Finest foot ahead: Metropolis analysts predicted earnings will plummet by a 3rd to £125m
Dr Marten is braced to report a pointy drop in revenue and income as gross sales within the US tumble.
The London-listed firm’s gross sales are anticipated to fall to £900m, an 11 per cent drop from final yr when it broke the £1billion barrier for the primary time.
Metropolis analysts predicted earnings will plummet by a 3rd to £125m when the cult bootmaker publicizes its full-year outcomes on Thursday.
Dr Martens has suffered from falling income, with double-digit declines within the US in its April buying and selling replace.
The footwear model has suffered an 80 per cent share value drop since its inventory market launch three years in the past.