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Revolution Bars – short of expectations in every conceivable weather environment?
By Steve Moore | Thursday 14 June 2018
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.
Previously writing just over a year ago on Revolution Bars (RBG) it was on it going from ‘platform to be confident about our prospects’ to profit warning in less than 3 months. Then heading towards 130p, the shares jumped a couple of months later on a 200p per share possible offer approach. However, an offer was voted down by shareholders and the shares have subsequently fallen back towards 150p before a Trading Update today…
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Filed under:
- profit warning
- weather
- outside trading areas
- pre-opening costs
- new openings
- adjusted EBITDA
- bullshit earnings
- challenging trading environment
- Revolution Bars
- RBG
- shares avoid
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