Newspaper article from our research archive:

Goals struggles to score as shares react to forecasts

GOALS Soccer Centres shares sank close to a two-year low yesterday despite a strong rise in pre-tax profits and a boost in the dividend.

The five-a-side football pitch operator said it looked forward with "confidence and enthusiasm" to the rest of the year, as it reported a 20 per cent rise in pre-tax profit to GBP 3.7 million on sales up 18 per cent to GBP 11.4m. Goals also upped its interim dividend by 25 per cent to 0.625p.

However, shares fell 7.5 per cent to 222p as analysts trimmed forecasts for the full year on fears of slowing bar sales.

East Kilbride-based Goals added four sites in the six months to 30 June, boosted by the acquisition of Pro5 earlier this year, and the company ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!