Clothing & Shoes
Sosandar lowers FY26 guidance after M&S cyber attack
The company previously expected £46.2m in revenues for FY26 and £1.5m in adjusted pre-tax profits, but has now made the decision to pause new store openings
Sosandar has lowered its profit expectation for the current year, revealing that it now expects revenues to rise 18% to £43.6m with pre-tax profits of £400k, after a cyber attack at its second largest third-party partner M&S disrupted sales in the first quarter.
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