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Gregory James Wilson

Gregory James Wilson
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Dr Martens First Quarter 2021 Financial Results

Dr Martens First Quarter 2021 Financial Results
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Wholesale drives Dr Martens revenue leap

Wholesale drives Dr Martens revenue leap Group revenue at Dr Martens was up 52% year on year to £147.3m in the three months to 30 June, as the footwear retailer benefitted from strong sales in the Americas and a return to more normalised wholesale shipments. Dr Martens reported a 50% year-on-year increase in wholesale revenue in the period.  However, the retailer noted that wholesale figures were skewed because in the first quarter of 2020 a large proportion of wholesale customers rescheduled orders as a result of the pandemic. On a two-year basis wholesale revenue was up 23%. Meanwhile, in the period ecommerce revenue soared by 155% year on year.

Investegate |Dr Martens PLC Announcements | Dr Martens PLC: Result of AGM

Investegate |Dr Martens PLC Announcements | Dr Martens PLC: Result of AGM
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