All City & finance articles – Page 259
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News
Pets at Home confident on full-year profits as fourth-quarter sales rise
Pets at Home has reported a 3.2% rise in fourth-quarter like-for-likes and said it expects full-year profits to meet expectations.
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News
M&S overhauls womenswear teams to improve fashion performance
Marks & Spencer has restructured its womenswear teams as new chief executive Steve Rowe aims to revive the struggling clothing division, Retail Week can reveal.
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News
Wickes first-quarter sales rise as investment in range drives momentum
Wickes owner Travis Perkins has posted a jump in first-quarter retail sales as improvements in range drove “encouraging” trading momentum.
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News
N Brown full-year profits hit by investment despite strong second-half
N Brown’s full-year profits have been dented by investment in its change programme, but its strategy bore fruit during the second half.
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News
Primark profits dip but sales rise at half-year mark
Primark’s profits have dipped as the value fashion retailer reported a rise in sales, blaming the drop in profits on the dollar.
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News
BHS finance consultant to exit business after CVA deadline
BHS’s finance consultant and former Beales boss is to leave the business, one month after he helped the retailer navigate its CVA.
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Opinion
Opinion: WHSmith – there’s more to its success than adult colouring books
‘Extreme’ dot-to-dot puzzles and adult colouring books helped stationery retailer WHSmith post a 10% interim profits rise.
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News
Austin Reed bought out by Alteri Investors as it steps up turnaround
Austin Reed has been bought out by Alteri Investors less than a year after the firm provided a £6m loan to the struggling menswear retailer.
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Analysis
Analysis: Carrefour's French troubles offset by international gains
Carrefour has delivered a decent set of first-quarter numbers this morning, achieving a rise in group like-for-like sales of 3.1%.
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News
Poundland boss positive on ecommerce but admits sharp learning curve
Poundland boss Jim McCarthy has claimed its ecommerce site has a “good future”, but admitted there is still work to do to make it the “finished article”.
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News
JD Sports profits and like-for-likes surge: what the analysts say
JD Sports posted a strong increase in its full-year earnings and sales driven by its sports fashion business. Here’s the City’s reaction.
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News
Burberry warns next year's profits will be at bottom of City expectations
Burberry like-for-likes fell owing to plummeting sales in Hong Kong, which the retailer attributed to an ongoing decline in domestic tourism.
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News
Mothercare UK sales advance but overseas revenues slump in tough conditions
Mothercare has reported a sales improvement at its core UK business but overseas trading has been challenging.
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News
JD Sports celebrates jump in profits as it targets further growth
JD Sports has posted a healthy rise in full-year earnings and is confident of continued momentum helped by growth in Europe.
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News
Debenhams posts profits rise as chief executive Sharp prepares to bow out
Department store group Debenhams has posted a rise in first-half earnings as strategic initiatives bore fruit.
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Analysis
Analysis: Eight things we learnt from Tesco’s full-year results
Tesco swung into profit and moved back into sales growth as it continued its turnaround. Here are eight things we learnt from its results.
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News
Halfords fourth-quarter sales rise: What the analysts say
Halfords earlier today posted a 2.6% rise in fourth-quarter like-for-likes as bike sales increased for a second consecutive quarter.
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Opinion
Opinion: Tesco has calmer seas ahead, but still faces headwinds
Tesco’s full-year results represented a sea of calm compared with the turbulent and chaotic waters that investors encountered a year ago.
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Analysis
WHSmith half-year profits up 11%: What the analysts say
WHSmith has posted an 11% jump in half-year profits with a strong performance from its travel division. Here’s the City’s reaction.
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Analysis
Tesco back in the black: What the analysts say
Tesco revealed this morning it has bounced back into the black in its full year. Here’s the City’s reaction.