All Financial results articles – Page 44
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News
Just Eat profits soar as order numbers rise in lockdown
Just Eat Takeaway.com has reported a “strong improvement” in profits as order and active customer numbers grew across multiple markets.
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News
Zalando targets bigger share of European market after stellar year
Zalando has upgraded its ambitions to take a larger share of the European fashion market as sales soared over the past year.
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ScS profits rise as pent-up demand boosts sales
ScS has registered upticks in profits and sales as pent-up demand during the coronavirus crisis drove “record” first-half performance.
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Greggs tumbles into the red but hails ‘progressive recovery’ in sales
Greggs has swung to a full-year loss following a slump in sales during the coronavirus pandemic.
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News
JD.com profits soar as retail business booms during lockdowns
JD.com has posted a jump in full-year sales and profits as its retail division benefited from a spike in online shopping during the coronavirus crisis.
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Analysis
Analysis: How Morrisons blazed a grocery trail through the Covid crisis
Morrisons’ profits might have fallen over the past year, but the grocer’s chief executive David Potts painted a picture of a business that has used a period of unparallelled upheaval to readjust its priorities for the future.
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News
John Lewis swings into the red with permanent store closures imminent
John Lewis has reported a sharp decline in profits during the pandemic, meaning chair Sharon White “does not expect to reopen all John Lewis shops at the end of lockdown”.
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News
Morrisons sales rise but profits battered by relief repayment
Morrisons has recorded an uptick in like-for-like sales during the year where the grocer’s “resilience has been severely tested”.
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News
Zara owner Inditex posts sales and profit fall in ‘challenging year’
Fashion giant Inditex’s executive chair Pablo Isla said the business has “emerged stronger” from the coronavirus pandemic despite suffering a slump in full-year profits.
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News
DFS profits surge as pent-up lockdown demand boosts sales
DFS has posted a jump in half-year profits as pent-up demand from the first national lockdown drove a sales spike.
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News
WHSmith hails ‘better than expected’ sales as high street stores recover
WHSmith has posted a “better than expected” performance during the first two months of 2021 as its high street stores mounted a sales recovery.
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News
Shoe Zone swings to full-year loss as Covid store closures bite
The UK’s largest value shoe retailer Shoe Zone has reported a loss for the year as the effects of the ongoing coronavirus pandemic begin to bite.
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News
Farfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.
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News
Pets at Home ups profit guidance again after strong fourth quarter
Pets at Home has upped its profit guidance for the second time in under two months, hailing continued strong trading in the fourth quarter of its current financial year.
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News
Primark loses £1.1bn in sales due to lockdowns
Primark estimates that non-essential retail closures across its global store estate cost the business £1.1bn in lost sales in the first half of its financial year, but expects the period after lockdown ends to be “highly cash generative”.
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News
Ikea full-year sales fall cushioned by strong online growth
Ikea has reported a decline in full-year sales across its UK business, but boss Peter Jelkeby praised the retailer’s accelerated transformation.
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News
Poundland parent Pepco’s profits drop as it ramps up European expansion
Poundland’s owner Pepco Group has reported an uplift in full-year sales as it plans to open 400 new stores per year.
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News
Asda sales rise as customers trade up over Christmas
Asda has reported that customers trading up and treating themselves over Christmas led to strong sales upticks in its fourth quarter.
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News
Moonpig set to double full-year sales after ‘strongest ever’ Valentine’s Day
Moonpig reported the strongest week of trading in its history in the run up to Valentine’s Day.
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News
Ted Baker warns of £5m Brexit bill as festive sales slide
Ted Baker has warned it faces £5m of additional costs associated with Britain’s exit from the EU as it grapples to revive its fortunes.