Manchester United Plc Class A Stock News

MANCHESTER, England--(BUSINESS WIRE)--Qualcomm Technologies, Inc. and Manchester United have triggered the extension of their principal shirt partnership which will now run until 2029. The extension follows record-breaking home, away and third shirt launches which feature the Snapdragon® brand on the front of a Manchester United shirt for the first time. Snapdragon is Qualcomm Technologies' con...

Manchester United Plc (NYSE:MANU) continues to offer “plenty of promise” after the football club posted “relatively clean” fiscal third quarter results earlier this month, according to Deutsche Bank Research analysts who have boosted their price target on the stock. On July 10, the club posted Q3 revenue of about $173.4 million, ahead of estimates of $162.9 million, while a loss per share of $0...

Manchester United Plc (NYSE:MANU) shares could be a big winner, reckon analysts at Jefferies, thanks to new management off the pitch. The US investment bank issued a 'buy' rating based on a share price target of $26.00 versus the stock currently priced at $15.94, suggesting potential upside of 63%.

Manchester United Plc (NYSE:MANU) said it expects revenues and profits to be towards the top end of its previous guidance after selling out season tickets in record time and enjoying record-breaking sales of the Adidas Stone Roses merchandise range. The football club reported results for the third quarter of its financial year, ending 31 March, showing a £66.2 million quarterly operating loss a...

Soccer club revises its full-year revenue guidance to a record annual level.

MANCHESTER, England--(BUSINESS WIRE)--Manchester United Plc (NYSE: MANU): Outlook For fiscal 2024, the Company is revising its previously provided revenue guidance to an expected record of approximately £660 million, in line with the previously provided range of £635 million to £665 million. Adjusted EBITDA for the full fiscal year is now expected to be approximately £140 million for fiscal 202...

Manchester United Plc (NYSE:MANU) has reportedly proposed to cut about 250 jobs as part of a club-wide redundancy program. A source close to the company told Reuters that the job cuts would come across all departments and levels of the club except for its charitable arm, Manchester United Foundation.

Manchester United is proposing to cut about 250 jobs as part of a club-wide redundancy programme, a source close to the company told Reuters.