All Financial results articles – Page 19
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Jollyes posts record Q1 ‘almost exclusively’ from transaction growth
Jollyes has reported record sales growth in its first quarter results, which it said was “almost exclusively” from growth in volumes, not price inflation.
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Halfords autocentres drive growth but cycling curbs retail
Halfords’ autocentres have driven growth, but a drizzly summer and low consumer confidence limited its retail sales.
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Oh Polly hails ‘exceptional’ performance as sales boom
Fashion etailer Oh Polly has credited its “exceptional” full-year financial performance to strong revenues and profits following its international expansion progress.
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Footasylum sales rise despite fall in profits
Footasylum has posted an increase in sales, which it credited to strong store performance despite a fall in profits for the full financial year.
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Exclusive: Superdry cannot afford to get product wrong, warns CFO
Superdry chief financial officer Shaun Wills has said the retailer cannot afford to get its product wrong as it enters the autumn/winter season, after it posted an annual loss of £148.1m.
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Lululemon sales jump as revenue ‘exceeds expectations’
Lululemon has recorded strong sales and revenue growth that “exceeded expectations” as it continues to enhance its business model and product offering.
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Revolution Beauty sales increase despite ‘well-publicised upheaval’
Revolution Beauty posted an increase in sales driven by the “relevance, affordability and strength of the Revolution Brand” despite “well-publicised upheaval” for the business.
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Urban Outfitters owner posts surge in sales
Fashion and lifestyle retailer URBN, which owns brands including Urban Outfitters, Anthropologie and Free People, has posted a surge in sales during its second quarter as well as the first half of the financial year.
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London Designer Outlet posts record sales
London Designer Outlet at Wembley Park achieved a “record” month of trading in July, putting the month’s figures “on par” with the Christmas period at the destination.
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Asda credits focus on value for sales jump
Supermarket chain Asda has reported a 9.6% increase in like-for-like sales, which it credited to its “continued focus on value”.
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The Body Shop reviewing ‘every aspect’ of its business as profits hit
Cosmetics giant Natura & Co posted strong profitability driven by gross margins but said The Body Shop is ”fundamentally reassessing every aspect of its business” as profits fell.
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B&M and Poundland in running to save Wilko
Value retailers including B&M and Poundland are eyeing possible bids for struggling retailer Wilko after it fell into administration.
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Marks & Spencer upgrades profits as sales grow
M&S has upgraded its profit outlook after growing market share in its clothing and home and food businesses.
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Wilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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Next increases full-year profit guidance as sales jump
Next has increased its full-year guidance for group profit before tax by £10m, following a “much better than expected” period of full-price sales.
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Greggs maintains profit guidance as sales rise
Greggs has reported an increase in sales and profits following “strong trading momentum” in its first half of the financial year and has maintained its full-year guidance.
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LVMH revenue rises as brands continue to thrive
Luxury goods conglomerate LVMH posted an “excellent first half” as it saw strong revenue growth across its fashion and beauty divisions.
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Wickes rolls out share buyback programme
Wickes has launched a £25m share buyback programme to return “surplus cash” to shareholders after improved second-quarter trading.
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Adidas banks £439m as demand for Yeezys soars
Global sportswear giant Adidas received orders worth more than €508m (£439m) for 4 million pairs of Yeezy shoes as it decided to sell the remaining stock of the highly popular line to prevent further losses.
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Matalan remains confident on outlook despite fall in revenue
Matalan has posted a drop in revenue following a “challenging” first quarter, despite remaining “confident” in its full-year profit outlook.