All Financial results articles – Page 2
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News
Greggs exceeds £2bn sales for the first time
Greggs has reached a record £2bn in sales for the first time and the brand is “in better shape than ever” as it opens its 2,600th shop.
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News
Oak Furniture Land CEO: ‘We should be able to take better market share’
The boss of Oak Furniture Land said its focus is now to be more dominant new categories and “take better market share”, following a period of consistent like-for-like growth.
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News
TK Maxx owner TJX ‘exceeds guidance’ with improvement to store sales
TK Maxx’s parent company TJX has reported that the group has “exceeded guidance” as store sales perform better than expected.
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Analysis
Ocado moves out of R&D phase, hoping for positive cash flow next year
The multifaceted technology and retail business is in for a year of big changes. It is hoping that its big spend on tech will start to bring dividends
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News
Ocado losses narrow as it ‘significantly’ improves revenue
Ocado Group has delivered narrowing losses and “significantly” improved revenues and cash flows.
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News
Issa brothers' EG Group posts ‘strong trading’ and profit growth
EG Group has reported “strong trading” in which it saw profits rise driven by growth in the US and Europe.
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News
Landlord Hammerson hails ‘transformative’ year as new stores drive sales
Hammerson, which owns shopping centres including Brent Cross, Bullring & Grand Central and The Oracle among others, has said it is a “repositioned business” going into 2025 following a “transformative and successful” year.
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News
Victorian Plumbing sees rise in revenue after growth initiatives
The increase, for the first 21 weeks of FY25, comes after the opening of a semi-automated distribution centre in December 2024.
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News
Shein’s profits have plummeted ahead of London listing
Fast-fashion giant Shein’s profits plummeted by more than a third last year, according to reports, ahead of its highly-anticipated London listing.
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News
Walmart sales and income climb as media business grows
Top retailer Walmart has posted a rise in sales and earnings, bolsted by its fast-growing advertising business.
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News
The Very Group has delivered an ‘improved performance’ as profit grows
The Very Group has recorded an “improved performance” as it saw profits rise but its revenue slipped.
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News
Club L London’s sales have surged as it targets global expansion
Fashion retailer Club L London has seen its turnover rocket in its most recent financial year as it targets international expansion in 2025.
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News
The Perfume Shop has recorded strong Valentine’s sales
The Perfume Shop has reported higher sales in the lead-up to Valentine’s Day as consumers flocked to the stores to buy gifts.
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News
Dunelm sales climb as chief executive steps down
Dunelm’s chief executive Nick Wilkinson has announced his intention to step down from the business he guided through Covid, after it recorded another sales rise in the first half and moved towards the opening of its 200th store.
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News
Estée Lauder has reported a drop in sales as it widens job cuts
Estée Lauder Companies has reported a decline in second quarter sales as it announces more job cuts.
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News
John Lewis and Waitrose ‘missed sales targets’ in the run-up to Christmas
John Lewis Partnership is reported to have recorded lower sales and profits than expected in the lead-up to Christmas.
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News
Savers is planning to open 30 new stores across the UK in 2025
Value health and beauty chain Savers is planning to open 30 new stores in the UK this year, with a particular focus on the southeast of England.
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News
Morrisons hails ‘broad based progress’ as profits and revenues jump
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
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News
Castore scores big over Christmas with ‘strongest ever sales performance’
Sportswear brand Castore has enjoyed a “record Christmas” hailing its “strongest ever trading performance” over the period.
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News
WHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.