Accent Group's Guidance Cut Is Worrying -- Market Talk

Dow Jones

May 04

0046 GMT - Accent Group's guidance cut causes particular concern at RBC due to the suddenness of the sales downturn it implies. The footwear and apparel retailer cut its second-half EBIT guidance range by more than 20% at the midpoint despite commenting that trading was in line with expectations through to the end of March. RBC analyst Jackie Moody observes that this implies the downgrade is only representative of weaker-than-expected trading in the June quarter. Moody tells clients in a note that further interest-rate hikes or escalating conflict in the Middle East could further hit consumer sentiment, warning of the impact on forecasts if conditions persist into Accent's 2027 fiscal year. RBC has a last-published sector perform rating and A$1.30 target price on the stock, which is down 9.7% at A$0.56. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 03, 2026 20:46 ET (00:46 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2632981644"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2632981644\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2632981644?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-04 08:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2632981644","market":"nz","top_or_hot":-1,"title":"Accent Group's Guidance Cut Is Worrying -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0046 GMT - Accent Group's guidance cut causes particular concern at RBC due to the suddenness of the sales downturn it implies. The footwear and apparel retailer cut its second-half EBIT guidance range by more than 20% at the midpoint despite commenting that trading was in line with expectations through to the end of March. RBC analyst Jackie Moody observes that this implies the downgrade is only representative of weaker-than-expected trading in the June quarter. Moody tells clients in a note that further interest-rate hikes or escalating conflict in the Middle East could further hit consumer sentiment, warning of the impact on forecasts if conditions persist into Accent's 2027 fiscal year. RBC has a last-published sector perform rating and A$1.30 target price on the stock, which is down 9.7% at A$0.56. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 20:46 ET (00:46 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Accent Group's Guidance Cut Is Worrying -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAccent Group's Guidance Cut Is Worrying -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-04 08:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0046 GMT - Accent Group's guidance cut causes particular concern at RBC due to the suddenness of the sales downturn it implies. The footwear and apparel retailer cut its second-half EBIT guidance range by more than 20% at the midpoint despite commenting that trading was in line with expectations through to the end of March. RBC analyst Jackie Moody observes that this implies the downgrade is only representative of weaker-than-expected trading in the June quarter. Moody tells clients in a note that further interest-rate hikes or escalating conflict in the Middle East could further hit consumer sentiment, warning of the impact on forecasts if conditions persist into Accent's 2027 fiscal year. RBC has a last-published sector perform rating and A$1.30 target price on the stock, which is down 9.7% at A$0.56. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 20:46 ET (00:46 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7021","symbol_name":"服装零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632981644","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632981644","pubTimestamp":1777855560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0046 GMT - Accent Group's guidance cut causes particular concern at RBC due to the suddenness of the sales downturn it implies. The footwear and apparel retailer cut its second-half EBIT guidance range by more than 20% at the midpoint despite commenting that trading was in line with expectations through to the end of March. RBC analyst Jackie Moody observes that this implies the downgrade is only representative of weaker-than-expected trading in the June quarter. Moody tells clients in a note that further interest-rate hikes or escalating conflict in the Middle East could further hit consumer sentiment, warning of the impact on forecasts if conditions persist into Accent's 2027 fiscal year. RBC has a last-published sector perform rating and A$1.30 target price on the stock, which is down 9.7% at A$0.56. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7021":"服装零售","AX1.AU":"ACCENT GROUP LTD"},"translate_title":"雅绅特集团下调指引令人担忧——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AX1.AU":0.9},"content_text":"0046 GMT - Accent Group's guidance cut causes particular concern at RBC due to the suddenness of the sales downturn it implies. The footwear and apparel retailer cut its second-half EBIT guidance range by more than 20% at the midpoint despite commenting that trading was in line with expectations through to the end of March. RBC analyst Jackie Moody observes that this implies the downgrade is only representative of weaker-than-expected trading in the June quarter. Moody tells clients in a note that further interest-rate hikes or escalating conflict in the Middle East could further hit consumer sentiment, warning of the impact on forecasts if conditions persist into Accent's 2027 fiscal year. RBC has a last-published sector perform rating and A$1.30 target price on the stock, which is down 9.7% at A$0.56. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 03, 2026 20:46 ET (00:46 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}