All Financial results articles – Page 208
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News
N Brown sales hit by fears in run-up to election and Budget
Home shopping group N Brown’s sales growth slowed in the 18 weeks to July 3 when customers were weighed down by uncertainty in the run-up to the election and subsequent emergency Budget.
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NewsM&S basket value up 2%, but Marc Bolland remains wary
Marks & Spencer has managed to lift its average general merchandise basket value 2% in the first quarter, but new boss Marc Bolland is cautious about prospects.
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NewsWickes revenue up 2.1% as it outperforms market
DIY retailer Wickes made market share gains in the 26 weeks to June 30.
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NewsSales and margins rise at JJB Sports
JJB Sports has reported a like-for-like sales rise and improved gross margin in recent weeks.
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NewsPrimark sales climb 17%
Value fashion giant Primark has reported 17% sales growth and “strong” operating margins during an “excellent” year to date.
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NewsMarks & Spencer like-for-likes leap in first quarter
Marks & Spencer has reported a 6% surge in general merchandise like-for-likes in the first quarter, when the retailer wooed clothing shoppers with “improved styling, stronger fashions and great value.”
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NewsN Brown sales hit by election uncertainty
The new government and uncertainty surrounding the measures in the emergency budget has led to a more subdued period of trading for home shopping group N Brown.
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NewsTravis Perkins said it is making market share gains
DIY giant Travis Perkins’ retail division has reported like-for-like sales have declined 0.4% in the 26 weeks to June 30 but total sales have increased 2.1%.
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NewsDebenhams posts like-for-like sales fall and acquires 115 Faith concessions
Department store group Debenhams has reported a like-for-like sales fall of 0.4% for the 42 weeks to June 19 and has agreed to buy bust footwear retailer Faith’s concessions.
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NewsFurniture Village bucks trend to more than double pre-tax profit
Furniture Village has more than doubled its profit before interest and tax from £2.4m to £5.4m in the year to March 2010 - but has warned that the outlook for the current year remains tough.
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NewsH&M profits soar 25% in the second quarter
Swedish fashion group H&M reported a 24% rise in profit for the second quarter of the year.
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NewsFeather & Black set for new phase of growth
Bed specialist Feather & Black has revealed a 40% uplift in like-for-like sales in the eight months to June 1 and has hired former Harrods Direct marketing director Alison Lancaster to the new role of marketing director.
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NewsBack to black for Space NK with customers ‘cautiously optimistic’
Beauty specialist Space NK has pulled itself out of the red with pre-tax profits in the year to April 30 of £270,000, against a pre-tax loss of £1.4m the previous year.
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NewsMajestic Wine’s broadened appeal drives sales up
Majestic Wine is confident it will continue to widen its appeal and forge growth despite the difficult climate, after it posted a 117% lift in pre-tax profits to £16m.
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NewsHalfords seeks more deals as profits soar 27%
Car parts and cycles retailer Halfords is revving up to acquire more businesses after full-year figures showed the business is motoring.
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NewsMulberry posts 23% rise in sales
Mulberry has posted a 23% rise in sales for the year to March 31 as the luxury clothing and accessories house continues to grow its business internationally.
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NewsGame appoints new CEO
Game has appointed Vodafone UK consumer director Ian Shepherd as its new chief executive.
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NewsSainsbury’s like-for-likes slow
Sainsbury’s has reported like-for-like sales in its first quarter up 1.1% excluding petrol in the 12 weeks to June 12.
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NewsAlexon sales fall 5% since year end
Alexon Group, owner of womenswear retailers and brands including Ann Harvey and Kaliko, posted a 5.4% drop in like-for-like sales for the 19 weeks to June 12, partly driven by the volcanic ash cloud and the election.
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NewsTesco’s UK performance hit by petrol prices and low food inflation
Tesco has reported UK like-for-like sales were up just 0.1% excluding petrol and VAT-adjusted in the 13 weeks to May 30, hit by rising petrol prices and low food inflation.