All Financial results articles – Page 14
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Pepco Group's strategic priorities deliver record revenues
Pepco Group half-year results show that it is delivering on the strategic priorities it set out last year.
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Temu group records massive surge in revenues and profit
Temu’s owner PDD Holdings has posted soaring profits and revenue for the first quarter ending March 31.
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TK Maxx owner TJX raises profit guidance as sales rise
TJX, parent company of TK Maxx, has raised its profit outlook following a boost in sales.
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Very Group records further losses amid lingering ‘market pressures’
The Very Group has posted further losses although the group said it delivered a “resilient performance despite market pressures”.
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Marks & Spencer reshaping strategy pays off
Marks & Spencer has posted a rise in sales and profits across food and clothing & home as its ‘reshaping for growth’ strategy paves the way for “the beginnings of a new M&S”.
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Shoe Zone lowers guidance as profits flatten
Footwear retailer Shoe Zone has lowered its full-year profit guidance. Revenues may have edged up but profits remained flat during the first half.
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Kingfisher records positive sales in UK while sales in France fall
Kingfisher has kept its full-year guidance, recording positive sales in the UK offset by a sales decline in France.
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Topps Tiles unveils ‘Mission 365’ growth strategy amid sales drop
Topps Tiles has introduced a new growth strategy over the medium term as it posts a fall in profit and sales.
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The Works anticipates return to growth as it reports flat sales and revenue
The Works has said it expects to see a “return to profit growth” in the next financial year as it records flat revenue and sales.
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Asda sales jump as owner Mohsin Issa hails ‘good progress’
Asda has announced an increase in total ex-fuel and like-for-like sales as owner Mohsin Issa said the supermarket made “good progress” in the quarter.
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Walmart ups guidance as sales rise in first quarter
US retail giant Walmart has posted a sales increase for the first quarter and upped its guidance as it continues to win over upper-income consumers.
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Watches of Switzerland sales hit by ‘minimal return’ of tourist shopping
Watches of Switzerland has reported flat sales for the full year of 2024 driven by a challenging trading environment and the “minimal return of tourist spending” in the UK.
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Alibaba revenue growth despite decline in profits
Alibaba has posted growth in revenue in its full-year and quarterly results, despite profits plunging.
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Miniso posts growth driven by global store expansion
Chinese general merchandise retailer Miniso has posted growth in revenue and profit as it continues to roll out stores at home and abroad.
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Natura &Co losses widen as it explores ‘potential separation’ of Avon
Brazilian cosmetics giant and former owner of The Body Shop Natura &Co has posted widening losses as Avon International sales continued to fall in the first quarter of the year.
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Burberry underperforms and warns of headwinds in luxury slowdown
Burberry has underperformed financially as it struggled with tepid demand for luxury clothing and accessories, and warns of more pressure to come.
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Angling Direct posts ‘record’ UK performance
Specialist retailer Angling Direct has reported a rise in sales and market share as it achieved “record UK revenues” in the full year ending January 31, 2024.
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Greggs posts like-for-like sales rise as it ‘builds capacity for further growth’
Greggs has made a strong start to the new financial year and is investing to power future growth.
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Currys to beat profit guidance after ‘strong finish to year’
Electricals specialist Currys expects annual profits to come in ahead of expectations after returning to like-for-like growth at group level.
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Boohoo ‘well positioned’ for growth despite deepening losses
Fashion retailer Boohoo has said it is “well positioned to return to growth” despite widening losses and a drop in revenue and profit.