All Financial results articles – Page 211
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HMV Group Q4 like-for-likes slump 13.2%
HMV Group has reported difficult fourth quarter with like-for-likes slumping 13.2% but said its full year pre-tax profits will meet City expectations.
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Home Retail pre-tax profits slip 11%
Home Retail Group – owner of Argos and Homebase – has reported pre-tax profit down 11% to £293m and announced a share buy-back of £150m.
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Dunelm like-for-likes up 10%
Dunelm has reported like-for-like sales up 10% in the 42 weeks to April 24, boosted by a positive response to its new shop fit.
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Carphone Warehouse bullish ahead of Best Buy opening
Carphone Warehouse Group has reported like for like sales up 3% in its European business in its fourth quarter, as the group gears up to open its first Best Buy store in the UK this Friday.
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Findel profits to be below expectations
Home shopping group Findel has reported full year sales up 1% to £582m but said it pre-tax profits would be below expectations after a review of some of its accounting entries.
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Alexon reports full year loss but focused on turnaround
Alexon Group has reported a pre-tax loss before exceptional items of £900,000 in its full year results but said it has laid the foundations for to accelerate its turnaround plan.
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Sports Direct confident after strong year
Sports Direct said it was on track to achieve full year underlying EBITDA of at least £160m as sales in the 9 weeks to March 28 grew 2.9% to £214m.
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WHSmith cautious on prospects despite profits rise
Bookseller and stationer WHSmith has posted a 2% increase in first-half group pre-tax profits to £62m but cautious about prospects.
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Dobbies reports record sales at £104m
Tesco-owned garden centre retailer Dobbies recorded a 6.2% increase in like-for-like sales in the year to February.
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Burberry expects record profits as UK outperforms
Burberry said its full-year profits will be “at record levels” following a stronger than anticipated end to the year.
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Flying Brands’ garden division suffers from bad weather
Flying Brands’ garden division has been behind expectations due to bad weather with sales of bedding plants during spring.
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Tesco tops £3.4bn profits
Tesco has recorded a 10.1% increase in underlying pre-tax profit to £3.4bn in its full year results, in line with City estimates.
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Thorntons warns on profits after Easter disappoints
Chocolates specialist Thorntons has issued a profits warning after the crucial Easter trading period failed to live up to its hopes.
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Primark sales and profits soar
Primark grew sales 19% to £1.26bn and profits 18% to £144m in the 24 weeks to 27 February.
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Asos revenue up 35% as international sales surge
Online fashion retailer Asos achieved a 35% uplift in revenue to £223m in the year to March 31 with full-year pre-tax profits expected to be in line with forecasts.
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Debenhams interim profits rise as own-bought strategy pays off
Department store group Debenhams has posted higher than expected interim profits after strong performances from its own-bought ranges and market share gains.
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Poor weather prompts mixed Easter trading
Poor weather conditions dampened retailers’ sales during the early part of the crucial Easter trading weekend but there were also some welcome bright spots over the four-day break.
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Concerns over Topps Tiles forecasts spark downgrades
A worse than expected update from Topps Tiles led to widespread downgrades to profit forecasts as analysts voiced concern over dampened appetite for home and big-ticket purchases.
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Gap sales continue to grow
Gap sales have continued to improve both in the US and internationally with like-for-like sales in March ahead 11% across the group compared to an 8% fall for the same month last year.
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Strong start to the year for H&M
Swedish fashion group H&M has announced a strong first quarter with sales up 7% in the three months to February 28.