More profit woe for Carpetright

The downward spiral in profits at Carpetright continued today after the retailer warned its markets remained “weak and volatile”.

More profit woe for Carpetright
Tue, 24 Apr, 2012 - 10:14

The downward spiral in profits at Carpetright continued today after the retailer warned its markets remained “weak and volatile”.

The group made £16.9m in its previous financial year but now estimates underlying profits for the year to April 28 will be in the region of £3m and £4m – below City forecasts of £7m.

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