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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Gear4music
Gear4music (G4M) investor relations material
Gear4music Q2 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 TU earnings summary20 Oct, 2026
Executive summary
H1 revenue and gross profit grew YoY, with trading in line with Board expectations despite strong comparatives and challenging discretionary spending conditions.
Financial highlights
Revenue rose 6% to £85.4m; gross profit expected at £23.6m vs £22.6m in FY26 H1 and £16.5m in FY25 H1.
EBITDA expected at £5.7m vs £6.5m in FY26 H1 and £2.9m in FY25 H1, reflecting setup costs for the automated UK warehouse.
Outlook and guidance
FY27 performance expected to be in line with market consensus: revenue £200.2m, EBITDA £16.0m and profit before tax £6.0m.
Peak trading remains ahead; the Board said operations are well prepared for this key period.
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Latest events from Gear4music
- Adjusted EBITDA up 34% and net debt halved, with growth focused on own-brand and new channels.G4M
H2 2024 - Revenue growth resumed in Q2 FY25, with improved profitability and reduced net debt.G4MQ2 2025 TU
- Q2 FY25 saw revenue growth, UK sales up 6%, EBITDA improved, and second-hand sales up 286%.G4MH1 2025
- Revenue up 2% to £146.7m, EBITDA at £10.0m, with UK growth offsetting European decline.G4MQ4 2025 TU
- Asset acquisition and strong sales growth drive a confident FY26 outlook.G4MTrading update
- Q3 FY25 revenue up 6% year-over-year, with strong UK growth and stable gross margins.G4MQ3 2025 TU
- Revenue and profit growth, strong UK performance, and platform upgrades drive FY26 optimism.G4MH2 2025
- Revenue up 31% and EBITDA guidance raised, driven by strong sales and improved margins.G4MQ2 2026 TU
- Revenue up 30% and EBITDA up 84%, with automation and AI fueling future growth.G4MH2 2026
Next Gear4music earnings date
H1 202717 Nov, 2026
Gear4music
Next Gear4music earnings date
H1 202717 Nov, 2026
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