Retail Week looks ahead to the next seven days with updates from Quiz, Pets at Home, Topps Tiles and Intu all on the agenda.
The fast-fashion retailer reports its interim figures on Tuesday, November 27.
Quiz issued a profit warning last month despite only floating in 2017. Quiz said lower than expected sales through third parties, the performance of its own shops and concessions, and the impact of House of Fraser’s demise would hit first-half EBITDA expectations to the tune of £1.5m.
The retailer will make “not less than” £5.5m, however.
Pets at Home
The pets specialist will post its half-year results on Tuesday.
Pets at Home is currently attempting to drive sales by lowering prices, but this hit its profits at its full years. Pre-tax profits shrank 16.6% but Pets at Home insisted that its strategy had delivered “positive results faster than expected”.
The tile specialist will report its final results on Tuesday. Topps Tiles has said that it will beat profit expectations because of rising like-for-likes in its fourth quarter. Like-for-likes over the 52 weeks were flat versus a decline of 2.9% the previous year.
Friday brings the updated deadline for John Whittaker’s takeover of Intu. The property giant is mulling a takeover by its deputy chair Whittaker and a consortium comprised of Saudi Arabian and Canadian investors.