Agenda: Dixons Carphone, Joules and WHSmith Christmas updates

Dixons Carphone

The electronics retailer will release its Christmas trading statement on Tuesday. Dixons Carphone reported flat like-for-like sales in the period to July 28, 2018. Chief executive Alex Baldock said: “First-quarter performance was in line with expectations. We’ve maintained or grown our leading market positions.”

Burberry

The high-end fashion retailer will release its Christmas statement on Wednesday. The business posted a 5% profit gain to £410m during the year to March 31, 2018. Burberry reported savings of £44m during the year, ahead of its plan, bringing total savings to £64m. It said it is on track to achieve cumulative cost savings of £100m by the end of 2018/19.

Joules

The clothing retailer will release its interim results on Wednesday. Joules’ have already said sales soared 17.6% to £113.1m in its first half and raised profit expectations. Online sales accounted for nearly 50% of all sales.

Pets at Home

The pet specialist will release its festive season statement on Wednesday. Pets at Home’s pre-tax profit fell 80.5% to £8m during the 28 weeks to October 11, 2018, driven by a £29m charge it booked to “recalibrate” its vets business. Its retail sector saw total revenues grow 6% to £443.7m as like for likes advanced 4.7%

WHSmith

The stationery retailer will release its Christmas statement ahead of its AGM on Wednesday. WHSmith closed six stores after high street like-for-like sales were down 3% in the year to August 2018. Its travel arm sales were up 3% on a like-for-like basis. The business continued to expand its travel division, opening 20 new UK units and 58 international units.