Boohoo publishes another quarter of strong results

Boohoo Group plc reported strong revenue growth of 44 percent across all key geographic regions to 473.7 million pounds (614.8 million dollars) for the four months ended 31 December 2019. The company said in a statement that gross margin for the four months was 53.5 percent, down 70 bps. Boohoo revenue of 232.6 million pounds (301.8 million dollars), rose 42 percent, while year-to-date revenue of 513.7 million pounds (666.5 million dollars), was up 38 percent. Gross margin for the four months of 52 percent, was down 20bps.