JOHN STEVENSON | PEEL HUNT
Another strong performance from Ted Baker, delivering around nine to 10 per cent like-for-like sales growth against stunning prior year comparatives. We leave forecasts unchanged for now, but reiterate our “buy” stance, underpinned by attractive medium term international expansion plans.
FREDDIE GEORGE | CANTOR FITZGERALD
The trading update was better than our expectations and indicates that the spring/summer ranges have been well received both in the UK and overseas… Ted Baker should see further strong momentum in womenswear… It is also, in our view, very much in the early stages of an international roll-out strategy.
CAROLINE GULLIVER | JEFFERIES
Ted reported a strong trading update with a sales increase slightly ahead of our expectations… Both retail and wholesale grew healthily despite a tough comparable base, reflecting continued strength of the brand and the management team as it continues to innovate and expand internationally.