Martha'S Stock Market Lost To Europe This Year?

The performance of Burberry, a luxury group, is also likely to be overshadowed.

The market expects that the annual profit growth announced by Burberry will be 17% after every day, mainly due to its geographical distribution.

The retail industry is beginning to recover from a long and profound recession.

Government data released in May 20th showed that the monthly sales growth in April was 0.3%, slightly higher than market expectations.

However, retailers are still worried about the government's loan contraction policies, such as raising taxes and cutting public spending, which are likely to combat consumer confidence in the coming months.

The Martha department store is particularly hit by the economic crisis because it has been facing competition from the discount chain Primark and strives to keep the market share.

It also acknowledged that it was too late to adjust its high-end food business.

The company then began to fight back, introducing cheap Wise Buys products in food, and introducing new clothing series such as Indigo.

Sales in the fourth quarter last month far exceeded market expectations.

But the group said that the profit for the year ending March 27th will be within the range of analysts expected to be between 620 million and 630 million pounds, which is negatively affected by the increase in employee dividends and operating expenses that are larger than market expectations.

It also indicated that gross profit margin would be basically flat in 2010-11, while operating costs would rise by 4-5%.

This will be a long way to go for Marc Bolland, a newly appointed official in early May, to return profits to 1 billion pounds in 2007-8.

According to the data provided by the company, analysts generally expect that the 2010-11 year profit will grow to 666 million pounds from 627 million pounds in 2009-10 years.

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For Burberry, a 154 year old senior windbreaker and handbag manufacturer, 15 analysts interviewed by Reuters expect their pre tax earnings to be up to 205 million pounds after deducting one-off items in the previous year ending March 31st.

The 2010-11 year's profit forecast is expected to grow to 238 million pounds, because the company, famous for its design of red and black squares, has been opening new stores and expanding its growth businesses such as children's clothing and leather goods.

Burberry's share price has exceeded 6% of Europe's STOXX 600 and household goods index this year.

Its P / E ratio is 16.3 times the expected profit in 2010-11 years, compared to its competitor LVMH, which is 18.6 times the 2010 earnings forecast.

Martha's stock price has lost 600 of its retail price index of TOXX 16% this year.

According to Reuters data, it is 10.8 times the expected price earnings ratio of 2010-11, which is 9.7 times higher than that of Next.