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Clothing & Shoes

Joules lowers H1 profit guidance amid global supply issues

The lower profit expectation was attributed to the ‘well-documented’ global supply chain issues which have resulted in some higher costs and stock delays during the period

Retailer Joules expects to report lower pre-tax profits for the 26-week period ending 28 November ranging from £2m to £2.5m, compared with last year’s result of £3.7m.

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