BUZZ-Australia's Step One Clothing fall to over two-month low as profit tumbles
Reuters
Feb 18
BUZZ-Australia's Step One Clothing fall to over two-month low as profit tumbles
** Shares of Step One ClothingSTP.AX fall 6.3% to A$0.3, their lowest level since December 11
** The undergarment retailer posts half-year adj net profit of A$290,000, down 96.5% from A$8.2 million last year
** Shares on track for their weakest day since December 5, if losses hold
** About 767,873 shares change hands, 4.9x the 30-day average of 156,250
** Stock down 13.4%, YTD, including moves in current session
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
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