AB Foods predicts a rebound in Primark's operating profit ma...

Moomoo AI Nov 7, 2023 16:07

AB Foods predicts a rebound in Primark's operating profit margins due to reduced material and freight costs, but this is contingent on consumer demand. Even amidst inflation, the company sees less pressures and retail volatility compared to last year.

AB Foods Sees Strong Primark Margin Recovery, Launches Buyback -- Update

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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