Why the Accent (ASX:AX1) share price will be on watch this morning

Accent Group Ltd (ASX: AX1) shares will be on watch this morning as the company provided a trading update after yesterday’s market close. At Thursday’s closing bell, the Accent share price finished the day 1.26% lower at $2.35. It will be interesting to see which way the shoe retailer’s shares move today after investors digest the company’s latest results.

How did Accent perform for H1 FY21?

The Accent share price will be in focus this morning following the company’s release of a strong performance update for the first half of FY21.

For the period ending 27 December, Accent reported favourable trading conditions particularly in the last two months.

The company revealed that total sales jumped 12.3% and like-for-like…