+------------------------------------------------------------------------------+
BN 12/31 10:25 *DEBENHAMS TO FOCUS ON INVESTMENTS, PAYING DIV, CUTTING NET DEBT BN 12/31 10:25 *DEBENHAMS SEES 1H PRETAX PFT TO BE IN REGION OF 85M PNDS BN 12/31 10:24 *DEBENHAMS MEASURES TO IMPROVE ONLINE EFFICIENCY SUCCESSFUL BN 12/31 10:24 *DEBENHAMS COSTS UP IN LINE W/ GUIDANCE PROVIDED IN OCT BN 12/31 10:24 *DEBENHAMS SEES 1H GROSS MGN DECLINE OF B/W 80, 100 BP. BN 12/31 10:23 *DEBENHAMS TO CEASE BUYBACK BN 12/31 10:23 *DEBENHAMS: `DIFFICULT' ENVIRONMENT HIT SALES, PROFITABILITY BN 12/31 10:22 *DEBENHAMS: EXPECT CONDITIONS TO REMAIN HIGHLY COMPETITIVE BN 12/31 10:22 *DEBENHAMS: 17-WK GROUP COMP SALES GROWTH OF 0.1% BN 12/31 10:22 *DEBENHAMS: 17-WK GROUP GROSS TRANSACTION VALUE GROWTH OF 0.7% BN 12/31 10:22 *DEBENHAMS: GROSS MARGIN DECLINED IN 17 WEEKS BN 12/31 10:21 *DEBENHAMS: RETAIL SECTOR AS WHOLE HIGHLY COMPETITIVE
+------------------------------------------------------------------------------+
Debenhams 17-Wk Group Comp Sales Growth of 0.1%, Margin Drops 2013-12-31 10:25:34.832 GMT
By Heather Burke Dec. 31 (Bloomberg) --Gross margin declined in the 17 wks to Dec. 28 due to product category mix, higher markdown. * Sees 1H gross margin decline of 80bps-100bps * Ceasing shr buyback
Link to Statement:{NSN MYO23S3HBS3K <GO>} Link to Company News:{DEB LN <Equity> CN <GO>}
For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story: Heather Burke at +44-20-7673-2044 or hburke2@bloomberg.net