All Financial results articles – Page 3
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NewsIkea’s sales have taken a hit following its move to lower prices
Ikea’s move to draw shoppers in with lower prices has taken a toll on its revenues.
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NewsRevolution Beauty sales and profits have dipped amid ‘transformational year’
Cosmetics retailer Revolution Beauty’s sales and profits have dipped during the first half as it works towards a “return to growth” and ramps up global expansion.
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NewsShein’s UK profits have doubled as sales hit £1.5bn
Fast-fashion giant Shein’s UK profits have doubled year on year and sales have surpassed £1.5bn, exceeding the revenue of rival Boohoo.
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NewsWeird Fish has reported rising profits despite a dip in sales
British fashion retailer Weird Fish has reported rising profits for the full year despite a dip in sales as it unveils further UK expansion plans.
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AnalysisTesco boss on why he’s optimistic for Christmas and bringing F&F back online
Despite low consumer confidence and a pallor of gloom around the government’s coming Budget, Tesco boss Ken Murphy is still confident about Christmas
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NewsJD Sports boss says Nike’s troubles aren’t a cause for concern
As JD Sports posted an increase in sales and profit for the six months to August, one of its largest brand partners, Nike reported its biggest drop in sales since the pandemic. But chief executive Régis Schultz said Nike’s troubles have little to do with its performance as he maintains a positive outlook ahead of the golden quarter.
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NewsJD Sports profits and sales have jumped as acquisitions power international growth
JD Sports boss Régis Schultz has hailed the brand’s international acquisitions and ability to “outperform the market” as it delivered record interim results.
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NewsTapi has turned a profit for the first time outside of the pandemic
Tapi has turned a profit for first time outside of the Covid-19 pandemic, despite shoppers’ subdued appetite for big-ticket home improvements.
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NewsThe Works is ‘well positioned’ for Christmas despite flat sales and falling profits
The Works has said it is “well positioned” for the peak Christmas trading period despite reporting flat sales and declining profits in a “challenging” year.
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NewsGreggs sales are on a roll as it holds firm on guidance
Food-on-the-go retailer Greggs has maintained its full-year guidance after a quarter of “further good progress” as sales continue to soar.
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NewsDreams sales climb following a record investment in store and tech upgrades
Dreams has recorded a sales boost following record store, tech and supply chain investments as part of its modernisation programme.
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NewsFenwick has hired two new executives as losses narrow in ‘challenging year’
Exclusive: Department store group Fenwick has drafted two new senior executives to its top team and is looking forward to “an exciting new period of growth” after narrowing losses and sales slipping in a “challenging retail environment”.
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NewsH&M has reported a ‘slow’ third quarter as sales slip and it warns on profit guidance
Swedish fashion giant H&M has reported a “slow” third quarter as sales dipped and the retailer lowered its operating margin expectations.
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NewsMorrisons sales jump as chief executive hails progress ‘across the board’
Morrisons chief executive Rami Baitiéh has praised the “good headway across the board” the supermarket has made, after reporting an increase in both total and like-for-like sales.
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NewsPepco is expecting to see ‘record revenues’ despite ongoing supply chain disruption
Pepco Group, which owns Poundland and Dealz, said it expects to see “record revenues” for the full year despite continuing supply chain issues.
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NewsDFS has swung to a loss as shipping delays and interest rate rises take their toll
Furniture retailer DFS has swung to a loss, blaming ongoing shipping delays in the Red Sea and the effects of higher interest rates on borrowing.
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NewsCo-op is back in the black as membership numbers surge
C-store specialist Co-op has returned to profit and increased its revenues as its membership push resulted in a spike in new active members.
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NewsCard Factory's profits have fallen despite growth in sales
Card Factory posted a fall in profit for the six months to July 2024 despite growth in overall revenue.
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NewsLondon Designer Outlet had its ‘best summer on record’ as sales surpassed £10m
London Designer Outlet has reported its “best summer performance on record” with its strongest-ever sales outside of December occurring in August.
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NewsOliver Bonas profits have dipped as shoppers tighten belts
Fashion, jewellery and homewares retailer Oliver Bonas has reported rising sales but declining profits for the 2023 financial year as it battles soaring inflation and “subdued discretionary consumer spending”.