All Financial results articles – Page 9
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News
Natura &Co losses widen as it explores ‘potential separation’ of Avon
Brazilian cosmetics giant and former owner of The Body Shop Natura &Co has posted widening losses as Avon International sales continued to fall in the first quarter of the year.
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Burberry underperforms and warns of headwinds in luxury slowdown
Burberry has underperformed financially as it struggled with tepid demand for luxury clothing and accessories, and warns of more pressure to come.
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Angling Direct posts ‘record’ UK performance
Specialist retailer Angling Direct has reported a rise in sales and market share as it achieved “record UK revenues” in the full year ending January 31, 2024.
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Greggs posts like-for-like sales rise as it ‘builds capacity for further growth’
Greggs has made a strong start to the new financial year and is investing to power future growth.
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Currys to beat profit guidance after ‘strong finish to year’
Electricals specialist Currys expects annual profits to come in ahead of expectations after returning to like-for-like growth at group level.
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Boohoo ‘well positioned’ for growth despite deepening losses
Fashion retailer Boohoo has said it is “well positioned to return to growth” despite widening losses and a drop in revenue and profit.
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The Fragrance Shop posts strong sales in ‘record-breaking year’
The Fragrance Shop has reported a “record-breaking year” as like-for-like sales increased 6.1% in the full year ending April 1.
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Zalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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Analysis
How Lululemon is sprinting ahead in the UK sportswear market
While many may have expected Lululemon’s success to slow down after the pandemic, the retailer has surpassed expectations to be one of the fastest-growing brands in the UK. Retail Week explores how Lululemon is sprinting ahead
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News
The White Company credits ‘strong store performance’ for sales boost
The White Company has said its latest sales performance was driven by a “strong performance” from its stores as customers returned to the high street.
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Apple profits and revenue decline as demand for iPhone weakens
Apple has posted a decline in profits and revenue as sales of products, in particular iPhones, dropped.
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News
Lounge sales increase but profits fall due to rising expansion costs
Underwear and apparel retailer Lounge has posted a fall in profits, despite a rise in sales for the 2023 financial year, due to rising costs from its growth strategy.
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News
Pandora ups guidance as margin hits record high
Pandora has upped its revenue guidance as its gross margin hits record levels and a plan to “restage” the brand begins bearing fruit.
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News
Mulberry sales slow as demand for luxury wanes
Luxury fashion and accessories retailer Mulberry has posted a decline in sales during the full financial year as declining consumer spend on luxury goods took its toll.
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Wickes holds firm on outlook despite dip in DIY sales
Wickes has maintained its profit expectations for the full year, despite a decline in sales in an “uncertain” trading environment.
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Next maintains guidance as quarterly sales rise
Fashion giant Next has maintained its full-year guidance as sales increased in its first quarter.
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News
Amazon sales surge driven by AI and advertising
Amazon has posted a surge in sales during its first quarter, helped by the appeal and success of its AI and advertising capabilities.
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News
Flying Tiger Copenhagen reports ‘record sales’ as it expands into seven new markets
Danish retailer Flying Tiger Copenhagen has posted growth in revenue and sales, as well as seeing its “best quarter ever” in terms of sales for Q4 2023.
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News
Sainsbury’s sales soar as food first strategy pays off
Sainsbury’s has reported growth in sales with record market share gains and volumes driven by a strong performance by the supermarket’s food division.
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News
Luxury retail group Kering warns on profits as sales slide
Gucci owner Kering has warned on profits during the first half of the year as sales slipped at the luxury fashion house during its first quarter.