Profit Warnings Q2 2022: FTSE Retailers

2 minute read 18 Jul 2022
By Amber Mace

EY UK&I Market Segment Leader - Consumer Products & Retail (CP&R)

Authentic, collaborative and inclusive leader. Mother of three. Runner and cold water swimmer.

Contributors
2 minute read 18 Jul 2022
Related topics Strategy and Transactions

Half of all the profit warnings issued so far in 2022 have come from consumer sectors – compared with a third in 2021.

Retail has been hit especially hard by 2022’s headwinds. Almost 40% of FTSE Retailers and 53% of the FTSE Personal Care, Drug and Grocery Stores sector have issued profit warnings in the last 12 months. A combination of demand, supply chain and cost pressures are now severely testing the sector, with even greater challenges to come.

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Summary

Every quarter, we provide the latest sector insights from our Profit Warnings analysis, delving deep into two specific sectors, and the challenges facing companies and stakeholders alike.

About this article

By Amber Mace

EY UK&I Market Segment Leader - Consumer Products & Retail (CP&R)

Authentic, collaborative and inclusive leader. Mother of three. Runner and cold water swimmer.

Contributors
Related topics Strategy and Transactions