Manchester United's turnaround is in early stages, but will pay off in long term, says analyst
Manchester United, which reported fiscal first-quarter results Tuesday, remains in the early stages of its turnaround, according to analyst firm Jefferies.
Manchester Utd swings to profit despite revenues fall, due to lower wages and pre-season tour costs
Manchester United Plc (NYSE:MANU) shares fell 1.7% after the US-owned football club reported a loss-making quarter due to lower revenues but kept full-year guidance unchanged. For the first quarter of its new fiscal year, the northwest-England entertainment company's revenue totalled £143.1 million, down 8.9% from a year earlier as matchday takings and broadcasting revenues were lower due to three fewer games.
Manchester United (MANU) Reports Break-Even Earnings for Q1
Manchester United (MANU) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.07 per share a year ago.
Manchester United plc Announces First Quarter Fiscal 2025 Earnings Report Date
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), announces that it will report results for the first quarter fiscal 2025 period ended 30 September 2024 via press release on 26 November 2024 at 7:00 AM EST. About Manchester United Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 146-year football heritage we have won 69 trophies, enabling us to develop what we bel.
Manchester United stock climbs after Ruben Amorim announced as manager
Shares of Manchester United Ltd. are up 2.5% on Friday after the club announced Ruben Amorim as its new head coach.
Manchester United appoint Ruben Amorim as manager after sacking Erik ten Hag
English soccer giants Manchester United on Friday confirmed the appointment of Ruben Amorim as their new manager, shortly after sacking Erik ten Hag.
Manchester United plc Announces the Appointment of Rúben Amorim as Head Coach
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), is delighted to announce the appointment of Rúben Amorim as Head Coach of the men's first team, subject to work visa requirements. He will join until June 2027 with a club option of an additional year once he has fulfilled his obligations to his current club. He will join Manchester United on Monday 11 November. Rúben is one of the most exciting and highly rated young coaches in European football. Highly decorated as both.
Manchester United shares rise after Erik ten Hag is sacked
Shares in Manchester United PLC (NYSE:MANU) climbed in New York trading after the club confirmed the dismissal of manager Erik ten Hag. The decision followed United's 2-1 defeat by West Ham, leaving the team with just three wins in nine Premier League games and positioned 14th in the standings.
Tiger® Beer Becomes the Official Beer Partner of Manchester United
MANCHESTER, England--(BUSINESS WIRE)--Tiger® Beer becomes the Official Beer Partner of Manchester United, bringing together the iconic Asian Brewer and one of the most popular and successful sports teams in the world, to enhance experiences and deepen engagement with United fans globally. The partnership launches at an exciting moment in Tiger® Beer's bold brand evolution, heralding a new era for the company and its football-loving consumers. In its initial stage the focus will be on connecting.
Manchester United well positioned for growth, says Jefferies
Manchester United Ltd., which reported fourth-quarter results last week, is well positioned for growth, says analyst firm Jefferies.
Manchester United shares slide after soccer club posts lower revenue, wider loss in Q4
Manchester United Ltd. shares slid after the English soccer giant reported lower revenue and widening losses in its fourth-quarter results early Wednesday.
Why Manchester United Stock Is a Loser Today
Manchester United ended fiscal 2024 with a small revenue gain but massive losses on the bottom line. Management says it's "working toward greater financial sustainability.
