There was no lingering Holiday cheer in the markets as the U.K.-based retailer announced preliminary H2 and full-year results, sending its shares down over 20% after profit before tax and adjustments was pegged 11% short of guidance at the midpoint. The looming March release is expected to ink the bottom line between £915 million and £935 million ($1.16 to $1.19 billion), falling short of analysts’ consensus expectation of £1.04 billion ($1.32 billion). The results sent shares down to 117.85 pence by Thursday ... Log in to view full article.