Growth companies will always run into problems, and some may not recover their momentum. For others it is a short-term blip. Musical instruments retailer Gear4Music (LON: G4M) has disappointed the market in the past year. Management is sorting out the online retailer’s problems and diversification into new markets will enable additional long-term growth.
Gear4Music has a strong market position in the UK and Europe and it has successfully built up its market share.
A particularly strong performance for sales during the year to March 2021 has exacerbated the slump in profit in 2021-22. Pr...
