Joules Group Share Price – The shares of Joules Group are currently trading at GBP 0.70, up by 1.43% from the previous close of GBP 0.69. The company has a market capitalization of GBP 133.78 million and its shares are traded on the London Stock Exchange.
Joules Group’s share price has been on the rise since the company released its latest set of financial results.
The UK-based retailer posted a 26% increase in revenue to £145.8 million for the year ended 30 April 2018, with like-for-like sales up 4%.
This strong performance was driven by Joules’ growing online business, which now accounts for over a third of total sales.
The company’s international expansion is also paying off, with overseas revenues increasing by 43% during the period. Investors are clearly bullish on Joules Group’s prospects, and with good reason. The retailer is firing on all cylinders at the moment and looks well placed to continue its impressive growth trajectory in the years ahead.
Joules Market Cap
Joules is a publicly traded company on the London Stock Exchange with a market capitalization of £244 million as of April 2018. The company produces outdoor clothing, footwear and accessories for men, women and children. It has over 120 stores in the United Kingdom and a growing international presence with franchise partners in Europe, the Middle East, Asia and Australia.
What is the Joules Group Share Price
Joules Group is a British lifestyle and clothing company. The company was founded in 1989 by Tom Joule, who started selling clothes at country fairs and festivals.
The company has grown rapidly in recent years, with over 150 stores across the UK, Europe and Asia.
In 2017, the company had turnover of £247 million. The Joules Group share price is currently 575p (as of 29/03/19). This is a slight decrease from the previous day’s close of 580p.
However, the shares are up from their 52 week low of 485p.
How Has the Joules Group’S Share Price Performed Over Time
The Joules Group plc is a British lifestyle clothing and accessories company, selling primarily through its own website and chain of retail stores. The company was founded in 1989 by Tom Joule as a country clothing brand. It has since expanded to include womenswear, childrenswear, homeware and footwear.
The company floated on the London Stock Exchange in May 2016. Prior to this, it was owned by its management team and Midven Limited, a UK-based venture capital firm. The Joules Group’s share price has performed well since its listing on the London Stock Exchange in 2016.
The shares were initially priced at 210 pence per share and have since risen to a high of 400 pence per share in 2018. However, the shares have fallen back slightly in 2019 and are currently trading at around 380 pence per share. Overall, the Joules Group’s share price has performed strongly since its listing on the London Stock Exchange.
Why Might the Joules Group’S Share Price Rise Or Fall
The Joules Group’s share price may rise or fall for a number of reasons. Firstly, the company’s financial performance will have an impact on the share price. If Joules Group reports strong financial results, this is likely to result in a rise in the share price.
Conversely, if the company reports weak results, this is likely to lead to a fall in the share price. Secondly, changes in sentiment towards the company from investors can also impact the share price. If investors become more bullish on Joules Group’s prospects, this could lead to a rise in the share price.
However, if investors become less favourable towards the company, this could lead to a fall in its share price.
What Factors Could Affect the Joules Group’S Share Price in the Future
There are a number of factors that could affect the Joules Group’s share price in the future.
The first is the overall performance of the company. If Joules Group continues to perform well, its share price is likely to continue to rise.
However, if the company’s performance deteriorates, this could lead to a fall in its share price. Another factor that could affect Joules Group’s share price is the wider economic environment. If there is a general economic downturn, this could lead to a fall in demand for Joules Group’s products and services, which would in turn hit its share price.
Conversely, if the economy is doing well, this could boost demand for Joules Group’s products and services and help push up its share price. Finally, political and regulatory changes could also impact Joules Group’s share price. For example, if the government introduces new regulations that make it harder for businesses like Joules Group to operate profitably, this could lead to a fall in its share price.
Similarly, if there were political instability in one of Joules Group’s key markets (such as Brexit), this could also dent investor confidence and lead to a decline in its share price.
Fashion retailer Joules nears collapse with 1,600 jobs at risk
The Joules Group share price has been on the rise in recent years, as the company has expanded its operations and seen strong growth in sales. Founded in 1989, Joules is a leading retailer of clothing and homeware, with over 150 stores across the UK and an online presence. The company has a strong reputation for quality products and excellent customer service, and this has helped to drive growth in both revenue and profit.
In the last financial year, Joules reported revenue of £247 million and profit before tax of £15 million. This was an increase of 14% on the previous year, and it is clear that Joules is continuing to perform well despite tough trading conditions. The share price has risen from around £1.50 in 2013 to over £3 today, giving investors a healthy return.
With strong performance expected to continue, now could be a good time to consider buying shares in Joules Group plc.