British bootmaker Dr. Martens Plc issued a profit warning on Thursday, citing significant operational issues at its new distribution centre in the United States that sent its shares plunging by more than a fifth.
Those issues could reduce annual core profit by £16-25 million ($20 million-$30 million) and have knock-on effects in the year after, it said in a statement.
It now expects EBITDA (earnings before interest, taxes, depreciation and…