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B&M European Value Retail SA ( (GB:BME) ) has provided an announcement.
B&M European Value Retail S.A. has revised its financial outlook for FY26 due to an error in recognizing £7m of overseas freight costs, resulting in a lowered Group Adjusted EBITDA forecast to £470m – £520m from the previous £510m – £560m. Additionally, CFO Mike Schmidt plans to step down, with a search for his successor underway, and the company will commission a third-party review of the financial oversight issue.
The most recent analyst rating on (GB:BME) stock is a Hold with a £260.00 price target. To see the full list of analyst forecasts on B&M European Value Retail SA stock, see the GB:BME Stock Forecast page.
Spark’s Take on GB:BME Stock
According to Spark, TipRanks’ AI Analyst, GB:BME is a Outperform.
B&M European Value Retail SA’s overall stock score is driven by strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest the stock may be undervalued. Financial performance is stable, with strong cash generation, though high leverage and declining free cash flow growth pose risks. Technical indicators show a bearish trend, but potential for reversal exists. The earnings call provided positive guidance and highlighted strategic growth plans, supporting the stock’s outlook.
To see Spark’s full report on GB:BME stock, click here.
More about B&M European Value Retail SA
B&M European Value Retail S.A. is a variety retailer operating 786 stores in the UK under the ‘B&M’ brand, 344 stores under the ‘Heron Foods’ and ‘B&M Express’ brands, and 140 stores in France under the ‘B&M’ brand. The company was founded in 1978 and is listed on the London Stock Exchange since June 2014.
Average Trading Volume: 4,956,983
Technical Sentiment Signal: Sell
Current Market Cap: £2.18B
Learn more about BME stock on TipRanks’ Stock Analysis page.