B&M European Value Retail SA

B&M European Value Retail SA is a general merchandise discount retailer. It offers FMCG brands and a variety of non-grocery products at range of categories and price points. The company's product range is spreaded over a number of non-grocery merchandise categories, including housewares, DIY, electrical, toys and pet products. B&M European Value Retail was founded in 1978 and is headquartered in Luxembourg.

B&M European Value Retail SA (LSE:BME) is strategically positioned to benefit from the recent challenges faced by Wilko, according to research from RBC Capital. The potential decline of discount retailer Wilko offers B&M a golden opportunity to expand its footprint and capture a larger market share, investors were told.

B&M European Value Retail stands to benefit from Wilko's woes, says broker

Here is how B&M European Value Retail SA Unsponsored ADR (BMRRY) and Bragg Gaming Group Inc. (BRAG) have performed compared to their sector so far this year.

Is B&M European Value Retail (BMRRY) Outperforming Other Consumer Discretionary Stocks This Year?

With the value of the stock up 35% in the year to date, you might think that shares in B&M European Value Retail SA (LSE:BME) are up with events. This emphatically, is NOT the case, according to Liberum, which reckons there are still "too many positives to ignore".

B&M European Value Retail: Still too many positives to ignore, according to latest research

B&M European Value Retail SA (LSE:BME) shares top the FTSE 100 risers today after Deutsche Bank increased its share price target and said the firm could benefit from the collapse of Wilko. Wilko collapsed into insolvency last week and Deutsche analyst Adam Cochrane thinks this could be an opportunity for B&M to pick up market share, in addition to an acceleration in the pace of new store openings in the UK and France.

B&M could benefit from the collapse of Wilko

Here is how B&M European Value Retail SA Unsponsored ADR (BMRRY) and Bluegreen Vacations Holding Corporation (BVH) have performed compared to their sector so far this year.

Are Consumer Discretionary Stocks Lagging B&M European Value Retail (BMRRY) This Year?

B&M's share price reverses from recent multi-month highs as first-quarter results at the FTSE form meet company expectations.

B&M Shares Fall 7% As FTSE 100 Retailer Announces Strong Q1 Results

B&M reported an uptick in first-quarter revenues with ‘strong, profitable trading momentum' across all three of its businesses. Total sales were up 13.5% in the 13 weeks to 24 June to £1.32bn compared to £1.61bn in the same period last year.

B&M's 'momentum' helps drive first quarter revenues

B&M European Value Retail SA Unsponsored ADR (BMRRY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About B&M European Value Retail SA Unsponsored ADR (BMRRY) Rating Upgrade to Strong Buy

B&M is “pleasing most of the people most of the time” according to Deutsche Bank, which raised its target price by 20p to 600p. Deutsche Bank also held its buy recommendation on the stock.

B&M 'pleasing most of the people most of the time,' says broker

B&M European Value Retail SA (OTCPK:BMRPF) Full Year 2023 Results Earnings Conference Call May 31, 2023 4:30 AM ET Company Participants Alex Russo - Chief Executive Officer Mike Schmidt - CFO & Executive Director Jon Parry - UK Supply Chain Director Anthony Giron - Managing Director, France Dave McCarthy - Head of Investor Relations Bobby Arora - Group Trading Director Conference Call Participants Simon Irwin - Credit Suisse David Hughes - Stifel Financial Corp. David Roux - Bank of America Merrill Lynch Richard Chamberlain - RBC Capital Markets Warwick Okines - BNP Paribas Exane Nick Coulter - Citigroup Paul Rossington - HSBC Investment Bank Simon Bowler - Numis Securities Alex Russo Good morning, everyone. Thank you for coming.

B&M European Value Retail SA (BMRPF) Preliminary Full Year 2023 Earnings Call Transcript

B&M European Value Retail S.A. (LON: BME) gained as much as 10% on Wednesday even though it reported weaker-than-expected profit for fiscal 2023.

