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)

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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"}}}