Body Shop International plc
Body Shop: offer recommended
Body Shop has recommended a cash offer from L’Oreal of 300p a share.
As this is a recommended offer with no significant competition implications, we see no obstacles to it going though.
As the announcement notes this represents a premium of about a third to the price of Body Shop prior to takeover rumours.
Body Shop: Christmas trading statement
Body Shop’s performance has changed little since the although comparable store sales over Christmas were up by slightly less (3%) than in the first half of the year (4%).
Sales growth in Body Shop shops varied across regions: it was weak in the Americas (-1%) and the UK (+1%) but strong in Asia (+7%) and elsewhere […]
Body Shop H1 results
Body Shop’s comparable store sales were up 4% in the first half of the year. This implies slightly slower growth in the second quarter, but growth remains much has it down over the last 12 months. We have some doubts about Body Shops comparable store numbers as they will tend to be slightly exaggerated against […]
Body Shop trading statement
Body Shop’s comparable store (like-for-like) sales in the first quarter of this year were slightly better than the second half of last year (5% vs 4%) and were positive in every regions other than the America’s. However, we are not altogether happy with the definition of comparable store sales used in the statement, as it […]
Body Shop results
The second half of the financial year (to February 2005) went much better than the first half for Body shop. LFL sales were up 4% globally and were positive in every region except the Americas where LFL sales were flat. Body Shop at Home continued to be extremely successful. Sales growth has been been driven […]
Body Shop
The UK has been Body Shop’s weakest region for some time and this continued into the first half of the 200/5 financial year withLFL sales down 5%., but there are signs of a turnaround with the decline down to 1% over Christmas. The main driver of turnover growth has been Body Shop at Home which […]
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