By Steve Moore | Tuesday 5 November 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM-listed Conviviality Retail (CVR), the UK's largest franchised off-licence chain, which includes the brands ‘Bargain Booze’, ‘Select Convenience’, ‘Thorougoods’ and recently-acquired ‘Wine Rack’ has updated that for the 26 weeks ended 27th October it “has traded well… and continues to perform in line with market expectations for 52 weeks to 27 April 2014”. The following reviews the trading update and those market expectations ahead of 20th January scheduled interim results.
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