All Financial results articles – Page 2
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Opinion‘B&M may not shoot the lights out this Christmas, but next may be more important’
A renewed emphasis on retail detail under new leadership may help B&M in the longer term after a lacklustre start to this year’s golden quarter, says George MacDonald
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NewsThe Works ‘pleased with progress’ despite broadly flat sales
The Works said it was “pleased with the progress” of its new strategy, despite reporting broadly flat sales growth in the first half.
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NewsMarks Electrical CEO sees green shoots despite falling profits and revenues
Marks Electrical profits and revenues have fallen after the retailer focused on “repositioning its inventory” in the first half, but its chief executive sees signs of recovery after returning to profitability in October.
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NewsB&M profits slump as CEO shuffles leadership team
B&M profits plunged in the first half of the financial year, as the retailer’s new chief executive made sweeping changes to his leadership team.
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NewsWatches of Switzerland hails ‘standout’ US performance
Watches of Switzerland has posted a strong first half driven by a “standout” performance in the United States and said demand for luxury watches continued to exceed supply.
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NewsSainsbury’s ups profit guidance to over £1bn
Sainsbury’s expects its underlying operating profit for the year will be more than £1bn, following strong summer sales and cost savings.
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AnalysisThe City’s verdict after ABF mulls potential Primark decoupling
After Primark-owner Associated British Foods made the shock announcement this morning that it was weighing up spinning off Primark, Retail Week judges the City’s verdict.
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NewsABF considers spinning off Primark from wider business
Food and retail giant Associated British Foods has today announced it is undertaking a review of its group structure with an eye to possibly splitting up its Primark and food businesses.
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NewsSpecsavers reports record turnover as it looks to global expansion
Specsavers has reported record turnover and growing profits as it focuses on reinvesting in its store estate and expanding internationally, Retail Week can reveal.
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NewsMe+Em ramps up expansion plans as US sales rocket
Me+Em has appointed a new chief commercial officer to spearhead the next phase of its expansion after enjoying strong sales and profit growth.
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NewsAdidas upgrades forecast despite weaker North American sales
Adidas has upgraded its profit forecast for the financial year despite reporting softer sales in its North American division.
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NewsSuperdry back in the black despite ‘softer top-line sales’
Superdry has swung back to a profit for the financial year, as cost savings and reductions offset the drag of softer topline sales on revenues.
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NewsNext upgrades profit guidance as sales soar
Next has again upgraded its full-year profit guidance, after soaring sales outstripped predictions for the third quarter.
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NewsFenwick slashes losses as focus on sales and margin builds momentum
Department store group Fenwick has delivered a significant improvement in financial performance, Retail Week can reveal.
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NewsOka losses narrow as premium homewares market proves ‘resilient’
Luxury homewares brand Oka has reported flat sales and narrowing losses for the year, with its chief executive highlighting the “resilience” of the premium end of the home market.
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NewsVery Group delivers record earnings after ‘year of real progress’
The Very Group has hailed “a year of real progress” after it posted its highest EBITDA margin recorded in the online group’s 22-year history.
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NewsAllSaints profits rocket despite sales dip
AllSaints profits surged in its most recent financial year, despite a dip in sales, as the fashion retailer benefited from margin improvement initiatives.
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NewsNeptune hails return to 'historic levels' of EBITDA
Chief executive of premium home and furniture brand Neptune announced that momentum at the retailer had returned as it reached the end of its financial year.
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NewsShoe Zone sales drop as it awaits Budget before giving future outlook
Shoe Zone has seen a decline in revenue as it battles with store closures, declining consumer confidence, and effects from the last autumn Budget.
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NewsDunelm sales increase as it invests in new app
Homewares retailer Dunelm has reported an increase in sales, driven by higher volumes sold and investment in its app.