All Financial results articles – Page 22
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NewsGreggs store expansion drives sales boost
Greggs has posted solid like-for-like sales growth driven by ‘strong strategic progress’ and its store expansion programme.
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NewsBoohoo sales fall and profits halve
Boohoo has posted a drop in revenue in its year-end results, but said it was making progress on a return to growth in the second half of next year.
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NewsCurrys profits to beat expectations as UK performs strongly
Electricals giant Currys reported that earnings will come in ahead of guidance as the core UK and Ireland business traded ahead of expectations.
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NewsLondon Designer Outlet posts record sales
London Designer Outlet (LDO) has posted its best first-quarter results on record, with sales up 17% year on year.
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AnalysisHow Asos is trying to arrest slumping sales and return to profitability
Following the report of further losses for Asos, Retail Week explores how the online fashion retailer has delivered on its previously pledged strategic targets to get back to an upward trajectory
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NewsMoss Bros profits surge as shoppers ‘dress up again’
Menswear retailer Moss Bros has reported “another year of strong profit” as the demand for occasionwear booms and shoppers “dress up again”.
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NewsAdidas sales flatline as Yeezy fallout deepens
Adidas posted flat sales in the first quarter of 2023, as the global sportswear giant admitted the loss of the Yeezy brand is “of course hurting us”.
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NewsJoe Browns posts ‘strongest year to date’ as sales and profits boom
Fashion retailer Joe Browns has reported its “strongest year to date” as sales and profits rise despite facing “well documented” economic challenges.
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NewsWickes’ sales knocked by poor weather
Wickes has reported a slip in lIke-for-like sales as bad weather affected demand for seasonal lines.
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NewsCard Factory profits leap as shoppers return to stores
Card Factory has reported a surge in full-year profits as customers returned to stores and it had a strong Christmas.
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NewsCrocs raises outlook as revenues soar
Footwear retailer Crocs has raised its full-year outlook and credited a hike in revenues to the “strength” of its brands including Hey Dude, which it acquired last year.
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NewsAmazon beats expectations with latest results
Amazon did better than expected in its first quarter when sales and income climbed despite flat ecommerce sales.
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AnalysisTu good to be true: How the clothing brand is faring with Sainsbury’s food-first focus
As Sainsbury’s pledges the importance of value for shoppers amid the cost-of-living crisis, Retail Week explores where the Tu Clothing offer sits within its food-first focus
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NewsPrimark sales surge as footfall climbs and margin is ‘better than expected’
Value fashion giant Primark has reported a surge in sales that it credits to “very good footfall and margin better than expected”, parent company ABF has reported.
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NewsGymshark profits decline for first time as operational costs rise
Gymshark posted a fall in profits for the first time despite an increase in revenue for the year ending in July 2022, as the group struggled with increasing operational costs.
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DataRanking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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NewsMulberry credits ‘improvement’ in revenue to UK and China performance
Mulberry has reported full-year trading “in line with expectations” with group revenue “slightly ahead of last year”, according to the fashion retailer.
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NewsProCook revenues drop as it battles tough trading conditions
ProCook has reported falling fourth-quarter revenues as it dealt with “challenging and unpredictable” trading conditions.
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NewsBensons for Beds kicks off new store opening drive
Bensons for Beds is to open 40 new stores over the next two years, following strong sales in the quarter to the end of March.
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InterviewMarks Electrical boss Mark Smithson on keeping its edge in a difficult market
The electricals sector has faced tough challenges amid the cost-of-living crisis, high inflation and a poor macroeconomic environment since Covid-19 but for Marks Electrical, the past few years have meant revenue growth and soaring sales.