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Well-known York firm reports rising sales and profits, but below market expectations

Summary by The Press
The well-known York business Gear$ Music is reporting growing sales and profits, but below market expectations in its latest trading update.
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Well-known York firm reports rising sales and profits, but below market expectations

The well-known York business Gear$ Music is reporting growing sales and profits, but below market expectations in its latest trading update.

·York, United Kingdom
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northernfinancialreview.comnorthernfinancialreview.com

Gear4music sales up, but below market expectations – Northern Financial Review

York-based online musical equipment retailer Gear4music plc on Wednesday published a year-end trading update covering the 12 months to March 31, 2025, showing sales up 2% at £146.7 million and expected profit before tax of £1.6 million. These figures are below consensus market expectations of revenues of £154.7 million and profit before tax of £2.8 million. Gear4music’s Executive Chair, Andrew Wass, said: “Despite a challenging consumer environm…

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northernfinancialreview.com broke the news in on Wednesday, April 2, 2025.
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