All Financial results articles – Page 11
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NewsH&M profits hit by ‘negative external factors’ and increased markdowns
Swedish fashion giants H&M have reported a dip in profits in the first quarter, driven by “negative external factors”, increased markdowns of products and investment.
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NewsNext upgrades profits and sales guidance after strong start to the year
Next has upgraded its full price sales and pre-tax profit guidance for the current financial year after trading in the first eight weeks of the period were ahead of expectations.
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NewsMorrisons sales jump as grocer ramps up cost-cutting targets
Morrisons’ sales for the first quarter jumped, as the retailer increased its cost savings target by £300m to £1bn in the “medium term”.
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NewsVirgin Wines reports ‘resilient’ sales and profits as it targets £100m in revenue
Virgin Wines hailed “strong profitability” during the first half.
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InterviewQ&A: Kingfisher CEO Thierry Garnier on his ‘bullish mitigation’ of rising costs
B&Q and Screwfix-owner Kingfisher’s chief executive Thierry Garnier and chief financial officer Bhavesh Mistry talk about rising costs, the AI revolution, Homebase and more.
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NewsAO profit expected to come in at top end of guidance
Electricals retailer AO expects its profit to come in at the top end of its guidance range as its adjusted profit before tax grows faster than sales.
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NewsKingfisher profit drops as ‘big ticket’ demand weakens
The retail group, which owns B&Q and Screwfix, reported a 7% fall in profit in 2024/25 with sales also declining on the year before.
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NewsAsos ups profit outlook as own-brand sales return to growth
Asos told the City that it expects a “significant improvement” in profitability during the first half of the financial year.
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NewsFootasylum hails ‘best-ever’ performance amid ongoing store investment
Footasylum has reported its “best-ever” financial performance as it continues to invest in its store estate and omnichannel retail experience.
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NewsWickes profits fall despite ‘strong progress’ and growing market share
Home & DIY specialist Wickes has reported a fall in annual profits and sales despite hailing 2024 a year of “strong progress” for the business as it continued to grow market share.
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NewsAsda profits improve off the back of strong George performance
Asda has reported an improvement in profits driven by a strong non-food performance headlined by clothing giant George.
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NewsDFS CEO: market stablising rather than recovering
The chief executive of DFS has said that the wider market slowdown surrounding ‘big-ticket’ purchases is stabilising, rather than recovering.
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NewsJohn Lewis profits triple as it hails ‘progress’ of ongoing transformation
The John Lewis Partnership’s profits have tripled which it says is a ”significant testament” to its ongoing transformation strategy.
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NewsInditex boss hails ‘strong commitment to growth’ as sales and profits jump
Inditex said it had a “strong commitment to profitable growth”.
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NewsMango goes from strength to strength as profits and sales soar
Spanish fashion giant Mango has delivered another strong set of results, reporting an increase in both turnover and profits.
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NewsAbercrombie & Fitch reports strong sales as it continues to target growth
US fashion retailer Abercrombie & Fitch has reported strong sales and profits during its fourth quarter and for the full year
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NewsGames Workshop lifts guidance after 2025 starts with strong trading
Games Workshop has said sales have been ahead of expectations in January and February, with “strong trading” across both the core business and licensing.
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NewsGreggs exceeds £2bn sales for the first time
Greggs has reached a record £2bn in sales for the first time and the brand is “in better shape than ever” as it opens its 2,600th shop.
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NewsOak Furniture Land CEO: ‘We should be able to take better market share’
The boss of Oak Furniture Land said its focus is now to be more dominant new categories and “take better market share”, following a period of consistent like-for-like growth.
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NewsTK Maxx owner TJX ‘exceeds guidance’ with improvement to store sales
TK Maxx’s parent company TJX has reported that the group has “exceeded guidance” as store sales perform better than expected.