Moss Bros profits to be below forecasts

Moss Bros Group has warned that full-year profits will be slightly below forecasts at £6.5m to £6.8m.

It said that while it continued to make progress, growing retail sales against a very challenging consumer backdrop, footfall was lower than anticipated during December.

It said total sales for the 23 weeks to 6 January were 1.1% ahead of last year.

At 8:31am: (LON:MOSB) Moss Bros Group PLC share price was -17p at 73p