All Financial results articles – Page 199
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Kingfisher profits up 23%
DIY giant Kingfisher has reported full-year pre-tax profits up 23% to £670m and said it will ramp up expansion and continue to focus on value for shareholders through the priorities of management, capital and returns.
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Inditex EBITDA soars 25% in 2010
Fashion group Inditex’s EBITDA soared 25% in its 2010 financial year.
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JJB unveils £65m new business plan
JJB Sports has reported like-for-likes fell 13.5% from January 24 to March 13 as it issues its revised business plan and proposed financial arrangements.
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Flying Brands profits fall but sales nudge ahead
Multichannel retailer Flying Brands has reported a fall in group pre-tax profit but sales nudged ahead.
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Home Retail lowers forecasts after dip in sales at Argos
Home Retail Group has lowered its year end forecast after Argos reported a dip in sales and trading conditions were more volatile than it expected.
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Morrisons profits up and takes 10% stake in US online grocer
Morrisons has reported a rise in annual profits and taken a 10% stake in US online grocer FreshDirect to help it build its online food offer in the UK.
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Ocado sales surge in first quarter
Online grocer Ocado has posted a sales surge in its first quarter, when its average basket size fell as shopping frequency increased.
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HMV warns on profits
Entertainment group HMV has issued a profit warning after continued tough trading.
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Primark reports tougher trading
Value fashion giant Primark has reported a slowdown in demand, signalling how tough high street trading has become since the start of the year.
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Asda claims 'outperformance' as sales and profits rise
Grocery and general merchandise giant Asda has claimed a “return to market outperformance” after sales and profits rose.
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Cash Converters reports record profits as retail sales soar
Pawnbroker Cash Converters reported record group profits for the 6 months to December 31 as its retail sales soared in the UK.
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New Dunelm chief plans multichannel push as profits rise
Value homewares group Dunelm’s new chief executive, Nick Wharton, who formally takes up the role today, is confident of continued growth despite tough trading conditions and highlighted multichannel opportunities.
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Sports Direct retail sales up 13.8%
Sports Direct has reported retail sales up 13.8% to £371m in the 13 weeks to January 23.
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Kingfisher expects profit to be at top end of expectations, despite B&Q hit by snow
DIY group Kingfisher expects to report full year pre-tax profit at the top end of analyst expectations, despite B&Q being hit by the snowy weather in December.
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H&M like-for-likes edge up in January
Fashion giant H&M’s group like-for-like sales crept up 1% year-on-year in January.
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Thorntons to reshape store portfolio after profits fall
Thorntons, the chocolates specialist, is likely to reshape its store portfolio after difficult trading and warned that profits this year will be no higher than last.
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Albemarle & Bond retail sales plunge as gold prices soar
Albemarle & Bond retail like-for-likes fell 20% in the half year to December 31 as the high gold price hindered jewellery sales.
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SuperGroup third quarter sales rocket
Sales at fashion retailer SuperGroup, owner of the ultra-trendy Superdry brand, continued to climb steeply in the third quarter and continued growth is expected.
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French Connection pre-tax profits expected to soar
French Connection’s full year pre-tax profit is expected to soar as a result of a strong performance in wholesale, licensing and a good control of overheads.
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Grocers slow as discounters return to form
The grocery sector slowed last month in the four weeks to January 23, when the hard discounters returned to form in what was a tough consumer climate.