Gear4Music to reveal impact of investment on profit margins
The musical instruments retailer Gear4Music (G4M:AIM) will report half year results on 24 October. We already know that sales grew 44% in the period to £31.2m, thanks to a previous trading update. The focus for the results will therefore be concentrated on profit margins and expansion plans.
Investors should pay close attention to earlier guidance that investment during the six month period has increased costs and ‘restricted’ margins in the short term.