed online retailer said Monday that it expects 2023 adjusted earnings before interest, taxes, depreciation and amortization to be around 1 million pounds ($1.3 million), below prior guidance in August of around GBP2.5 million and 2022's GBP2.1 million.

Source: Wall Street Journal January 08, 2024 12:10 UTC