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Boohoo Group returns to profit as turnaround accelerates with improved sales and margins

Company Fundamentals
23 Oct 2026
Proactive Investors
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Bullish
Boohoo Group returns to profit as turnaround accelerates with improved sales and margins

Boohoo Group PLC, trading as Debenhams Group PLC, reported a pre-tax profit of £28 million for the six months ending 31 August, reversing a £18 million loss from the previous year. This marks the first positive pre-tax result since August 2021, driven by stronger sales, wider margins, and growth in its Debenhams brand and marketplace sales. Revenue fell 3% to £410 million due to a shift towards a commission-based marketplace model, but gross margin improved to 54%. The group expects full-year adjusted earnings of at least £59 million and aims for over £100 million pre-tax profit in the medium term.

Boohoo Group's recent profit turnaround is offered here with Consumer Cyclical sector context from Pluang. For readers following this sector, as of Oct 23, 2026 13:51 WIB, 66 of 134 US Consumer Cyclical stocks rose while 61 fell. Notable movers include Harley-Davidson Inc (HOG) at USD 29.11 with a 6.47% increase and 100% sell order activity, Ermenegildo Zegna N.V. (ZGN) at USD 13.74 up 6.39% with 100% buy orders, and Life Time Group Holdings Inc. (LTH) at USD 43.35 rising 6.35%.

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