All Financial results articles – Page 34
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News
WHSmith boss Cowling: ‘We’re confident that travel is back for good’
WHSmith chief executive Carl Cowling has told Retail Week he is sure the leisure travel industry will boom through the summer and beyond – giving his travel stores a boost.
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WHSmith bounces back into black as travel retail rebounds
WHSmith has swung back into profit and insisted that its recovery from the coronavirus pandemic is “well underway”.
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Gousto founder Timo Boldt: Technology is helping us keep prices low for customers
Gousto founder and chief executive Timo Boldt is putting his faith in automation and the subscription box retailer’s proprietary artificial intelligence to keep prices low for customers.
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McColl’s seeks refinancing after latest profit warning
McColl’s has issued a profit warning after a “softer” Easter trading period.
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Naked Wines posts sales rise as business improvements bear fruit
Specialist retailer Naked Wines has posted an increase in full-year sales and expects results to be in line with expectations after it beat customer retention expectations.
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Dunelm sales soar in time for blockbuster summer
Dunelm has recorded an uplift in sales as its customers prepare their homes and gardens for the warmer weather.
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Analysis
Analysis: How Tesco is tackling retail’s three most ‘significant uncertainties’
Tesco unveiled surging profits as it powered through the pandemic – but there was more than an air of caution as directors presented full-year results.
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Tesco full-year profits skyrocket bolstered by 'strong' sales
Tesco’s preliminary profits have more than tripled as boss Ken Murphy hails the grocer’s “strong performance” and says the chain is better placed than its rivals to tackle the looming cost of living crisis for shoppers.
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News
Asos looks forward to ‘summer of fun’ despite consumer gloom
Asos chief operating officer and chief financial officer Mat Dunn was optimistic about prospects, despite the challenges facing the business and consumers such as inflation and ongoing supply chain disruption.
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Boots’ sales ‘bounce back’ as beauty and online revenues climb
Boots has recorded a strong uplift in sales across its stores and online operations as boss Seb James says the retailer “continues to bounce back strongly from the pandemic”.
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H&M sales rise despite fresh wave of Covid-19 disruption
H&M has registered rising sales during its first quarter despite “the negative effects of the pandemic” continuing to impact many of its international markets.
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Asda sales and profits rise as Covid-19 costs unwind
Asda has posted a jump in profits in its first year under the Issa brothers’ ownership as one-off costs related to the coronavirus crisis abated.
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Wickes’ profits surge in ‘year of excellent growth’
Home improvement retailer Wickes has reported rocketing full-year sales and profits and said it is well positioned for further growth.
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Analysis
Next boss Wolfson on store resurgence, return of pre-pandemic habits and cost of living
Fashion and home giant Next has trimmed profit expectations but – to the surprise of some – delivered better than expected trading performance at its UK stores business.
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Next delivers surge in profits but global ‘uncertainty’ drives down forecasts
Next has posted a surge in profits but downgraded forecasts for its new financial year amid a slowdown in its international business.
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Nike sales surge as pre-pandemic shopping habits return
Nike recorded a strong uplift in its third-quarter sales across the US and Europe, aided by a “steady normalisation of traffic” to its own-brand stores.
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News
ScS blames international supply chain issues as it slips to loss
ScS has slipped into the red, blaming international supply chain issues for its subdued revenues and profits.
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News
Kingfisher delivers record year as profits and sales soar
Kingfisher has said it is “ahead of schedule” with its new strategy after reporting record profits and sales last year.
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News
Deliveroo losses widen despite soaring revenues
Deliveroo reported that losses had widened in its full-year results, with the delivery app vowing to break even in around two years’ time.
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Fashion giant Inditex warns of price rises as inflation hits
Zara owner Inditex has introduced price rises across its different brands in line with cost inflation.