All Financial results articles – Page 12
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AnalysisOcado moves out of R&D phase, hoping for positive cash flow next year
The multifaceted technology and retail business is in for a year of big changes. It is hoping that its big spend on tech will start to bring dividends
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NewsOcado losses narrow as it ‘significantly’ improves revenue
Ocado Group has delivered narrowing losses and “significantly” improved revenues and cash flows.
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NewsIssa brothers' EG Group posts ‘strong trading’ and profit growth
EG Group has reported “strong trading” in which it saw profits rise driven by growth in the US and Europe.
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NewsLandlord Hammerson hails ‘transformative’ year as new stores drive sales
Hammerson, which owns shopping centres including Brent Cross, Bullring & Grand Central and The Oracle among others, has said it is a “repositioned business” going into 2025 following a “transformative and successful” year.
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NewsVictorian Plumbing sees rise in revenue after growth initiatives
The increase, for the first 21 weeks of FY25, comes after the opening of a semi-automated distribution centre in December 2024.
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NewsShein’s profits have plummeted ahead of London listing
Fast-fashion giant Shein’s profits plummeted by more than a third last year, according to reports, ahead of its highly-anticipated London listing.
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NewsWalmart sales and income climb as media business grows
Top retailer Walmart has posted a rise in sales and earnings, bolsted by its fast-growing advertising business.
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NewsThe Very Group has delivered an ‘improved performance’ as profit grows
The Very Group has recorded an “improved performance” as it saw profits rise but its revenue slipped.
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NewsClub L London’s sales have surged as it targets global expansion
Fashion retailer Club L London has seen its turnover rocket in its most recent financial year as it targets international expansion in 2025.
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NewsThe Perfume Shop has recorded strong Valentine’s sales
The Perfume Shop has reported higher sales in the lead-up to Valentine’s Day as consumers flocked to the stores to buy gifts.
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NewsDunelm sales climb as chief executive steps down
Dunelm’s chief executive Nick Wilkinson has announced his intention to step down from the business he guided through Covid, after it recorded another sales rise in the first half and moved towards the opening of its 200th store.
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NewsAmazon retail sales beat analyst expectations as AI push continues
Executives told analysts that Amazon would up capital expenditure by 20%, with the majority dedicated to artificial intelligence infrastructure.
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NewsEstée Lauder has reported a drop in sales as it widens job cuts
Estée Lauder Companies has reported a decline in second quarter sales as it announces more job cuts.
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NewsJohn Lewis and Waitrose ‘missed sales targets’ in the run-up to Christmas
John Lewis Partnership is reported to have recorded lower sales and profits than expected in the lead-up to Christmas.
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NewsSavers is planning to open 30 new stores across the UK in 2025
Value health and beauty chain Savers is planning to open 30 new stores in the UK this year, with a particular focus on the southeast of England.
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NewsMorrisons hails ‘broad based progress’ as profits and revenues jump
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
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NewsCastore scores big over Christmas with ‘strongest ever sales performance’
Sportswear brand Castore has enjoyed a “record Christmas” hailing its “strongest ever trading performance” over the period.
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NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
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NewsHalfords has upgraded its profit guidance following strong sales
Halfords has upgraded its profit guidance for the full year as it cites recent trading and “continued strategic progress”.
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NewsJollyes sales soar as it embarks everyday low pricing model
Jollyes has posted strong Christmas trading results alongside a new commitment to shun loyalty prices for a new everyday-low-pricing model.