Redcare Pharmacy Stock Jumps on Raised FY26 Outlook

By EC Assets · Published

Redcare Pharmacy stock experienced a significant increase today. The online pharmacy operator's shares surged 9.0%. This rise occurred as the company updated its full-year 2026 outlook. Redcare Pharmacy now projects fiscal 2026 group revenue growth of 15% to 17%. Previously, the company expected growth between 13% and 15%. Non-prescription growth is now anticipated to be 10% to 12%, an increase from the previous forecast of 8% to 10%. The company reported a 20% year-over-year increase in group revenue quarter-to-date. This growth also accelerated when compared with the first quarter of 2026. The improvement in outlook follows a strong second-quarter update. Jefferies raised its outlook on RedCare Pharmacy after these updates. Germany's broader equities market saw gains at the close on Monday. The DAX index was up 1.09%. Sectors such as Media, Software, and Insurance contributed to these gains. This article is intended for informational purposes only. It does not constitute investment advice.

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