shares of dr martens plc fell as much as 28 on thursday after the bootmaker warned on its performance citing slower than expected directtoconsumer growth in america as well as operational issues at its new los angeles distribution centre shares at 1011 gmt were down 5250 pence or 25 at 15670 pence having fallen to a low of 1500 pence earlier in the session well below its ipo price of 370 pence two years ago the british footwear and clothing brand said that revenue for the third quarter ended dec 31 grew 9 or 3 on a constantcurrency basis to 3359 million pounds 4148 million making gbp7545 million for the nine months as a whole dr martens said it now expects to report revenue growth of 1113 for the fiscal year on an actualcurrency basis and 46 at constantcurrency earnings before interest taxes depreciation and amortization is expected to be between gbp250 million and gbp260 million revenue for the year ended march 31 was gbp9083 million and ebitda was gbp2630 million dr martens said fiscal 2024 revenue growth is also expected to be hurt by the la distribution center issues as well as the more uncertain economic environment the company said it plans to reduce volumes of pureplay wholesale ecommerce accounts in fiscal 2024 which will affect revenue growth which it expects to be in mid to high single digits on a constantcurrency basis