All Financial results articles – Page 219
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Laura Ashley like-for-likes rise 4.9%
Homewares and womenswear retailer Laura Ashley expects full year trading to be broadly in line with company expectations after like-for-like sales rose 4.9% over the first 19 weeks of the second half to 12 December.
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Kesa records better-than-expected first half
Electricals retailer Kesa’s has revealed a better-than-expected first half, with adjusted group pre-tax profit jumping 37% to £14.9m in the six months to October 31.
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Carpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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Spar Q2 like-for-likes climb 4.8%
Convenience store group Spar has reported like-for-like sales up 4.8% in the three months to October 31.
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Sales improve for Moss Bros
Formal menswear retailer Moss Bros has said that sales improved in the 18 weeks to December 5, with like-for-like sales up 5.5% for the period.
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Inditex profits ahead of expectations
Profits at Inditex fell 1% in the nine months to October 31 to €831m after a raft of new openings, largely beating forecasts.
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Profits down at Sports Direct despite strong UK retail sales
Pre-tax profits at Sports Direct have been hit by unfavourable exchange rates, falling 40.8% to £57.8m in the 26 weeks to October 25.
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Park Group sales up in ‘encouraging’ market
Christmas hamper and corporate gift voucher specialist Park Group has posted interim figures for the six months to 30 September 2009 up 6% on the same period last year and reported orders for Christmas 2010 “well ahead of last year at this stage”.
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Game like-for-likes drop 15.1%
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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Tesco reports solid Q3 UK growth, but lower than some City estimates
Tesco has reported a steady sales growth in the UK in its third quarter, but lower than some analysts had expected.
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B&Q strong sales helps Kingfisher beat forecasts
DIY giant B&Q has reported like for like sales up 5.7%, helping parent company Kingfisher to beat City forecasts with a 28% increase in group profits.
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Findel reports first half loss
Home shopping group Findel has reported a loss for its first half but the retailer said it is confident its cost savings should help it to generate profit.
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DSGi sees signs of improvement as results beat forecasts
Electricals market leader DSGi, owner of the Currys and PC World chains, reported that sales trends have improved and posted a lower than expected interim loss.
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Alexon like-for-likes slump 14%
Fashion group Alexon has reported a 14% slump in like-for-like sales for the 16 weeks to November 21 after its planned lower level of summer Sale activity affected footfall and sales.
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Cash Converters profits up after strong trading
Australian-owned pawnbroker and financial services group Cash Converters has upgraded its profit targets after a strong start to its financial year.
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French Connection sales helped by currency gains
French Connection has benefitted from more favourable exchange rates in the three months to October 30 with overall group turnover up 8%.
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Signet UK arm to be hit by the weakness of sterling
Total sales for the UK arm of jewellery giant Signet fell 4.75% on a reported basis to $154.4m (£93.1m) for the 13 weeks to September 31.
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Topps Tiles proposes share placing as profits fall
Topps Tiles has announced a proposed share placing as it reported adjusted full-year pre-tax profits of £16.3m, down from £29.5m the year before.
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Lehman Brothers collapse takes toll on Reiss
Fashion retailer Reiss has reported “creditable” earnings last year, when it suffered like other retailers in the aftermath of Lehman Brothers’ demise.
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Mothercare reshapes portfolio as profits rise
Maternity specialist Mothercare has disclosed strong interim results and unveiled plans to take advantage of property market conditions to reshape key parts of its estate.