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Dr Martens issues fourth profit warning

The company is flogging far fewer boots than this time last year
November 30, 2023
  • Cash outflows 
  • Swelling stock levels 

Another day, another profit warning from Dr Martens (DOCS). Earlier in the year, the boot maker blamed teething problems at its Los Angeles distribution centre for its troubles. Its latest set of results suggest there are deeper issues at play, however, relating to underlying demand. 

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