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Naked Wines trades in line YTD
(Sharecast News) - Online wine retailer Naked Wines said on Wednesday that year-to-date trading continued to be in line with its FY26 guidance. Ahead of its annual general meeting, Naked Wines told investors that its FY26 guidance indicated "progressive growth" in adjusted underlying earnings, excluding inventory liquidation and associated costs, and further cash generation when compared to FY25.
Naked Wines also said its share buyback programme, launched last month, was "progressing well", with approximately £1.7m of the £2m maximum aggregate consideration completed thus far, at prices "well below" the board's view of intrinsic value.
The London-listed company will announce its interim results for the six months ended 30 September in early December.
As of 0830 BST, Naked Wines shares were down 0.83% at 85.29p.
Reporting by Iain Gilbert at Sharecast.com
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