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Results: CURY

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If you see Currys shares at or below 100p … then buy them!

About a month ago (here) I wrote about Currys (CURY), observing that ‘if I see the stock below a quid then I will probably buy some’. Back then the stock was between 110-115p and today it is more like 107p. So what did today’s ‘trading update for 10 weeks ended 8 January 2022’ say?

By Chris Bailey of Financial Orbit
2022-01-14 10:49:51

NEWSFLOW

Currys (#CURY) – 10 weeks to 8th Jan LFL sales -5%, on 2 year basis +4%

2022-01-14 07:35:05

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Currys…lots of worries?

If I was even more of a sad sack than I actually am, I would find on the internet one of those ‘Currys…no worries’ adverts that used to try to convince you to buy some new tech, lounge or kitchen product. However, judging by today’s 10% fall in the Currys (CURY) share price, taking it back to the c. 110p level it was at a year ago, I would say ‘Currys…lots of worries’ would be more apt.