V2 Retail532867Retail
V2 Retail stock fell about 10% after it cut its same-store sales and store expansion guidance
By ScoutQuest · · 1 min read
- Revised same-store sales guidance
- 5 to 7 percent
- Prior same-store sales guidance
- 8 to 10 percent
- Revised store opening target
- 100 stores
- Prior store opening target
- 150 to 200 stores
- Stock move today
- down about 10 percent
Heard on business television between 15:28:56 - 15:31:56 IST.
- V2 Retail cut same-store sales growth guidance to 5-7% from 8-10% earlier.
- Store growth guidance was also cut to 100 stores versus an earlier target of 150-200 stores for FY28.
- The guidance cuts spooked the street, sending the stock down about 10%.
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Source: Live TV News Channel · 4 Nov 2026
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