Mosaic Brands Sees Turnaround
Mosaic Brands Sees Turnaround
Underperforming women's wear retailer Mosaic Brands (ASX:MOZ) regards the six months to December as a 'turning point' for the embattled group.
表現不佳的女裝零售商美國美盛品牌（澳大利亞證券交易所股票代碼：MOZ）將截至12月的六個月視爲這家陷入困境的集團的 “轉折點”。
Retiring CEO Scott Evans stated in commentary that the group is now in a better position than it has been for a while, with net profit after tax rising 38% to $5.4 million. There has been a sharp cut in inventory to more manageable levels, with only a 6.6% drop in comparable store sales.
即將退休的首席執行官斯科特·埃文斯在評論中表示，該集團現在的狀況比以往任何時候都要好，稅後淨利潤增長了38％，達到540萬美元。庫存已大幅削減至更易於管理的水平，同類門店銷售額僅下降了6.6％。
The company reported that the net profit "was after absorbing a negative impact of $4.3m due to an adverse currency movement against the USD, with an EBIT of circa $13.1 million ($17.4 million normalized for USD impact), against $13.7 million in the December 2022 half."
該公司報告稱，淨利潤 “吸收了因貨幣兌美元匯率的不利波動而產生的430萬美元的負面影響，息稅前利潤約爲1,310萬美元（按美元影響正常計算爲1,740萬美元），而2022年12月上半年的息稅前利潤爲1,370萬美元。”
Evans stated in Thursday's earnings release that "A pre-Covid track record of profitability has resumed, as seen over the recent few years."
埃文斯在週四的業績中表示：“從最近幾年來看，COVID之前的盈利記錄已經恢復。”
"The Group has delivered a $13.5m improvement over the last 6 months in its net current assets position and projects further balance sheet improvements for the second half of FY24 and into FY25.
“在過去的6個月中，該集團的淨流動資產狀況改善了1350萬美元，並預計24財年下半年和25財年的資產負債表將進一步改善。
"The Group has also made significant progress in securing a refinancing package with Hilco Capital that we expect to sign in the coming weeks, which provides greater operational flexibility for Mosaic.
“該集團在確保與Hilco Capital的再融資一攬子計劃方面也取得了重大進展，我們預計將在未來幾周內簽署該計劃，這將爲美國美盛提供更大的運營靈活性。
"Finally, we have also received in-principle agreement to extend or refinance the convertible notes with the noteholders representing the majority of notes on issue," said Mr. Evans.
埃文斯說：“最後，我們還與佔已發行票據大多數的票據持有人達成了原則上的協議，延長可轉換票據的期限或再融資。”
The company announced Erica Berchtold's appointment as CEO of Mosaic Brands, with Mr. Evans retiring from the Group. Berchtold was previously named CEO of Best and Less, but it was taken over in 2023 before she could start, and before that, she led the online retailer, The Iconic, as well as served as managing director of Rebel.
公司宣佈埃裏卡·伯希托爾德被任命爲美國美盛品牌首席執行官，埃文斯先生將從集團退休。Berchtold此前曾被任命爲Best and Less的首席執行官，但在她開始工作之前於2023年被接任，在此之前，她領導在線零售商The Iconic並擔任Rebel的董事總經理。
Mosaic Brands Chairman Richard Facioni said in Thursday's statement, "Having put the Group back on its feet operationally, strategically, and financially, and having successfully navigated the Group through Covid, Scott informed the Board some months ago of his intention to retire."
美國美盛品牌董事長理查德·法西奧尼在週四的聲明中表示：“在使集團在運營、戰略和財務上重新站穩腳跟，併成功引導集團渡過了新冠肺炎疫情之後，Scott在幾個月前向董事會通報了他退休的打算。”
"This facilitates a seamless leadership transition to Erica, with Scott stepping down post the release of these results before working through a three-month handover period," Mr. Facioni added.
法西奧尼補充說：“這有利於領導層順利過渡到埃裏卡，斯科特將在這些業績公佈後辭職，然後再進行三個月的移交期。”
"Over the past 10 years, Scott has overseen the amalgamation of nine underperforming and loss-making brands and has successfully integrated them and turned them around.
“在過去的十年中，斯科特監督了九個表現不佳和虧損的品牌的合併，併成功地整合了它們並扭轉了局面。
"The Group experienced 5 consecutive years of growth and profitability under his stewardship, until this was derailed by Covid.
“在他的領導下，集團經歷了連續5年的增長和盈利能力，直到Covid使之脫軌。
"He has now set the business up for success in the coming years, under new leadership, by building an online operation from the ground up, resetting our store strategy, and broadening our customer base."
“現在，他在新的領導下，通過從頭開始建立在線業務，重置我們的門店戰略和擴大我們的客戶群，爲未來幾年的成功做好了準備。”
譯文內容由第三人軟體翻譯。