All Financial results articles – Page 197
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NewsAurum gears up to select preferred bidder in its £200m sale process
Jewellery group Aurum, which owns chains including Goldsmiths and Mappin & Webb, is expected to pick a preferred bidder for its 165-store business by mid-summer.
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NewsTopps Tiles profits and sales flat
Topps Tiles has reported adjusted pre-tax profit edged down from £7.8m to £7.2m in its interim report for the 26 weeks to April 2.
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NewsHome shopping giants join directive fight
Two of the UK’s multichannel heavyweights have spoken out in support of Retail Week’s Ditch the Directive campaign warning provisions within the proposed EU Consumer Rights Directive could be counterproductive.
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NewsAsda posts flat first-quarter
Grocery and general merchandise giant Asda has posted adjusted like-for-like growth of 0.8% in its first quarter.
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NewsSupergroup growth slows in fourth quarter with lack of summer stock in stores
Supergroup has reported its growth slowed in its fourth quarter as it opened fewer stores and did not get its summer stock quickly enough into shops for the warm weather.
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NewsClinton Cards like-for-likes slip
Clinton Cards has reported recent trading continued to be challenging resulting in group like-for-likes for the 40 weeks to May 8 down 3%, slightly lower than the 2.7% achieved in its first half.
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NewsDixons UK like-for-likes slide in second half
Dixons has reported UK & Ireland like-for-like sales were down 3% in the full year and down 7% in its second half but said its business is performing ahead of the market.
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NewsSainsbury's profits up 9%
Sainsbury’s has reported underlying pre-tax profit up 9% to £665m in its full year, saying it “outperformed the market in a challenging environment”.
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NewsComet like-for-like sales plummet 15.2%
Electricals retailer Comet suffered a 15.2% plunge in like-for-like sales in its final quarter, bringing the full-year fall to 7.7%.
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NewsN Brown full year profits rise 5.5%
N Brown’s full-year pre-tax profit rose by 5.5% and the home shopping retailer said it will open bricks and mortar stores for its Simply Be brand this year.
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NewsThorntons melts in the Easter heat
Thorntons’ poor third quarter resulted from the competitive environment and a structural shift from the high street as well as the warm Easter weather, City analysts said.
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AnalysisReasons to be cheerful
The bank holiday festivities are over and it is back to the grind of tough trading and ferocious competition. But it’s not all doom and gloom for the industry. Here we highlight why there is plenty of reason for optimism…
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NewsWolfson remains cautious despite strong performance from Next
Next chief executive Lord Wolfson remained cautious this week despite reporting better than expected sales, warning that any rises in commodity prices or interest rates could slow growth.
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Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.
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NewsHalfords model is ‘far from broken’ despite setbacks
Motor accessories specialist Halfords’ shares may now have now hit a floor and offer good value, according to Singer analyst Mark Photiades.
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NewsCalls for new Comet boss Darke to shake things up
Electricals retailer Comet’s new managing director Bob Darke needs to bring a completely fresh approach if he hopes to turn the business around, observers believe.
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NewsBlacks banking on new ranges to return to profit
Outdoor clothing and equipment group Blacks intends to boost sales through new product categories as it bids to restore profitability.
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NewsAlexon back in the black as turnaround plan bears fruit
Fashion group Alexon has returned to full-year profitability as a result of successful restructuring agreements on loss-making shop leases and more focus on cutting operating costs.
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NewsAbsorbing price rises will cost Primark £20m
Analysts forecast that Primark could take a hit of up to £20m on profit margins this year as it absorbs input price rises to continue to offer its cheap chic fashion.
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NewsOverseas helps Clarks profits to break £100m
Clarks’ group pre-tax profit has topped £100m for the first time in its 185 year history despite a “challenging” UK market.