All Financial results articles – Page 40
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News
Zara owner Inditex profits and sales hit ‘historic highs’ bolstered by online surge
Zara parent company Inditex has recorded a spike in interim profits and sales driven by record-breaking second-quarter revenues.
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News
Made.com to launch homewares marketplace as it eyes expansion
Made.com has begun beta testing a marketplace model to bring artisan brands on board.
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News
Morrisons profits slide as supply chain ‘challenges’ bite
Morrisons has reported a slump in profits at the half-year mark as chair Andrew Higginson said the business had weathered a “variety of continuing challenges”, including supply chain disruption and driver shortages.
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Halfords boss ‘positive on prospects’ as sales rise in key growth categories
Halfords has reported an uptick in sales despite the impacts of supply chain disruption during the current trading period.
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News
Dunelm profits soar driven by digital sales and localisation
Dunelm has recorded a profit rise as it transitioned from physical retailer to “proven digital-first, multichannel” retailer.
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News
Ted Baker revenues recover as full-price sales rebuild following lockdowns
Ted Baker has posted a spike in second-quarter sales as it hailed “trading momentum” following the reopening of its stores in the spring.
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News
Asda sales drop as new owners unveil c-store expansion plans
Grocery giant Asda has reported a dip in second-quarter sales on the day it unveiled expansion plans for its Asda On the Move forecourt store format.
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News
WHSmith warns on future profit uncertainty despite high street and travel rebound
WHSmith said it expects the outcome for the year to August 31 to be ahead of expectation after an uptick in high street and travel trading, yet warned ongoing uncertainty could impact profits in future.
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News
Marks & Spencer profits to beat expectations following strong trading
Marks & Spencer expects full-year earnings to be better than anticipated after strong trading as its transformation plan bore fruit.
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News
McColl’s warns of profit headwinds as its seeks to raise capital
McColl’s has said it may struggle to meet management expectations for the full year if availability issues continue into the second half.
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News
Watches of Switzerland revenues double as demand outpaces supply
Watches of Switzerland has hailed “strong” growth across its UK and US markets during the first quarter of its financial year.
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News
Adidas increases full-year outlook as pandemic recovery kicks off
Adidas has raised its full-year outlook as revenues in the EMEA and North American markets almost doubled in the brand’s second quarter following a challenging pandemic period.
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News
Mike Ashley to step down as Frasers boss as profits tumble
Retail tycoon Mike Ashley has confirmed his intention to pass the mantle of chief executive to Michael Murray in the next financial year.
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News
New Look back in the black following CVA
New Look has returned to profit despite the impacts of the pandemic on physical stores.
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News
Amazon second-quarter sales soar but pandemic surge slows
Amazon has recorded over $100bn (£72bn) in sales for the third consecutive quarter but forecasts that upcoming growth will be slower than pandemic levels.
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News
Dr Martens sales rise as stores reopen and wholesale recovers
Dr Martens recorded a strong first quarter with sales up across all regions.
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News
Pets at Home upgrades outlook as sales soar
Pets at Home has raised its profit expectations as “strong sales momentum” continued into the first quarter.
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News
Halfords profits rise despite ‘volatile’ year of trading
Halfords has recorded soaring profits as its B2B, services and online businesses thrived during the pandemic.
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Analysis
Apps, personalisation and UX: How Moonpig and In The Style are powering growth
As Moonpig and In The Style publish stellar results for the past year, Retail Week explores what other retailers could learn from their digital strategies.
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Data
Data: Must-see Next graphs reveal sales powered by weather and staycations
After stronger than expected trading, fashion and home giant Next has upped profit expectations. Data provided by the retailer showed the categories and factors that shaped consumer behaviour and powered the strong performance.