All Financial results articles – Page 31
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NewsBeaverbrooks profits and sales surge despite Covid closures
Beaverbrooks has posted surging profits and sales despite the impact of store closures during the coronavirus crisis.
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NewsGreggs names ex-Tesco UK boss Davies chair as profits inch up
Greggs has appointed former Tesco UK boss Matt Davies as its new chair, as it recorded an uptick in profit and sales.
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AnalysisData: As ecommerce sales retreat, has the Covid online boom finished?
With the news in recent weeks that Amazon has swung to a loss and Shopify has sacked one in 10 employees, new data shows that the ecommerce boom seen during the pandemic may finally be coming to an end.
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NewsAmazon posts loss as ecommerce comes under pressure
Amazon has reported a second consecutive quarterly loss, but sales beat expectations despite its online retail business declining.
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NewsMusic Magpie is ‘recession-resistant’, says boss Steve Oliver
Music Magpie founder and chief executive Steve Oliver believes the business is well suited to weather the current economic storm.
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Opinion‘When Amazon and Walmart sneeze, all of retail could catch a cold’
Signs of pressure on two of the world’s leading retailers, US-based giants Amazon and Walmart, will send a shiver down the spines of businesses in the UK
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DataWalmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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NewsWickes downgrades profit expectations as cost-of-living crisis bites
Wickes has blamed a softer outlook in some of its key markets and the uncertain macroeconomic outlook after it downgraded its profit expectations for the year
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NewsJD Sports confident of delivering record profit and sales
JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today
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NewsDunelm names Whitbread boss Brittain new chair as sales rise
Dunelm has named Whitbread boss Alison Brittain as its new chair as it posted an increase in full-year sales.
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NewsOcado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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NewsFrasers posts surge in profits and increases earnings guidance
Frasers Group has recorded a spike in full-year profits and upped its earnings guidance for its current financial year.
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NewsJoules upgrades profit forecast and extends borrowing facility
Joules has said its profits will be slightly ahead of expectations for the year and has secured an extension of its credit facility.
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NewsIn The Style edges to a loss despite strong sales growth
In The Style fell into the red with its first full-year results as a listed company, as boss Sam Perkins warned that the year ahead would be “a challenging one for consumers and retailers” and lead to widening losses.
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NewsMade.com and Hotel Chocolat issue profit warnings
Made.com and Hotel Chocolat have both issued warnings over their profits, with the furniture retailer citing supply chain costs and low consumer confidence while the confectionary business plans a transitional year to focus on its most profitable markets.
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NewsDeliveroo slashes sales forecasts as ‘consumer headwinds’ hinder growth
Deliveroo has slashed its full-year sales forecast as “increased consumer headwinds” slam the brakes on growth.
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NewsBurberry sales rise as domestic spend surpasses pre-pandemic levels
Burberry has posted a modest uplift in first-quarter sales as a decline in revenues in mainland China was offset by demand from shoppers across Europe, the Middle East, India and Africa.
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NewsPoundland owner Pepco’s sales soar as it increases store expansion plans
Pepco has upped its store expansion goals for the year to drive further growth.
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NewsDr Martens sales rise driven by wholesale and retail recovery
Dr Martens has recorded strong sales in the first quarter as its business continued to recover in all areas post-pandemic.
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NewsSosandar narrows losses as ‘normal trading conditions’ return
Sosandar has narrowed its full-year losses and hailed the return of “normal trading conditions” following the impact of the coronavirus pandemic.