Tuesday preview: Ted Baker to report healthy first half results, analysts expect

Fashion retailer Ted Baker is expected to report robust first half earnings on Tuesday, as demand for the luxury brand grew.

Jefferies expects a 24% increase in pre-tax profit to £17.8m, as revenues are forecast to jump 23%.

In the first quarter, Ted Baker posted a 24.2% increase in revenue, as the company opened new stores globally and raised brand awareness in new markets. The group saw growth across its stores, e-commerce business and wholesale sales.

"The Ted Baker brand continues to perform very well and we have delivered further progress across our global markets and distribution channels,” said Ray Kelvin, founder and chief executive.

Jefferies said the recent launch of women’s active wear will also extend the firm’s reach while the classic range is continuing to attract loyal UK consumers.

Tuesday 06 October

INTERIMS
Ted Baker

INTERIM DIVIDEND PAYMENT DATE
Holders Technology, Tex Holdings

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Factory Orders (GER) (11:00)
PMI Construction (GER) (08:30)
PMI Retail (EU) (09:10)
PMI Retail (GER) (09:10)

FINALS
Firestone Diamonds, St Ives

ANNUAL REPORT
Goldplat

EGMS
Public Joint Stock Company Rosseti GDR (Each REPR 200 ORD) Reg S, Sefton Resources Inc.

AGMS
Sefton Resources Inc.

TRADING ANNOUNCEMENTS
Greggs

UK ECONOMIC ANNOUNCEMENTS
New Car Registrations (09:00)