Quiz, the British clothing retailer, has said that it expects its revenue for the full year to 31 March 2022 to touch around £78 million.
If the retailer succeeds in reaching anywhere around £78 million, it would be much better than numbers predicted by analysts.
Quiz will, reportedly, publish its full-year results in July 2022.
The womenswear retailer also said it is delighted at the gross margin generated across the year, adding that the gross margin in the last quarter was consistent with the same period in 2019.
Notably, this was driven by strong full-price sell through of Quiz’s occasionwear and dressy casualwear products.
Consequently, the fashion retailer has expressed hopes of returning to full-year profitability with an EBITDA of no less than £4.3 million and a profit before tax of no less than £0.5 million.
Started in 1993, Quiz is majorly known for women’s tops, trousers, midi skirts, shorts and maxi dress, amongst others.
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