All Financial results articles – Page 62
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NewsNext in-store sales fall but profit expectations remain unchanged
Next has reported a fall in full-price sales from stores but saw a big upturn in online sales in its third quarter, ensuring that its profit expectations for the year remain unchanged.
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NewsSchuh swings to loss after second ‘extremely challenging’ year
Schuh fell to a loss for the financial year, with the retailer blaming a “second consecutive year of extremely challenging conditions” in the sector.
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NewsWalgreens Boots Alliance ups cost-cutting drive as full-year profits fall
Walgreens Boot Alliance (WBA) has recorded a decline in full-year profits despite increased sales in what chief executive Stefano Pessina described as “a challenging operating environment.”
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NewsSosandar sales soar following ‘aggressive marketing strategy’
Sosandar has posted a jump in sales following investment in its marketing strategy and broadening product ranges.
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NewsTK Maxx full-year profits and sales soar
TK Maxx has reported upturns in both total sales and gross profit for the financial year as it continued to open new stores across the UK.
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NewsAgenda: Next and Zalando update the market
Retail Week looks ahead to the next seven days with updates from Next and Zalando on the agenda.
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OpinionOpinion: Forget about plunging profits, Zara still leads the fashion pack
When a retailer’s profits nosedive by half, alarm bells would usually sound. But Zara is an unusual retailer.
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NewsShoe Zone revenues steadied by focus on big box stores
Shoe Zone has reported an uptick in revenues off the back of its ongoing focus on opening big-box format stores.
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NewsShop Direct losses spiral as PPI claims hit bottom line
Shop Direct has suffered widening pre-tax losses despite increased sales following an “unexpected surge” in PPI claims.
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NewsWickes third-quarter sales climb despite ‘uncertain market’
Wickes has posted a strong uplift in third-quarter like-for-like sales as parent company Travis Perkins says the retailer’s demerger from the group is “on track” for next year.
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NewsAgenda: Travis Perkins, Shoe Zone and Shop Direct update the market
Retail Week looks ahead to the next seven days with updates from Travis Perkins, Shoe Zone and Shop Direct on the agenda.
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NewsFenwick swings to loss as boss Feather fashions its future
Fenwick has swung to a loss after suffering a slump in sales during a “challenging year for retail”.
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NewsWHSmith unveils $400m Marshall Retail acquisition as profits edge up
WHSmith is set to double the size of its international travel business with the acquisition of US travel chain Marshall Retail, as it unveiled full-year sales and profit growth.
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AnalysisAnalysis: How Asos plans to get back on trend
This time last year signalled the start of a very bumpy road for Asos. After a difficult autumn – a peak trading period – the unthinkable happened.
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NewsHome Bargains profits climb as it plans to double store footprint
Home Bargains’ full-year sales passed the £2.5bn milestone as the business ramps up for aggressive bricks-and-mortar expansion.
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NewsMatalan profits dampened by ‘awful’ spring weather
Matalan has suffered a drop in second-quarter profit as political uncertainty and “awful” weather during spring dented earnings.
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NewsAgenda: Asos, WHSmith update the market
Retail Week looks ahead to the next seven days with updates from Asos and WHSmith on the agenda.
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NewsQuiz laments ‘challenging’ market as store sales slump
Quiz has suffered a fall in sales during its first half as “very challenging” conditions on the high street impacted its top line.
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NewsAnalysis: Notonthehighstreet profits climb despite flat sales
Notonthehighstreet.com has recorded a jump in full-year operating EBITDA spurred by cost efficiencies as the business gears up for growth.
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NewsDunelm sales rise after ‘particularly strong’ first quarter
Dunelm saw both like-for-like and total sales increase in what it described as a “particularly strong” first quarter of trading.