All Financial results articles – Page 88
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NewsTesco boss Dave Lewis: Food price inflation ‘abating’
Tesco boss Dave Lewis believes food price inflation will slow down this year as pressures on sourcing costs begin to ease.
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NewsTesco sales climb over Christmas and third quarter
Tesco has registered a jump in sales during the crucial golden quarter, driven by its fresh food proposition.
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NewsBooker posts festive sales rise in ‘good’ third quarter
Booker has reported an uplift in its Christmas sales amid Tesco’s takeover bid as flagging demand for tobacco failed to offset growth.
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NewsShoe Zone full-year profits and sales stumble
Shoe Zone has reported a slip in pre-tax profits in its last financial year as the retailer felt the impact of post-Brexit vote currency fluctuations.
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NewsMoss Bros cautions on profits as festive footfall drops
Moss Bros has cautioned profits will come in below market expectations after “lower than anticipated” footfall during the crucial Christmas trading period.
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NewsSainsbury’s ups profit forecast as festive sales rise
Sainsbury’s expects full-year profits to come in “moderately ahead” of consensus after posting an increase in sales during the golden quarter.
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NewsMorrisons’ Potts: Premium festive lines ‘hit the spot’
Morrisons boss David Potts has hailed the impact of its premium ‘Best’ ranges as the grocer posted a consensus-busting jump in Christmas sales.
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NewsMothercare warns on profits as like-for-likes tumble
Mothercare has become the second major retailer to issue a profit warning in its festive update, following Debenhams’ lead last week.
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NewsAgenda: Festive updates from 18 major retailers
Retail Week looks ahead to the next seven days, with festive updates from 18 major retailers on the agenda.
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NewsOffice defies 'tough' market as profits improve
Office has hailed an improvement in full-year profitability despite “tough” trading conditions in the UK market.
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NewsGear4Music sales spike during golden quarter
Gear4Music has registered a spike in sales during the golden quarter as its proposition struck a chord with a growing number of customers.
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NewsSteinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.
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NewsNext ups profit guidance despite retail sales dive
Next has marginally increased its profit guidance despite falling retail sales in the run-up to Christmas.
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NewsWhistles losses shrink but sales remain flat
Whistles has reported shrinking losses on flat sales during its first year under new ownership.
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NewsPoundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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NewsMissguided falls into loss despite sales spike
Missguided has dropped into the red in its full-year update as it ploughed investment into its distribution centre, although its sales skyrocketed.
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NewsKoovs shaves off pre-tax losses despite flat sales
Koovs has posted narrowing losses and delivered flat sales at the interim mark during what chief executive Mary Turner described as a “challenging year”.
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NewsHarvey Nichols dips into the red in 'challenging' year
Harvey Nichols has posted a pre-tax loss and flat sales as refurbishments at its Knightsbridge flagship bit into its bottom line.
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NewsSteinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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NewsSteinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.