All Financial results articles – Page 21
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News
Seasalt hails ‘outstanding’ full year as sales and profits boom
Cornish fashion brand Seasalt has posted a hike in sales and profits for the full year to January 29, 2022, which it credited to the success of its in-store and online performance as well as its “successful third-party relationships”.
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Zara owner Inditex profits and sales continue to thrive
Spanish fashion giant Inditex posted an increase in profits and sales in its first quarter, which it credits to a positive performance across “all geographical locations” and its spring/summer collections resonating with shoppers.
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Pepco sales rise as growth strategy progresses
Pepco has reported an increase in sales and revenue as trading remained strong due to its “strong progress against strategic objectives”.
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N Brown profit and revenue decline driven by ‘challenging online market conditions’
N Brown has posted a fall in revenue, which it says reflected “challenging online market conditions” as inflation took its toll on customers and costs.
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Dr Martens sales top £1bn but profits drop
Dr Martens sales have reached £1bn for the first time, but profits tumbled and “operational mistakes” in the US impacted its performance.
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Cotton Traders hails ‘most successful financial year to date’
Cotton Traders has reported its “most successful financial year to date” for 2022, as turnover reached a record high for the British heritage fashion retailer.
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WHSmith improves profit expectations as momentum continues across travel
WHSmith has further improved its expectations for the full financial year as travel continues to perform well ahead of peak trading season.
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B&M delivers mixed results as profits decline and revenues rise
B&M has reported a dip in profit as well as growth in revenue and its chief executive says it has battled with “major economic headwinds” and “material cost pressures”.
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Warm bank holiday weather boosts sales at Homebase
Homebase says warm weather over the bank holiday weekend has resulted in its biggest sales week since Easter last year.
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News
Revolution Beauty investigation reveals ‘unacceptable’ business practices
Revolution Beauty’s audit has revealed several “unacceptable” business practices that it has vowed to never repeat.
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News
Pets at Home unveils ‘world’s best pet care platform’ strategy after strong results
Following a strong set of full-year results, Pets at Home has unveiled its medium-term vision to become a “unified pet care platform”.
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Analysis
Machin at M&S one year in: ‘We are always positively dissatisfied’
“All new leadership teams need to arrive like a thunderclap whether they’re coming from inside or outside the business to create that new sense of direction, electricity, appetite for change,” said Marks & Spencer chair Archie Norman as the retailer unveiled full year results.
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Abercrombie & Fitch raises profit guidance as it delivers strong sales
Abercrombie & Fitch has increased its profit guidance after achieving ‘decade-high’ first-quarter sales.
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Kingfisher sales dampened by wet weather
Kingfisher has reported flat sales as wet weather dampened demand for seasonal products like barbecues and garden furniture.
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M&S sales increase as growth strategy progresses
Marks & Spencer has recorded an increase in sales, which the group said was driven by its “strategy to reshape M&S for growth”.
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Farfetch boss ‘extremely confident’ as it returns to sales growth
Luxury fashion platform Farfetch has attributed an increase in revenue in its first quarter to the continued success of its digital platform and the “strength and resilience” of its core business.
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The Works sales increase despite ‘challenging backdrop’
The Works has reported a lift in annual sales despite trading against “a challenging backdrop”.
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Burberry delivers ‘strong financial performance’ as revenue and sales rise
Luxury fashion brand Burberry has reported a “strong financial performance” that saw a rise in full-year revenue and sales.
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News
TK Maxx owner TJX raises profit outlook after sales rise
TJX, the US-based value retailer and parent company of TK Maxx, has raised its profit outlook as it reports a lift in sales.
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News
Shoe Zone sales grow as shoppers tighten belts
Shoe Zone has posted a strong trading performance as shoppers look for value during the cost-of-living crisis.