Moss Bros Gains 20% after dividend boost
January 14, 2014 2:46 pmVideo
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Moss Bros (MOSB.L) has recieved a boost after the company announced it was increasing dividend after full year profits beat forecasts. Like-for-like sales also jumped 12.9% in the five weeks to January 11th and rose 7.3% in the 24 weeks to the same day.
Chief Executive Brian Brick said “The improved sales performance and continued strong cost management and rigorous clearance of stock, means that we will finish 2013/14 ahead of market expectations”
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