All Financial results articles – Page 48
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NewsMarks & Spencer suffers first ever loss as coronavirus batters clothing sales
Marks & Spencer has slumped to its first loss as a listed business after the coronavirus crisis hammered sales in its clothing division.
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NewsOcado acquires two tech firms as M&S tie up proves fruitful
Ocado has upped its profit guidance for the year for its joint venture with M&S as trade “remained strong” in the fourth quarter.
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NewsAmazon’s profits triple as third-quarter sales soar
Amazon has posted record sales figures for its third quarter, with profits tripling amid the global pandemic.
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NewsEbay raises full-year forecast as third-quarter sales surge
Ebay has reported a strong set of third-quarter results, which chief executive Jamie Iannone said “exceeded expectations on both the top and bottom lines”.
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NewsNext raises profit forecast again after strong third-quarter sales
Next expects full-year profits to come in at the top end of its previously guided range following a “better than anticipated” increase in sales during its third quarter.
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NewsThe Hut Group ups full-year guidance as third-quarter sales jump
The Hut Group has reported a surge in sales during its third quarter, bolstered by its beauty and nutrition divisions.
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NewsTravis Perkins sales decline despite ‘strong recovery’ of retail arm
Wickes owner Travis Perkins has posted a fall in total sales across its third quarter, but its performance was boosted by resilient sales across its DIY retail divisions.
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NewsEG Group reports record quarterly profits
Petrol forecourt specialist EG Group, which is controlled by Asda’s new owners the Issa brothers, has posted a record quarter of profitability.
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NewsWalgreens Boots Alliance profits dragged down by UK sales slump
Walgreens Boots Alliance has reported a drop in its fourth-quarter sales and profits exacerbated by a plunge in demand across the group’s UK arm.
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NewsAO.com set for ‘biggest ever’ Christmas as interim sales soar
AO.com has delivered a strong rise in sales across both the UK and Germany as boss John Roberts says accelerated online sales amid Covid-19 have ‘emphasised our strengths’.
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AnalysisAnalysis: After a profits surge, why is Asos cautious as golden quarter kicks off?
While Asos’ profits and sales surged as it navigated the pandemic in recent months, the retailer has warned that the next few months may not be quite so rosy
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NewsVery Group set up for ‘very strong’ Christmas, says boss Birch
The Very Group’s chief executive Henry Birch says the combination of the etailer’s credit offering and fulfilment capabilities set it up for bumper Christmas trading.
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AnalysisAnalysis: Five priorities for new Tesco boss Ken Murphy
Tesco’s interim results today gave new boss Ken Murphy his first opportunity to address the City and experience the scrutiny that comes with being chief executive of Britain’s biggest retailer.
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NewsSosandar interim sales jump despite ‘challenging’ environment
Sosandar has recorded a surge in sales at the half-year mark as the brand snaps up “significant market share” from its fashion rivals.
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NewsTesco poaches Tate & Lyle CFO as half-year profits and sales climb
Tesco has snapped up Tate & Lyle finance chief Imran Nawaz and reported a strong uplift in interim profits driven by shoppers flocking online during the pandemic and choosing to stock up with bigger shops less often.
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NewsIkea boss bets on store resurgence despite full-year sales dip
Ikea has reported a decline in full-year sales but group boss Jesper Brodin hailed the home and DIY retailer’s resilience and adaptability during the pandemic.
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NewsWagamama owner The Restaurant Group swings to loss
The owner of high street restaurant chains Wagamama and Frankie & Benny’s has swung to a half-year loss after being “severely impacted” by the coronavirus crisis.
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NewsWatches of Switzerland increases profit guidance as sales surge
Watches of Switzerland has increased its full-year profit guidance following “stronger than expected” sales performance during its second quarter.
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NewsMulberry losses deepen due to Covid-19
Struggling global handbag and accessories retailer Mulberry has seen its losses deepen due to the ongoing effects of the coronavirus on sales.
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NewsH&M returns to profit as it looks to emerge ‘stronger’ post-Covid
H&M has reported a profit in its third quarter, as chief executive Helena Helmersson believes “the worst is behind us”.