All Financial results articles – Page 210
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Brokers raise a glass to Majestic Wine
Wine specialist Majestic disclosed on Monday that full-year profits, scheduled to be reported next month, will be at the top end of City expectations.
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Mothercare sales pass £1bn but City profit expectations not met
Maternity specialist Mothercare generated full-year sales of more than £1bn for the first time last year but profits narrowly missed City expectations.
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Menswear sales improve at French Connection
French Connection saw like-for-like retail sales in the UK and Europe fall 1.9% for the 14 weeks ended May 14, but performance was ahead of plan and better than last year thanks to improved gross margin and cost controls.
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Asda Q1 like-for-likes fall 0.3%
Asda’s like-for-like sales excluding VAT and petrol have fallen 0.3% in its first quarter and the grocer expects conditions to remain tough.
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Wickes like-for-likes dip as consumers remain ‘wary’
Wickes owner Travis Perkins reported a 1.7% like-for-like decline in its retail business in the 17 weeks to May 1 as “wary consumers hold on to their money”.
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Alliance Boots profit tops £1bn
Health and beauty giant Alliance Boots has reported profit has topped £1bn for the full year to March 31.
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Strong growth at newly floated SuperGroup
Fashion specialist SuperGroup has confirmed that full-year profitability is on track to come in as it promised when it floated in March.
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Waitrose still UK’s fastest growing supermarket
Waitrose has reported like-for-like sales up 3.4% in the quarter to the end of April, maintaining its position as the fastest-growing supermarket in the UK.
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Inconclusive election was ‘almost as bad as Lehman Brothers’
Store groups’ sales collapse after inconclusive election spooks shoppers
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Clinton Cards like-for-likes dip
Clinton Cards has reported like-for-like sales excluding VAT were 1.7% lower in the 13 weeks to May 13 than the same period the previous year.
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Currys-owner DSGi unveils 6% like-for-like advance
Currys and PC World-owner Electricals group DSGi has posted a 6% rise in like-for-like sales in its second half and secured a new revolving credit facility.
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Sainsbury’s profits ahead of expectations
Sainsbury’s has reported underlying pre-tax profit ahead of expectations up 17.5% to £610m in its full year results.
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Sales leap at Liberty
Sales at upmarket department store Liberty rose 40% in the first four months of this year, owner MWB has reported.
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Waitrose like-for-likes up 3.4%
Waitrose has reported its like-for-like sales for the 13 weeks to the end of April are up 3.4%.
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SuperGroup full year sales soar 83%
SuperGroup, the young fashion business which owns brand Superdry and retail chain Cult, said that full-year group sales rose 83% to £139m in its first figures since it joined the stock market.
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Tight cost control lifts Netto UK’s outlook
Netto UK has reported a 53% lift in operating profit to £7.6m with tight cost controls helping it overcome tough trading conditions.
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Sales momentum slows at Morrisons
Supermarket group Morrisons has reported a slowdown in sales during its first quarter, but said it was still winning customers.
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The Original Factory Shop outlines expansion after reporting 35% sales increase
The Original Factory Shop is to step up expansion after recording a 35% increase in sales to £132m for the year to March 28.
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Blacks moves forward with fundraising after a difficult year
Blacks Leisure is pressing ahead with a £20m fundraising as sales start to improve for the outdoor retailer after a year of major restructuring across the business.
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Positive sales for PPR in first quarter
French retail group PPR reported a positive first quarter with sales up 1.3% on a like-for-like basis to €4.1bn (£3.56bn) in the first quarter of the year.