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Dr. Martens Gains as Bootmaker Hikes Prices for Signature Boots

Dr. Martens Gains as Bootmaker Hikes Prices for Signature Boots

Dr. Martens Plc shares jumped after the UK bootmaker nudged its forecasts for this year’s revenue growth higher as it charges more for its popular shoes and boots.

The shares surged as much as 22 percent on Wednesday in London, the most since the bootmaker’s first day of trading in January 2021. The company reported adjusted pretax profit rose 43 percent to £214.3 million ($270 million) in the year through March.

The UK bootmaker says it…


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