All Financial results articles
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NewsVery Group losses deepen as sales remain flat
The Very Group saw its losses deepen during its third quarter and sales remained flat, despite a strong performance in its high-margin home category.
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NewsThe Works expects profits to beat expectations following ‘outperformance’
Books, arts and crafts, and toys retailer The Works has reported that full-year profits will be higher than anticipated as its growth strategy bears fruit.
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NewsM&S grows second-half profits despite cyber chaos
Marks & Spencer says the worst is behind it after a cyber attack caused chaos in stores and froze its online operations, reporting second-half profit growth as it sets out plans for its biggest expansion in years.
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NewsTopps Tiles ‘a market outperformer’ despite falling profits
Topps Tiles chief executive Alex Jensen said the retailer “remains a market outperformer”, despite reporting a slump in pre-tax profits.
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NewsDr Martens hails turnaround strategy as it returns to profit growth
Footwear retailer Dr Martens has returned to profit growth, with chief executive Ije Nwokorie hailing the business’s progress to “a consumer-first operating model”.
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NewsCurrys upgrades profits and gives update on search for new chief executive
Currys has upgraded its full-year profit guidance and said that its search for a new chief executive to replace outgoing Alex Baldock is “progressing well”.
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NewsTesco boss Ken Murphy’s salary soars after market share gains
Tesco boss Ken Murphy took more than £1m pay rise last year, bringing his total pay packet to over £10m.
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NewsWatches of Switzerland hails ‘phenomenal’ US performance
Watches of Switzerland has upgraded its profit guidance after enjoying record sales in the US and an improving performance in the UK market.
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NewsBurberry returns to profit driven by a strong fourth quarter
Luxury fashion group Burberry has seen a return to full-year profit as the fourth quarter drove strong sales across most markets.
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NewsLandsec sees retail occupancy reach 20-year high as it expects future ‘healthy’ income growth
Property giant Landsec has said it expects a “healthy” like-for-like income growth in the future as retail occupancy hits a 20-year high.
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NewsGousto revenues grow as it delivers third consecutive year of profitability
Recipe box retailer Gousto has reported its third consecutive year of profitability, with EBITDA and sales both growing.
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NewsSun, sea and sausage rolls as Greggs opens first travel store outside UK
The British baker is set to open a branch in Tenerife South Airport in partnership with Lagardère Travel Retail.
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NewsJD Sports delivers ‘resilient’ performance as profits slide
JD Sports reported a drop in pre-tax profits but posted modest organic sales growth in a “resilient” performance amid tough conditions.
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NewsZalando cites AI and About You integration for double-digit revenue increase
Fashion retailer and tech provider Zalando has said revenue was up by 23.8% in the first quarter of the year, with adjusted EBIT reaching €65m.
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NewsNext to raise overseas prices due to Middle East conflict
Fashion giant Next has said it will implement “moderate” price increases in some international territories and pair them with “operational cost savings”.
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NewsCastore boss hails ‘strong performance’ despite deepening losses
Sportswear retailer Castore’s boss Tom Beahon has hailed another “strong performance” from the business, despite posting deepening losses for the year.
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NewsAdidas gears up for bumper year after strong first quarter
Adidas is anticipating a strong financial performance this year, despite several headwinds, as it gears up for a summer of sport.
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NewsHalfords to hit top end of profit expectations
Halfords is expected to hit the top end of its pre-tax profit range following strong trading and further gross margin expansion.
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NewsCard Factory performance impacted by slow high street footfall
Card Factory has posted an increase in full-year sales, but reported slow high street footfall had impacted its performance.
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NewsSainsbury’s in consultation with Tu clothing staff ahead of restructuring
Sainsbury’s is currently in consultation with Tu clothing staff about a reshaping of its fashion business that will lead to job cuts, Retail Week understands.