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Market
Frasers Group's financial performance in Q3 2024
4
Resolution / Starting Odds
Better than expected • 33%
As expected • 34%
Worse than expected • 33%
Quarterly financial reports from Frasers Group
Story
Mike Ashley's Frasers Settles with Morgan Stanley Over $1 Billion Margin Call
May 3, 2024, 12:20 PM
British retail tycoon Mike Ashley's Frasers Group has settled a lawsuit with Morgan Stanley over a nearly $1 billion margin call. The lawsuit, which was filed in London, accused Morgan Stanley of making a $995 million margin call driven by 'snobbery' against Ashley. Both parties have reached a settlement, though the terms were not disclosed.
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Profit exceeds expectations • 33%
Profit meets expectations • 33%
Profit falls short of expectations • 34%
Net profit • 25%
Net loss • 25%
Revenue growth • 25%
Revenue decline • 25%
Less than 5% • 25%
5% - 10% • 25%
10% - 15% • 25%
More than 15% • 25%
Decrease • 33%
Remain the same • 34%
Increase • 33%
Above Expectations • 33%
Below Expectations • 33%
Meets Expectations • 33%
Improved • 33%
Worsened • 33%
Stable • 34%
Below $15 billion • 25%
$15 billion - $17 billion • 25%
$17 billion - $19 billion • 25%
Above $19 billion • 25%
Revenue growth exceeds expectations • 33%
Revenue growth meets expectations • 34%
Revenue growth falls short of expectations • 33%
Below estimates • 33%
Meets estimates • 34%
Above estimates • 33%