Shares in Debenhams (DEBS:AIM) rallied after the online fashion group guided for FY26 adjusted EBITDA of £53 million. That is ‘comfortably ahead’ of previously-upgraded guidance. The revised estimate represents a 36% year-on-year earnings increase as the turnaround gathers pace. The upgrade largely reflected a 76% surge in H2 earnings. Cost-cutting and a pivot towards a … Continue reading Debenhams delivers another profit upgrade