Accent's Near-Term Outlook Clouded by Promotional Needs -- Market Talk
Dow Jones
Mar 05
2255 GMT - Uncertainty over what level of promotional activity Accent Group will need to engage in continues to hang over the apparel retailer's near-term outlook, UBS analysts say. They flag this uncertainty--against an economic backdrop that could include further interest-rate rises--as a key risk. On the other hand, they also see upside risk to Accent's second-half guidance and fiscal 2027 outlook from currency moves and improved strategy execution. They lower their target price 4.5% to A$1.05 after trimming EPS forecasts on higher net interest costs, but keep a hold rating on the stock. Shares are at A$1.005 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 04, 2026 17:55 ET (22:55 GMT)
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