https://www.theregister.co.uk/2018/05/29/dixons_to_slash_92_stores_amid_profit_warning/

Dixons Carphone is to close 92 of its 650 stores following a profit warning this morning which sent shares tumbling 20 per cent.

The firm expects pre-tax profits to be £382m in its 2017/18 results out next month, but already predicts profits to fall to £300m in 2018/19. In contrast, for 2016/17 it reported profits of £501m.