B&M stock up 10% on upbeat outlook: JPMorgan sees further upside

B&M European Value Retail SA (LSE:BME) reported a drop in annual profit despite a jump in revenue as margins were squeezed by the impact of rising costs. In the 52 weeks to March 25, group revenues totalled £4.98bn, up 6.6% from £4.67bn the year prior but statutory pre-tax profit fell to £436mln from £525mln with statutory diluted earnings per share of 34.7p, down from 42.1p).

B&M European Value Retail profit falls as margins squeezed

On Wednesday, the focus will turn to budget retailer, B&M European Value Retail SA (LSE:BME), and all eyes will be on current trading and outlook, according to Barclays. Analysts expect underlying earnings to come in at the £560mln-£580mln range, but investors may be more intrigued by any forward-looking statements or how current trading is faring.

B&M and Bloomsbury full-year results on Wednesday

Barclays Capital has increased its price target for B&M European Value Retail SA (LSE:BME) by 10p per share to 485p and reiterated its "overweight" rating on the stock following the company's third-quarter trading statement. In the statement, B&M reported same-store sales growth of 6.4% for the third quarter, which implies growth of around 10% for the final seven weeks of the quarter.

Is B&M a bargain? One leading investment bank has its say

A stronger-than-expected end to the Christmas run-up saw value chain B&M European Value Retail SA (LSE:BME) marginally exceed expectations with its latest trading statement sending the stock 2% higher in early trade. “Gross margin - the main risk over Christmas - has improved with ‘excellent' sell-through in general merchandise – a key positive,” said broker Liberum, which also lauded the group's cash generation.

B&M European Value Retail up 2% after Christmas trading update; brokers guardedly optimistic

B&M European Value Retail SA (OTCPK:BMRPF) Q2 2023 Earnings Conference Call November 10, 2022 4:30 AM ET Company Participants Alejandro Russo - CEO & Executive Director Mike Schmidt - CFO & Executive Director Peter Waterhouse - Group Financial Controller Gareth Bilton - UK Retail Director Tony Dobbs - MD, Heron Foods Dave McCarthy - Head, IR Conference Call Participants Ben Hunt - Investec Bank Adam Cochrane - Deutsche Bank Nick Coulter - Citi Simon Bowler - Numis Securities David Roux - Bank of America Merrill Lynch Warwick Okines - BNP Paribas Exane Alejandro Russo Good morning, everyone. Thank you for coming.

B&M European Value Retail SA (BMRPF) Q2 2023 Earnings Call Transcript

B&M European Value Retail SA (LSE:BME) said it achieved “solid underlying growth in a tough environment” in the first half as it confirmed previously adjusted underlying earnings (EBITDA) guidance. Revenues increased 1.8% up to £2.3bn in the 26 weeks to 24 September 2022, with sales picking up in the second quarter after the first three months saw a 2.3% decline, the budget retailer said in its interim results statement.

B&M reports solid growth in first half, reconfirms guidance

After losing some value lately, a hammer chart pattern has been formed for B&M European Value Retail SA Unsponsored ADR (BMRRY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

B&M European Value Retail SA Unsponsored ADR (BMRRY) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

B&M European Value Retail SA (LON:BME) shares were on offer on Thursday morning as like-for-like (LFL) sales shifted into reverse. In the first nine weeks of the current financial year, B&M UK's LFL sales were down 1% year-on-year.

B&M European Value Retail shares marked down as like-for-like sales growth stalls

B&M European Value Retail SA Unsponsored ADR (BMRRY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes B&M European Value Retail SA Unsponsored ADR (BMRRY) a New Strong Buy Stock

Does B&M European Value Retail SA Unsponsored ADR (BMRRY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why B&M European Value Retail SA Unsponsored ADR (BMRRY) is a Great Momentum Stock to Buy

BM European Value Retail SA Unsponsored ADR (BMRRY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

BM European Value Retail SA Unsponsored ADR (BMRRY) Moves to Buy: Rationale Behind the Upgrade

European discount retailer upgraded first half earnings guidance for a second time.

B&M: Full Steam Ahead

BM European Value Retail SA Unsponsored ADR (BMRRY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

BM European Value Retail SA Unsponsored ADR (BMRRY) Upgraded to Strong Buy: What Does It Mean for the Stock?

The U.K. discount retailer has had a good year and has spent months moving broadly upwards, testing new highs.

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