All Financial results articles – Page 16
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ArticlePets at Home boss: we must look at ‘every lever’ to mitigate budget costs
Pets at Home boss Lyssa McGowan told Retail Week that the business would have to consider “every lever” as it looks to mitigate new costs imposed on retail by the Budget.
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NewsPets at Home reveals Budget costs hit and lowers profit guidance in ‘subdued’ market
Pets at Home has disclosed the additional cost burden it must bear following the recent Budget and lowered profit expectations amid difficult trading conditions.
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NewsTopps Tiles sales hit by big-ticket slowdown
Topps Tiles saw sales drop as shoppers held back on big-ticket home improvement spending.
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NewsSosandar sales drop as it moves away from promotions
Sales at Sosandar dropped by almost 30% in the last six months as it changed its pricing to encourage more shoppers to pay full RRP on their purchases.
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NewsHalfords urges government to reform apprenticeship levy as sales and profits stall
Halfords has called on the government to urgently reform the apprenticeship levy, as sales and profits trended down in the first half.
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NewsAO upgrades guidance again as profits and sales soar
Electricals giant AO has again upgraded its full-year guidance as both profits and sales soared in the first half.
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NewsKingfisher has tightened its profit guidance as sales remain flat
DIY giant Kingfisher has tightened its full-year profit guidance after sales remained flat in the three months to October 2024.
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NewsUK retail sales fall in October after three months of growth
UK retail sales volumes fell in October after a marginal increase in September as retailers reported that Budget uncertainty affected sales.
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NewsSuperdry warns of profit decline as sales slide after London stock market exit
Superdry has warned on profitability for the year ahead as sales fell during the current financial year following the fashion retailer’s departure from the London Stock Exchange in bid for survival.
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NewsJD Sports says profit will be at lower end of guidance after ‘volatile’ sales
JD Sports said it now expects full-year profits to be at the lower end of its guidance range after “volatile” trading in October.
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NewsOnline sales in November off to ‘poor start’ ahead of Black Friday weekend
November ecommerce sales have gotten off to a “poor start” as sales dipped in the first two weeks of the month, according to IMRG’s online retail index.
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NewsSpace NK sales and profits rise driven by growth in active customer base
Space NK posted a growth in sales and profits in the year ending March 2024 driven by customer growth across generations.
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NewsLidl records highest growth in customer visits of any supermarket as profits increase
Lidl has revealed it experienced the highest growth in customer visits of any supermarket last year, as revenues and profits increase.
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NewsAnn Summers axes jobs in bid to cut mounting costs
Exclusive: Lingerie and sex toy retailer Ann Summers is laying off tens of employees across the business in a bid to cut mounting costs.
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NewsRevolution Beauty hails ongoing ‘transformation’ as profits rise but sales dip
Cosmetics retailer Revolution Beauty has reported an increase in profits for the first half of the financial year despite declining sales amid “year of transformation”
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NewsMulberry losses widen and sales slide as it looks to ‘rebuild’ and ‘reprioritise’ brand
Luxury fashion and accessories retailer Mulberry has reported deepening losses and falling sales as focus shifts on need to “reprioritise” and “rebuild” business.
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NewsAsos boss Ramos Calamonte receives bumper pay rise despite deepening losses
The boss of fashion giant Asos has received an almost 44% pay rise amid a turnaround at the retailer following mounting full year losses.
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NewsHuel posts record sales and triples profits in year of ‘strengthening our foundations’
Huel’s sales for the 2024 financial year surged past £200m for the first time, as its profits more than tripled to £13.8m in the year. It also completed construction of its in-house manufacturing facility in Milton Keynes.
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NewsAllSaints shows commitment to bricks-and-mortar with raft of international store openings
Fashion retailer AllSaints is ramping up its international expansion strategy with a raft of new store openings worldwide.
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NewsBoohoo chief executive says all options are on the table as he commences business review
Boohoo’s new chief executive Dan Finley said he is considering all options as the retailer commenced a review of the business after losses deepened.