All Financial results articles – Page 11
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NewsB&M and Poundland in running to save Wilko
Value retailers including B&M and Poundland are eyeing possible bids for struggling retailer Wilko after it fell into administration.
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NewsMarks & Spencer upgrades profits as sales grow
M&S has upgraded its profit outlook after growing market share in its clothing and home and food businesses.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsNext increases full-year profit guidance as sales jump
Next has increased its full-year guidance for group profit before tax by £10m, following a “much better than expected” period of full-price sales.
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NewsGreggs maintains profit guidance as sales rise
Greggs has reported an increase in sales and profits following “strong trading momentum” in its first half of the financial year and has maintained its full-year guidance.
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NewsLVMH revenue rises as brands continue to thrive
Luxury goods conglomerate LVMH posted an “excellent first half” as it saw strong revenue growth across its fashion and beauty divisions.
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NewsWickes rolls out share buyback programme
Wickes has launched a £25m share buyback programme to return “surplus cash” to shareholders after improved second-quarter trading.
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NewsAdidas banks £439m as demand for Yeezys soars
Global sportswear giant Adidas received orders worth more than €508m (£439m) for 4 million pairs of Yeezy shoes as it decided to sell the remaining stock of the highly popular line to prevent further losses.
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NewsMatalan remains confident on outlook despite fall in revenue
Matalan has posted a drop in revenue following a “challenging” first quarter, despite remaining “confident” in its full-year profit outlook.
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NewsPret returns to profit driven by subscription service
Pret a Manger has reported its first profit increase since 2018 as strong demand for its subscription service helped the group bounce back.
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NewsIceland invests £26m in slashing prices on 500 items
Frozen food specialist Iceland has invested £26m in slashing prices on 500 “weekly shop items” and in putting a third of its entire range into its “mix and match” multibuy offering.
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NewsVirgin Wines profits slow ‘in line with expectations’
Virgin Wines reported a full-year trading performance “in line with expectations” driven by a disciplined approach to customer acquisition, positive trends on conversion and cancellation rates, and a resilient WineBank loyalty scheme.
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NewsDFS reaches ‘strongest ever’ market share despite challenging market
Furniture specialist DFS reported a record market share of 38% driven by “the group’s leading brands, scale and well-invested integrated retail proposition”.
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NewsBurberry sales jump as core categories perform strongly
Luxury brand Burberry has reported a jump in sales, as core categories for the brand such as outerwear and leather goods performed well.
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NewsPepco revenue rises despite ‘challenging trading environment’
Pepco has reported a growth in revenue despite facing a “challenging trading environment” in April and May across central Europe.
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NewsSuperdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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NewsShoe Zone ups profit guidance as demand climbs
Shoe Zone has increased its profit guidance by almost a third as demand for value soars during the cost-of-living crisis.
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NewsLush’s plastic-free collection crosses £1m global sales in a week
Lush’s latest plastic-free collection in collaboration with Spongebob Squarepants has crossed £1.3m in global sales since launching at the end of June.
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NewsIceland ‘confident’ about making highest profit for a decade
Iceland has revealed forecasts that show it will make its highest profit for a decade this year.
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AnalysisWhat Currys and AO results tell us about electricals sector
Two of the UK’s biggest electricals retailers announced their full-year results this week, which revealed a mixed picture for both groups.