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Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had filed its letter ref. no. SEC/41/2023-24 dated July 19, 2023 in respect of the analyst / investors conference call on Tuesday, July 25, 2023 at 11:00 a.m IST to discuss the corporate performance for the quarter ended June 30, 2023. In respect of the same and as required under Regulation 30 and 46, we are pleased to inform that the audio recording of the earnings call is made available on the Company website https://corporate.shoppersstop.com/ on the link https://corporate.shoppersstop.com/investors/transcript-conf-call/
25-07-2023

Shoppers Stop Results Earnings Call for Q1FY24

 Conference Call with Shoppers Stop Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.
25-07-2023
Bigul

Q1FY24 Quarterly Result Announced for Shoppers Stop Ltd.

 Department Stores company Shoppers Stop announced Q1FY24 results: Reports PBT of Rs 19 crore in Q1FY24; PAT at Rs 13 crore Brands premiumization across categories resulted in strong Average Transaction Value growth of 8% Capex investment of Rs 43 crore Added 1 HomeStop and 6 Beauty stores 5 Department stores under fit-out Renovated 3 Department and 1 HomeStop Store Shoppers Stop launched the “Fashion For All” format under the brand “Intune”, which is a 100% private brand. Opened 3 stores-2 in Hyderabad and 1 at Dombivali (Mumbai), 3 stores under fit out Beauty remained the fastest growing segment recording sales of Rs 216 crore, +13% YoY Venu Nair, MD & CEO at Shoppers Stop, commented on the Q1FY24 results, “Retail Sector is moving towards normalcy, with Beauty & non-apparel categories seeing strong growth. However, the Apparel segment is witnessing moderation, and the operating environment remains challenging. In this context, we have delivered a resilient and competitive performance. Our business model and its strategic pillars are driving sustainable growth. As a result, our revenue for Q1FY24 has grown by 4% compared with Q1FY23. We continue to revamp our older stores to upgrade their look and feel, offering fashionable brands for all age groups and customers. Our strategy of democratization of beauty for all segments of customers has driven growth. The 3P customer-centric strategy of personalization, premiumization, and the private label has resulted in Increased Average Transaction Value (ATV) and Average Selling Price (ASP) by 8% and 5%. On the overall store expansion strategy, Shoppers Stop will open 12 new Department stores in 7 new cities by the end of FY24, apart from 15 Beauty stores. Recently, we launched “Intune” a “Fashion For All” format, again one of the strategic initiatives to cater to the Young Families. We launched 3 stores, 2 in Hyderabad and 1 in Dombivli (Mumbai), and another 3 stores are under fit out. Our customer engagement strategy through various offline and online activations like beauty makeovers, End of Season sales (EOSS) witnessed a rebound of customers' footfalls to our stores resulting in higher traction. For a more personalized experience through AI, we have introduced ‘Virtual Try On and Skin Analyzer’ at SSBeauty stores for a virtual try-on make-up experience.” Result PDF
25-07-2023

Shoppers Stop Q1 profit down 36% to Rs 14.5 crore

 The company had posted a net profit of Rs 22.83 crore in the April-June period a year ago, Shoppers Stop said in a regulatory filing.
25-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Please find enclosed Press Release and Investor Presentation dated July 24, 2023.
24-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Please find enclosed Press Release and Investor Presentation dated July 24, 2023.
24-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Outcome Of The Board Meeting - Announcement Of Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended June 30, 2023.

 Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended from time to time ("SEBI LODR"), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. July 24, 2023, have inter alia approved the Un-Audited Financial Results ( Standalone and Consolidated) of the Company for the quarter ended June 30, 2023 ("the Financial Results"). A copy of the same is enclosed herewith along with Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results.
24-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Board Meeting Outcome for Outcome Of The Board Meeting - Announcement Of Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended June 30, 2023.

 Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI LODR'), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. on July 24, 2023, have inter alia approved the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2023 ('the Financial Results'). A copy of the same is enclosed herewith along with Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results.
24-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 Please be informed that the Nomination Remuneration and Corporate Governance Committee of the Company at its meeting held today i.e. July 24, 2023 has allotted total 65,820 equity shares under ESOP 2020 Scheme and 61,287 equity shares under ESOP 2022 Scheme.
24-07-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Shareholder Meeting / Postal Ballot-Outcome of AGM

 Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 we are pleased to provide hereunder the summary of the proceedings of 26th AGM of the Company held on Monday, July 24, 2023 at 11.30 am through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM").
24-07-2023
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