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Last $7.60 USD
Change Today +0.20 / 2.70%
Volume 800.0
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

dixons carphone plc (DSITF) Key Developments

Sprint Announces Retail Agreement with Dixons Carphone

Sprint and Dixons Carphone announced a commercial relationship that pairs Sprint with a premier European consumer electronics retailer renowned for innovation in wireless retail sales. The relationship is expected to accelerate Sprint’s retail transformation, and is the latest inventive move to grow its number of retail stores. As part of the arrangement, in coming months Sprint will work closely with Dixons Carphone Connected World Services division on a pilot program to build and operate about 20 new Sprint stores in select U.S. markets. These Sprint stores will operate similarly to the third-party retailers who operate Sprint-branded wireless stores across the U.S. Sprint will own and staff the stores while CWS will manage them. CWS will also apply its expertise and best practices across all of Sprint’s sales channels. In a former joint venture with Best Buy, the company helped launch Best Buy Mobile. This agreement is the latest in Sprint’s strategy to expand its distribution and provide shoppers with a better customer experience. Earlier in 2015, Sprint quickly and cost-effectively doubled the number of corporate-owned stores by opening Sprint at RadioShack in 1,435 locations, which are currently undergoing renovation. Sprint has launched Direct 2 You, a one-of-a-kind service that brings a personalised sales experience directly to customers whenever and wherever they want for free. If the pilot stores prove to be successful Sprint and Dixons Carphone will establish a joint venture to open and operate a substantial number of new Sprint-branded stores across the U.S. The two companies will equally fund the start-up costs of the joint venture and each will initially have 50% ownership interest.

Dixons Carphone plc - Shareholder/Analyst Call

Dixons Carphone plc - Shareholder/Analyst Call

Dixons Carphone Appoints Gary Booker and Julian Diment as Joint CMOs

Dixons Carphone has restructured its marketing department and appointed joint CMOs in Gary Booker and Julian Diment as it finds synergies across the business a little more than a year after the merger of Dixons and Carphone Warehouse. Diment was previously marketing director for Carphone Warehouse. His new role will see him retain sole responsibility for marketing the Carphone Warehouse brand while also overseeing CRM and customer experience across the whole business. Booker, formerly marketing director at Dixons Retail, will continue to be responsible for the Dixons brand - which includes retailers Currys and PC World - while also taking on insight and PR across the business.

Dixons Carphone Reports Revenue Results for the Fourth Quarter and Fiscal Year Ended May 2, 2015

Dixons Carphone reported revenue results for the fourth quarter and fiscal year ended May 2, 2015. For the quarter, the company reported increased UK and Ireland like for like sales 13% in the fourth quarter to May 2, compared to the year-earlier period. Group revenue rose by 9% in the fourth quarter. For the year, the company's revenue rose by 6% in the year, with the Nordics growing slightly and performing better than Southern Europe, where sales fell by 5% in the year.

Dixons Carphone plc Provides Earnings Guidance for 17 Weeks Ended May 2, 2015

Dixons Carphone plc provides earnings guidance for 17 weeks ended May 2, 2015. For the period, the company expected group pro forma Headline PBT expected to be slightly above the top end of previously guided range of £355 million to £375 million.


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Price/Sales 1.0x
Price/Book 2.8x
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