The FTSE small cap stock has lost about three-quarters of its value this year, as it battles a cash crunch and subdued consumer demand. Superdry has tried to raise funds and rein in costs, by curbing its digital marketing spending and exiting the U.S. wholesale business.
BJ's Wholesale Club Holdings, Inc. (BJ) said the company reported a record first quarter in net income and adjusted EBITDA, showing the power of its business model and the warehouse club channel.