Gear4Music (G4M) – Retail
| Price: 308.5p +7.8% | P/E: 15.9x |
| Market Cap: £65.9m | Yield: n/a |
Having raised guidance in June, September, October and November, instrument retailer Gear4Music has done it again with its latest trading update.
Thanks to ‘very strong’ sales momentum over the Black Friday weekend, including Cyber Monday when over 14,000 orders dispatched were in a single day, the firm sees earnings for the year to 31 March 2026 above its latest forecast and the consensus.
EBITDA is now seen at ‘not less than £16.7 million’, 10% above the £15.2 consensus million and its own forecast of ‘not less than £15 million’ just a month ago.
Our View
More outstanding work from an outstanding growth company. The shares are already up 70% year-to-date, but after five upgrades they don’t look expensive to us.
Read the press release here: https://www.gear4musicplc.com/investors/overview/
Disclaimer: This content is for information only and is not investment advice. Always do your own research before investing. Click here to see full disclaimer.
