5 Killer Stats
$6.2 billion
Price tag on Levi Strauss
Iconic jeans maker Levi Strauss provided an update on Monday over its planned return to
public ownership. Only a small slice of the company will be up for sale, with a total of 36.7
million shares said to be offered for between $14 and $16 each. That could value the whole
business at as much as $6.2 billion. This isn’t Levi’s first foray into the stock market however
– the company was previously in public ownership from 1971 to 1985.
$6.2 billion
Down 24%
Profits at Domino’s Pizza
The pizza takeaway and delivery business posted full year results this week, with profits
falling by a notable 24%. Business in the UK and Ireland is motoring along nicely, but the
company is finding challenges with some of its expansion plans into mainland Europe.
However with limited competition from other global brands, they’re committed to making
things work in the likes of Norway and Switzerland, with additional management resource
being committed.
Down 24%
£13.5 million
Early Learning Centre sold
Struggling retailer Mothercare has announced that it is to sell its ELC brand to toyshop
group, The Entertainer. The proceeds will be used to pay down debt at Mothercare, but the
company will still retain some £6 million worth of stock and maintain a long term, arms-
length relationship with the brand. Shares rose 5% as a result.
£13.5 million
600,000
New UK jobs by 2023
Chancellor of the Exchequer Phillip Hammond issued his ‘spring statement’ this week, with
upbeat forecasts for the UK economy if a no-deal Brexit can be averted. As well as steering
well clear of recessionary threats, Mr Hammond said that 600,000 new jobs would be
created in the country over the next five years, with a consequent impact on wage inflation,
too.
600,000
308 million
Cinema tickets sold by Cineworld
The world’s second largest cinema operator, Cineworld, published full year results on
Thursday. A record number of movie-goers helped bolster profits, as did the acquisition of
US chain Regal at the end of 2017. The company is also said to be benefitting from the roll-
out of premium-format cinemas, too. Shares jumped 7% on the back of the news.
308 million
For information purposes only, not intended to constitute financial advice from us. The customer should assess the risk of potential loss carefully and individually before investing in any financial products. Dabbl Group Limited is authorised by the FCA under the reference numbers 767263 as an appointed representative of its Principal firm VIBHS Financial Ltd, which is authorised and regulated by the Financial Conduct Authority under the reference number 613381.