All Financial results articles – Page 42
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H&M sales rise despite European closures
H&M recorded strong sales in the second quarter despite the impact of the pandemic on various markets.
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Boohoo records surge in first quarter sales despite international ‘uncertainty’
Boohoo has posted a strong uplift in sales during its first quarter against strong comparitives, with the US and UK driving momentum.
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Asda profits tumble as Covid costs bite
Asda has suffered a drop in full-year profits as costs incurred during the coronavirus crisis weighed on its bottom line.
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Card Factory slumps to loss as coronavirus batters sales
Card Factory has swung into the red after store closures during national lockdowns decimated its full-year sales.
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B&M profits more than double as sales climb in ‘exceptional’ year
B&M has delivered rocketing full-year profits and a surge in sales as boss Simon Arora says the retailer’s store network and value offer will hold it in good stead for strong trading post-lockdown.
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Wickes hails strength of showrooms as sales exceed expectations
Wickes has reported that it expects full-year profits to be at the top end of expectations as kitchen and bathroom orders boom.
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EG Group hails strength of foodservice business as first-quarter profits rise
EG Group has hailed the growth of its foodservice business after delivering increased profits in the first quarter.
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Pets at Home to invest £70m as it targets pet ‘baby boomers’
Pets at Home is targeting three key areas for investment as it seeks to take advantage of the new wave of pet owners.
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Pets at Home profits rise as it eyes ‘strong momentum’ post-pandemic
Pets at Home has racked up an increase in sales and profits in what it dubbed “an extraordinary year” for the business.
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Marks & Spencer tumbles to full-year loss as it seeks to reshape business
Marks & Spencer has swung to a loss for the year, as it works to make good on the “Never the Same Again” promise.
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Wilko profits tumble as sales fall in year of ‘difficult trading’
Wilko has reported a sharp fall in full year pre-tax profits and a decline in sales, citing the challenging retail landscape as the reason for “a year of modest results”, Retail Week can reveal.
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Card Factory sales ‘exceed expectations’ as it completes refinancing
Card Factory has reported strong demand following its stores reopening in April.
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Kingfisher raises outlook as sales continue to soar
Kingfisher has raised its profit predictions for 2021/2022 as its sales increased in almost all markets.
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Topps Tiles back in the black following ‘strong recovery’ upon reopening
Topps Tiles has returned to profit at the half-year mark as boss Rob Parker hails the retailer’s “flexibility and resilience”.
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Farfetch revenues soar after ‘tremendous start to 2021’
Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.
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The Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
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Burberry hails ‘strong’ full-year results despite sales and profits fall
Burberry has recorded a decline in its full-year sales and profits, but boss Marco Gobbetti hailed the luxury retailer’s resilience as full-price sales drove momentum.
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Joules upgrades profit expectations following ‘strong’ sales
Joules has upped its full-year profit forecast after hailing a “positive performance” across all its sales channels.
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Morrisons sales jump as fuel and food-to-go rebounds
Morrisons has posted an uptick in sales as it looks forward to “a year of meaningful profit growth”.
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Greggs upgrades profits after strong post-lockdown sales recovery
Food to go specialist Greggs has reported strong recovery in sales as the UK’s coronavirus restrictions have eased, saying profits for the year could be in line with 2019.