All Financial results articles – Page 59
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News
H&M sales rise as it eyes return to profit growth
H&M has posted an uptick in fourth-quarter sales as the group remained on track to deliver an increase in full-year profits for the first time in four years.
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News
Studio profits hit by surge in PPI claims
Studio, the online retailer previously known as Findel, has posted a slump in profits following a surge in PPI claims.
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Analysis
Analysis: Can Dixons Carphone get its spark back?
Dixons Carphone posted a 60% drop in adjusted pre-tax profit for the six months to October 26 as group sales fell 4% to £4.7bn. Figures like that often spark panic, but the City hasn’t turned off just yet.
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News
Zara owner Inditex reports 'strong' profits and sales growth
Inditex reported an increase in profits and sales, as the fashion giant hailed the continued rollout of its “global, fully integrated store and online platform”.
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News
Ocado sales rise as it prepares to ramp up M&S grocery offer
Ocado has recorded in its quarterly sales as the grocery etailer says it will add ‘many more lines’ to its M&S range than the 4,000 product lines currently offered via Waitrose.
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News
Superdry profits wiped out as sales fall in ‘year of reset’
Superdry’s recorded a nosedive in pre-tax profits at the interim mark but boss Julian Dunkerton said he was “pleased with the progress” made by the retailer.
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News
Dixons Carphone profits short-circuit as transformation costs bite
Dixons Carphone has recorded a slump in pre-tax profit exacerbated by sliding mobile sales, but boss Alex Baldock says the retailer’s transformation plan is “on track.”
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News
Analysis: How Watches of Switzerland is moving with the times
Following a stellar set of maiden interim results since floating in May this year, Watches of Switzerland boss tells Retail Week how the luxury brand continues to stand the test of time.
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Analysis
Analysis: Has Ted Baker unravelled beyond repair?
“Ted just doesn’t feel like Ted anymore.” It’s a statement that’s as short as it is revealing about Ted Baker’s alarming fall from grace.
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News
Ted Baker CEO and chair quit amid fresh profit warning
Ted Baker has been plunged further into crisis after parting company with its chief executive and chair following a fresh profit warning.
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News
McColl’s blames profit warning on low consumer confidence
McColl’s has issued a profit warning for the year, blaming “softer market conditions” in the second half of the year on unseasonable weather and low consumer confidence.
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News
Travis Perkins says demerger of Wickes to be completed by middle of next year
Wickes owner Travis Perkins has hailed the progress it has made in its bid to offload the retailer and says the demerger will be complete by the second quarter of 2020.
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News
Mothercare UK losses deepen during ‘extraordinarily challenging’ period
Mothercare UK has reported widening losses in the first half of the financial year, starkly highlighting the issues which led to its being placed into administration in November.
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News
Watches of Switzerland profits soar on back of ‘robust’ UK and US markets
Watches of Switzerland has reported soaring profits and revenues as it praised the “robust” market for luxury watches both in the UK and the US.
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News
Dunelm profits to beat expectations amid margin gains
Dunelm has said it expects full-year profits to come in “higher than previous expectations” after a period of “strong sales growth”.
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News
Joules sales climb despite ‘challenging’ September
Joules has posted an increase in sales during the first half of its financial year despite suffering what it called a “challenging” September.
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News
Edinburgh Woollen Mill’s profits rise in ‘turnaround’ period
The Edinburgh Woollen Mill group has posted an increase in profits as the fashion retailer continued to expand its luxury division.
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News
Quiz swings to loss as brand blames ‘challenging market conditions’
Quiz has swung to a loss before tax and seen its underlying EBITDA more than halve in what the fast-fashion group called a “continued challenging market”.
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News
Boohoo hails record-breaking Black Friday weekend
Boohoo has registered a “strong” Black Friday performance across the promotional weekend with key brands bolstering sales.
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News
Dr Martens owner sets sights on £1bn sale
Dr Martens’ owner – private equity firm Permira – is looking to sell the shoe brand for £1bn.