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1. www.independent.co.uk › business › currys-slashesCurrys slashes profit outlook as ‘hard-pressed’ customers cut ...

   www.independent.co.uk › business › currys-slashes

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   Dec 15, 2022 · Mark Crouch, an analyst at social investing network eToro, said: “Currys has cut costs – and cut hard – in an attempt to keep its head above water during what is perhaps the toughest ...

   • Author: Anna Wise

2. news.sky.com › story › currys-says-rising-costsCurrys says rising costs being passed on to shoppers and ...

   news.sky.com › story › currys-says-rising-costs

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   Jul 7, 2022 · Currys has said growing costs are being passed on to shoppers and warned of inflation's impact on sales. ... the company told investors it was buoyed by £69m in savings through cost-cutting over ...

3. www.reuters.com › business › retail-consumerUK retailer Currys warns on profit as Nordic chill sweeps in

   www.reuters.com › business › retail-consumer

   Dec 15, 2022 · British electricals retailer Currys cut its full-year profit forecast on Thursday after heavy discounting by rivals in the Nordics region drove it to a first-half loss, sending its shares as much ...

4. www.irishtimes.com › business › 2022/12/15Retailer Currys cuts annual profit outlook after half-year loss

   www.irishtimes.com › business › 2022/12/15

   Dec 15, 2022 · Thu Dec 15 2022 - 07:53. Electrical retailer Currys cut its annual profit outlook on Thursday after reporting a half-year loss as a deepening cost-of-living crisis forces customers to cut down on ...

5. ca.finance.yahoo.com › news › currys-slashes-profitCurrys slashes profit outlook as ‘hard-pressed’ customers cut ...

   ca.finance.yahoo.com › news › currys-slashes-profit

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   Dec 15, 2022 · Shares in the technology retailer were down more than 7% on Thursday after it said it has had a tough time over the past six months.

6. news.sky.com › story › currys-hurt-by-overseasCurrys hurt by overseas discounting as it cuts annual profit ...

   news.sky.com › story › currys-hurt-by-overseas

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   Dec 15, 2022 · Electricals retailer Currys has cut its annual profit outlook after diving into the red during the first half of its financial year. ... Business was harmed across the group by the cost of living ...

7. People also ask

   Why has Currys cut costs?

   • Mark Crouch, an analyst at social investing network eToro, said: “Currys has cut costs – and cut hard – in an attempt to keep its head above water during what is perhaps the toughest environment for retailers in living memory.

   Currys slashes profit outlook as ‘hard-pressed’ customers cut back

   www.independent.co.uk/business/currys-slashes-profit-outlook-as-hardpressed-customers-cut-back-b2245749.html

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   Why did Currys cut its profit outlook?

   • Electrical retailer Currys cut its annual profit outlook on Thursday after reporting a half-year loss as a deepening cost-of-living crisis forces customers to cut down on non-essential spending.

   Retailer Currys cuts annual profit outlook after half-year loss

   www.irishtimes.com/business/2022/12/15/retailer-currys-cuts-annual-profit-outlook-after-half-year-loss/

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   What is Currys' annual profit forecast?

   • Currys now expects its full-year profit to be between 100 million and 125 million pounds ($124-$155 million). Previously, it had forecast a profit of 130-150 million pounds.

   UK retailer Currys warns on profit as Nordic chill sweeps in

   www.reuters.com/business/retail-consumer/retailer-currys-cuts-annual-profit-outlook-after-half-year-loss-2022-12-15/

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   What happened to Currys?

   • Technology retailer Currys has sunk to a loss and downgraded its full-year profit expectations, as shoppers opt for cheaper items and hunt for deals amid cost pressures.

   Currys slashes profit outlook as ‘hard-pressed’ customers cut back

   www.independent.co.uk/business/currys-slashes-profit-outlook-as-hardpressed-customers-cut-back-b2245749.html

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   Why does Currys have a profit warning?

   • The profit warning from Currys comes as consumers in Europe, particularly in Britain, are feeling the pinch of surging energy and food bills, and businesses across sectors grapple with tight margins in the wake of soaring inflation. Figuring out the valuation date on an inherited family home?

   Retailer Currys cuts annual profit outlook after half-year loss

   www.irishtimes.com/business/2022/12/15/retailer-currys-cuts-annual-profit-outlook-after-half-year-loss/

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   Could high prices negatively impact Currys?

   • Analysts fear that retailers like Currys, which sell big-ticket items such as TVs, mobile phones and washing machines, could be negatively impacted by soaring prices that are causing consumers across Europe to focus on the basics.

   UK retailer Currys warns on profit as Nordic chill sweeps in

   www.reuters.com/business/retail-consumer/retailer-currys-cuts-annual-profit-outlook-after-half-year-loss-2022-12-15/

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8. www.bbc.co.uk › news › business-68335829Currys takeover battle looms as JD.com eyes bid - BBC News

   www.bbc.co.uk › news › business-68335829

   Feb 19, 2024 · Currys could be at the centre of a takeover battle after Chinese e-commerce group JD.com said it was considering an offer for the company. ... having cut £300m from its annual costs.