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Dr. Martens plc (DOCMF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD
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1.0880-0.0060 (-0.55%)
At close: 03:41PM EDT
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Trade prices are not sourced from all markets
Previous Close1.0940
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.0880 - 1.1300
52 Week Range0.7670 - 2.0400
Avg. Volume17,003
Market Cap1.049B
Beta (5Y Monthly)0.01
PE Ratio (TTM)8.37
EPS (TTM)0.1300
Earnings DateMay 30, 2024
Forward Dividend & Yield0.08 (6.93%)
Ex-Dividend DateJan 04, 2024
1y Target EstN/A
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  • Reuters

    Marathon Partners urges Dr Martens to buy back stock, detail expense cuts

    BOSTON (Reuters) -Investment firm Marathon Partners Equity Management is turning up the heat on Dr Martens by urging the British boot maker to detail planned expense cuts and to buy back stock, people familiar with the matter told Reuters. The increased pressure comes roughly two months after Marathon Partners' managing member Mario Cibelli suggested Dr Martens launch a strategic review that could lead to its sale, arguing it was the best way forward for the company, whose chunky lace-up boots have been a fashion statement since the 1960s. Cibelli has told executives it would be sensible for Dr Martens to lay out specific plans when it announces earnings on May 30, which are expected to be in line with previously issued guidance, the sources said.