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French Connection slumps on profits warning
Monday, 6th February 2012
Fashion retailer French Connection (LON:FCCN) fell more than 14% after its second profits warning in three months.A disappointing autumn/winter season led the company to guide the market lower on full year profits.
It now expects to make £4.7 million including a one-off exchange gain of £700,000 in the year ended 31st January, compared with a previously anticipated £7.8 million.
At 11:57am: (LON:FCCN) French Connection Group share price was -4.25p at 53.75p
Story provided by StockMarketWire.com
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