Retail Week looks ahead to the next seven days, with updates from Tesco, Asos, WHSmith, Quiz, Dunelm and Card Factory on the agenda.
Card Factory
The stationery specialist will report its preliminary results on Tuesday, April 10.
Card Factory, which has previously beaten the market thanks to its value proposition, issued a profit warning at Christmas, saying that continued headwinds and margin pressures would impact its full-year profits despite year-to-date sales being up 5.9% and like-for-likes rising 2.7%.
Asos
The etailer will post its interim results on Wednesday, April 11. Asos’ sales skyrocketed 30% in the first four months of its financial year, bolstered by growing momentum across all divisions. Investors can be sure that this strong run will continue.
Tesco
The UK’s biggest retailer will report its preliminary results on Wednesday.
Tesco is at a crucial juncture with its turnaround gathering pace, its merger with Booker given the go-ahead by the Competition and Markets Authority and its UK chief executive Matt Davies departing to leave room for Booker boss Charles Wilson to take his place.
The market will be looking to see just how much progress has been made over a crucial year.
Dunelm
The homewares retailer will post its third-quarter results on Thursday, April 12.
Dunelm, which named Nick Wilkinson as its new chief executive at the end of last year, saw profits take a tumble in its first half, despite climbing like-for-likes and online sales.
WHSmith
Britain’s oldest high street chain will report its interim results on Thursday. WHSmith posted a surge in pre-tax profits bolstered by its travel division at its year-end, when total sales surpassed its high street division for the first time.
Quiz
The Glaswegian fashion retailer will post its full-year figures on Thursday. Quiz, which floated last year, saw rocketing online sales bolster its first golden quarter as a listed company. Its final results should help in its bid to become a “global fast-fashion brand”.
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