All Financial results articles – Page 9
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NewsFenwick has hired two new executives as losses narrow in ‘challenging year’
Exclusive: Department store group Fenwick has drafted two new senior executives to its top team and is looking forward to “an exciting new period of growth” after narrowing losses and sales slipping in a “challenging retail environment”.
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NewsH&M has reported a ‘slow’ third quarter as sales slip and it warns on profit guidance
Swedish fashion giant H&M has reported a “slow” third quarter as sales dipped and the retailer lowered its operating margin expectations.
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NewsMorrisons sales jump as chief executive hails progress ‘across the board’
Morrisons chief executive Rami Baitiéh has praised the “good headway across the board” the supermarket has made, after reporting an increase in both total and like-for-like sales.
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NewsPepco is expecting to see ‘record revenues’ despite ongoing supply chain disruption
Pepco Group, which owns Poundland and Dealz, said it expects to see “record revenues” for the full year despite continuing supply chain issues.
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NewsDFS has swung to a loss as shipping delays and interest rate rises take their toll
Furniture retailer DFS has swung to a loss, blaming ongoing shipping delays in the Red Sea and the effects of higher interest rates on borrowing.
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NewsCo-op is back in the black as membership numbers surge
C-store specialist Co-op has returned to profit and increased its revenues as its membership push resulted in a spike in new active members.
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NewsCard Factory's profits have fallen despite growth in sales
Card Factory posted a fall in profit for the six months to July 2024 despite growth in overall revenue.
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NewsLondon Designer Outlet had its ‘best summer on record’ as sales surpassed £10m
London Designer Outlet has reported its “best summer performance on record” with its strongest-ever sales outside of December occurring in August.
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NewsOliver Bonas profits have dipped as shoppers tighten belts
Fashion, jewellery and homewares retailer Oliver Bonas has reported rising sales but declining profits for the 2023 financial year as it battles soaring inflation and “subdued discretionary consumer spending”.
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AnalysisFour must-see charts from the Next half-year results
For the time-poor, Retail Week has extracted four of the most interesting charts from today’s Next results that help paint a picture of what to expect
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NewsOcado Retail lifts its sales guidance after a ‘strong’ quarter
Online grocery giant Ocado has increased its full-year revenue guidance as a result of “strong performance” as it continues making moves as “the UK’s fastest growing grocer”.
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NewsNext ups its full-year guidance again due to surging sales and new ‘avenues of growth’
Next has upped its guidance for the full year to January 2025, with profits now anticipated to reach almost £1bn, as sales and profits at the fashion giant have surged once again.
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NewsFootasylum profits and sales have soared after a ‘record’ year
Sportswear retailer Footasylum has reported another “record” year of profits and sales helped by its ongoing store expansion strategy and enhanced omnichannel retail technology.
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NewsAllSaints profits have surged in another ‘record’ year
Fashion retailer AllSaints has reported yet another “record” year as profits and sales are up and it remains “confident as ever” in future growth.
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NewsPret sales have hit £1bn for first time as international business thrives
Pret a Manger has reported sales of more than £1bn for the first time as appetite for the coffee chain outside of the UK ramps up.
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NewsTHG is set to spin off its Ingenuity arm as it records a dip in profit and revenue
THG has reported a dip in revenue and profit as it also looks to demerge its technology platform Ingenuity.
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NewsKingfisher sales have slipped across several markets
Kingfisher has recorded a sales decline across several of its markets but said there were “resilient volume trends” in core product categories.
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NewsDunelm has gained more ground on John Lewis in homewares market share
Dunelm has put more space between itself and John Lewis in the league table of homeware market share.
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AnalysisSWOT analysis: As Dunelm’s sales keep growing, what are its strengths and weaknesses?
Dunelm delivered healthy sales growth despite operating within a subdued homeware sector, but how has it managed it? Where should it focus to find future growth, and what might be standing in the way of its success?
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NewsInditex has reported rising profits and sales as collections prove a hit with shoppers
Inditex, which owns the likes of Zara, Stradivarius and Bershka, has reported a surge in profits and sales during the first half of the year as all brands posted growth and product collections continued to prove a hit with consumers.
