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News & Comment

Retail trading updates begin to flow

Despite persistent speculation of slow trading and reduced levels of consumer borrowing, the annual flood of retail Christmas trading updates has kicked off in imperious fashion thanks to a 10.8 per cent rise in like-for-like sales at Majestic Wine. Elliott Davis reports. Read

Vintage results from Majestic

Wine retailer Majestic Wine cracked open another set of vintage results for the year to 1 April, with profits before tax raised 31 per cent to £5.9 million on revenues up from £86.8 million to £104.6 million. Elliott Davis reports. Read

Christmas cheer for Majestic

Shares in wine warehouse operator Majestic Wine, recommended in Growth Company Investor magazine last month at 365p, rose 15p to 430p today as it announced an 11 per cent rise in like-for-like sales over the Christmas period. Elliott Davis reports. Read

Majestic results on Monday

Followers of Majestic Wine will be looking for a sparkling set of interim results on Monday, in light of chief executive Tim How's recent boasts of a 13.1 per cent rise in like-for-like sales between April and October. Elliott Davis reports. Read

Majestic profits creep up

A strong final quarter, in which like-for-like sales increased by 15.6 per cent, spurred warehouse-based wine retailer Majestic Wines on to a £4.5 million full-year profit – 4.3 per cent ahead of last year. Elliott Davis reports. Read

Post-millennial hangover for Majestic Wine

Majestic fails to keep the growth curve going writes Roxanna Mohseni Read

Regal results from Majestic

Bubbly chief executive Tim How boasts of 'a good year boosted by millennial celebrations'as the warehouse wine retailer revelled in a 28 per cent rise (before exceptional costs) in pre-tax profits to £4.5 million for the year to March 2000. Turnover, buoyed by seven new stores, rose 18 per cent to £81.2 million. Roxanna Mohseni reports

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Recommendations

Majestic Wine
HOLD 21/06/2006

Wine seller Majestic keeps growing, despite the inclement retail climate. Burgeoning internet sales (up 38%), an increase in store openings (from six last year to the ‘eight to ten’ planned) and a still-growing wine market (4.3%) imply further success this year. Read
Companies: MJW   

Majestic Wine
 14/11/2005

The retail slowdown has finally left a dent in wine warehouse merchant Majestic, as interim sales grew at a slightly more leisurely pace than last year. Read
Companies: MJW   

Majestic Wine – Hold
 07/01/2005

Bucking the malaise that retailers have so far reported after the all important Christmas trading period, wine retailer Majestic enjoyed an excellent improvement of 10.4% in like-for-like sales for the nine weeks to January. Read
Companies: MJW   

Majestic Wine
HOLD 06/01/2005

Read
Companies: MJW   

Majestic Wine – Hold
 16/11/2004

It was always going to be nearly impossible for the wine retailer to beat last year's superb like-for-like sales, thanks to the gorgeous summer, but interim results to September remain full bodied. Read
Companies: MJW   

Majestic Wine
HOLD 15/11/2004

Read
Companies: MJW   

ASOS delivers 500 per cent
 02/07/2004

ASOS, the online fashion retailer, is easily our best stock of 2004. Recommended at 7p in February, the innovative group is now trading at 42p, an improvement of 500 per cent in a mere six months. Read
Companies: ASC    CCG    CPC    CRE    ERG    KWL    MJW    PKG   

Majestic Wine
HOLD 14/06/2004

Read
Companies: MJW   

Majestic Wine
REDUCE 07/01/2004

Read
Companies: MJW   

Majestic Wine
HOLD 17/11/2003

Read
Companies: MJW   

Company Watch News
 02/07/2003

Cautious optimism remains the order of the day in the markets, with an improvement in company earnings and an increase in corporate activity combining to entice investors big and small back to the market. Read
Companies: BLK    CAY    MJW    PDH    PKG    UTV    WDSW   

Majestic Wine
NO RECOMMENDATION 18/11/2002

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 24/06/2002

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 07/01/2002

Read
Companies: MJW   

Majestic is one to lay down
 01/12/2001

Majestic Wine is a company with a unique formula, and it is one that clearly works. Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 19/11/2001

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 15/11/2001

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 25/06/2001

Read
Companies: MJW   

Majestic Wines
NO RECOMMENDATION 09/01/2001

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 20/11/2000

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 22/06/2000

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 07/01/2000

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 23/11/1999

Read
Companies: MJW   

Majestic Wine
NO RECOMMENDATION 22/06/1999

Read
Companies: MJW   

Sector Articles

Worst fall since 1983

UK retail sales posted their biggest fall in 22 years – so says a survey from the Confederation of British Industry. Read

Christopher Spink's pick of AIM

Philip Green's proposals to take over Marks & Spencer have thrown up questions about the wisdom of backing a company whose shares are predominantly held by its executive directors Read

AIM report

Aim celebrated reaching 700 constituents just before Christmas, as it welcomed Debt Free Direct and Dickinson Legg to the fold. There was also a £50 million fundraising for EPIC Brand Investments, and a slew of Christmas trading updates from retail leisure companies. These were mostly good, although plenty more Aim companies picked the very quiet trading period over the break to slip out somewhat less appetising news. Read

Aim's big guns shine

People have been saying it for a long time now, but the fact is that this prolonged bear market has thrown up some nice-looking opportunities across all indices and sectors – but especially in the smaller-cap sector. The flight of investors large and small has left a number of quality performers on fetching-looking ratings, some of them ridiculously low. Read

Majestic is the pick of Aim

The Aim Index has generally remained depressed of late, having slipped 3 per cent to 590.9, though spirits were raised on 17 October when the junior market's practitioners gathered in London for the Aim Awards. But, while comedian David Baddiel left with his tail between his legs after being booed off stage, Majestic Wine was in finer spirits, walking off with the Aim Company of the Year award. Read