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IN BRIEF: Naked Wines revenue down 14% in recent year as expected

ALN

Naked Wines PLC - Norwich, England-based online wine seller - Revenue was about £250 million in the financial year that ended March 31, within the company’s guidance range of £240 million to £270 million. However, it is down 14% from £290.4 million in financial 2024, which itself was down 18% from £354.0 million in financial 2023. Naked Wines still expects to report underlying earnings of £4 million to £9 million, compared to £5.0 million in financial 2024. It pretax loss that year was £16.3 million. The company will report its full annual results in the ‘summer’, at which time it will provide guidance for financial 2026 and an update on its new strategic plan. Last year, Naked Wines reported its annual results at the end of August.

Current stock price: 78.80 pence, up 1.8% in London on Friday morning

12-month change: up 46%

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