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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Dr Martens blames ‘unseasonably warm weather’ amid latest profit warning

Dr Martens boots are pictured in the Dr Martens factory in Wellingborough, Northamptonshire, in central England.
Dr Martens said profit margins would be lower due largely to supply bottlenecks in the US. Photograph: Ben Stansall/AFP/Getty Images

Dr Martens has warned that “unseasonably warm weather” and problems at a US warehouse hit sales in the run-up to Christmas forcing the company to issue its second profit warning in two months.

The British bootmaker said it now expected to make underlying full-year profits of no more than £260m, £26m less than previously expected as it had been forced to open temporary warehouses in the US after becoming overwhelmed with stock, partly because deliveries had arrived more quickly than expected.

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