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Frasers cuts guidance as sales stall

Higher costs after the Budget and more cost-conscious consumers knock Frasers' full-year outlook
Frasers cuts guidance as sales stallPublished on December 5, 2024
  • Interim profits down on analyst forecasts
  • Guidance for full-year cut 

Frasers (FRAS) is expected to slip out of the FTSE 100 after the retail group cut its full-year profit guidance on the back of weaker consumer confidence around last month’s Budget. 

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