)
boohoo group (DEBS) investor relations material
boohoo group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Turnaround strategy and disciplined execution have returned all brands to profitability, with Debenhams leading growth and margin expansion.
The marketplace model is central, now representing 32% of GMV, enabling a stock-lite, capital-lite, and margin-rich business.
The partner ecosystem has doubled to over 20,000 in a year, and all group brands are now marketplace enabled.
Significant operational improvements and cost reductions have been achieved, including a 70% reduction in headcount and £160m in fixed cost savings.
The group is pivoting to fashion-led marketplaces and expects further cost reductions to support EBITDA margin expansion.
Financial highlights
Adjusted EBITDA up £20 million (+5%) year-over-year to £20.0m; margin at 6.7%, up 180 bps.
Loss before tax reduced to £3 million, down 97% year-over-year; statutory loss after tax reduced to £3.4m from £126.7m.
Net debt down 22% to £111 million.
CapEx halved to £7.5 million, down 50% year-over-year.
Inventory reduced by 35% to £67.9m.
Outlook and guidance
Clear line of sight to £1 billion GMV and at least £50 million EBITDA within three years.
FY 2026 adjusted EBITDA expected at £45 million; double-digit growth expected in FY 2027.
Net debt/EBITDA expected to fall below 2x by February 2027 and below 1x the following year.
The board plans to rebrand as Debenhams Plc, believing market valuation is below intrinsic value.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage