Home Retail sees profit at low end of expectations

<p>LONDON (MarketWatch) — Home Retail Group said Thursday that it expects benchmark pretax profit for the first half of the year to fall by between 20% and 25%. The general merchandise and home improvement retailer said that for the full year it is expecting benchmark pretax profit of 250 million pounds ($387 million) to 275 million pounds, which it said is “in line with the bottom half of the …

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Home Retail sees profit at low end of expectations

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