All Financial results articles – Page 49
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News
Halfords raises profit expectations as sales surge
Halfords has upped its profit expectations for the half-year mark but stresses that economic uncertainty may hamper its second-half performance.
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Topps Tiles confident of turning a ‘modest’ profit following strong fourth quarter
Topps Tiles said it was confident of generating a “modest level of adjusted profit before tax” for the end of its financial year, following a strong fourth quarter of trading.
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Boohoo sales and profits soar in first half
Boohoo has seen group revenues and profits soar in the first half of the year and said the momentum has continued into September, despite the fallout from the Leicester scandal.
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ScS profits slide as store closures impact sales
ScS recorded a downturn in profits and sales in its full-year results due to the impacts of the coronavirus pandemic, but has since seen a strong recovery as it benefits from pent-up consumer demand.
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Card Factory swings to loss as coronavirus hits sales
Card Factory has swung to a half-year loss after the coronavirus crisis battered its sales.
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B&M raises profit forecast following first-half sales surge
B&M has raised its half-year profit guidance following a “strong” uplift in sales.
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Greggs resumes store-opening programme as sales recover in September
Greggs has reinstated its store-opening plans after hailing “improving” sales during September.
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Hotel Chocolat strikes Hut Group deal in US as coronavirus hammers profits
Hotel Chocolat has struck a deal with The Hut Group’s Ingenuity technology arm to bolster its presence in the US after the retailer’s profits were hammered by the coronavirus crisis.
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News
Aldi to plough record £1.3bn investment into UK as profits surge
Aldi has pledged to invest £1.3bn into upgraded stores and distribution centres over the next two years after it saw record sales figures last year.
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News
Pets at Home raises full-year expectations as sales climb
Pets at Home has said that sustained strong sales growth in its current financial year mean that it now expects profits to exceed market expectations despite wider economic uncertainty.
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DFS swings to loss as sales slump in ‘disappointing’ year
DFS has fallen into the red in its preliminary results as sale declined, but boss Tim Stacey has stressed that the retailer’s performance has improved since stores reopened.
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News
Nike eyes permanent shift online as digital sales soar in lockdown
Nike’s online sales surged during its first quarter as its direct-to-consumer strategy bore fruit during lockdown.
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Joules ‘encouraged’ by recovery despite sales slide
Joules suffered a drop in sales during its first quarter as store closures dented its top line, but boss Nick Jones insists he is “encouraged” by the retailer’s recovery.
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News
Lovehoney chief executive steps down after 12 months
Lovehoney chief executive Sarah Warby has stepped down from her post for “family reasons” after just 12 months in the role, the retailer has confirmed.
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Analysis
Superdry’s Dunkerton: Product and sustainability will see us through
Despite the hit to sales suffered by fashion retailers amid the coronavirus pandemic, Superdry chief executive Julian Dunkerton is positive that, barring absolute disaster, the retailer’s design overhaul and new strategy will set it up for long-term success.
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Analysis
Analysis: Three ways Inditex beat the fashion blues to return to profit
Zara owner Inditex swung back into the black during its second quarter, despite the ongoing impact of the coronavirus pandemic.
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News
Inditex returns to profitability as online sales soar
Inditex has posted a profit in its second quarter, as it begins to recover from the impacts of the coronavirus pandemic.
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H&M posts ‘better than expected’ recovery
H&M has announced it expects a return to profit this year, as its finances begin to recover post-Covid.
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News
Dixons Carphone revenues rise as online sales soar
Dixons Carphone has reported an uptick in sales amid the coronavirus pandemic, buoyed by a surge in its online business.
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Dunelm profits and sales slide despite homewares boom
Dunelm has posted a fall in full-year profits as store closures during the coronavirus crisis dented its sales.