All Financial results articles – Page 2
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NewsTesco boss Ken Murphy’s salary soars after market share gains
Tesco boss Ken Murphy took more than £1m pay rise last year, bringing his total pay packet to over £10m.
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NewsWatches of Switzerland hails ‘phenomenal’ US performance
Watches of Switzerland has upgraded its profit guidance after enjoying record sales in the US and an improving performance in the UK market.
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NewsBurberry returns to profit driven by a strong fourth quarter
Luxury fashion group Burberry has seen a return to full-year profit as the fourth quarter drove strong sales across most markets.
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NewsLandsec sees retail occupancy reach 20-year high as it expects future ‘healthy’ income growth
Property giant Landsec has said it expects a “healthy” like-for-like income growth in the future as retail occupancy hits a 20-year high.
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NewsGousto revenues grow as it delivers third consecutive year of profitability
Recipe box retailer Gousto has reported its third consecutive year of profitability, with EBITDA and sales both growing.
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NewsSun, sea and sausage rolls as Greggs opens first travel store outside UK
The British baker is set to open a branch in Tenerife South Airport in partnership with Lagardère Travel Retail.
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NewsJD Sports delivers ‘resilient’ performance as profits slide
JD Sports reported a drop in pre-tax profits but posted modest organic sales growth in a “resilient” performance amid tough conditions.
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NewsZalando cites AI and About You integration for double-digit revenue increase
Fashion retailer and tech provider Zalando has said revenue was up by 23.8% in the first quarter of the year, with adjusted EBIT reaching €65m.
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NewsNext to raise overseas prices due to Middle East conflict
Fashion giant Next has said it will implement “moderate” price increases in some international territories and pair them with “operational cost savings”.
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NewsCastore boss hails ‘strong performance’ despite deepening losses
Sportswear retailer Castore’s boss Tom Beahon has hailed another “strong performance” from the business, despite posting deepening losses for the year.
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NewsAdidas gears up for bumper year after strong first quarter
Adidas is anticipating a strong financial performance this year, despite several headwinds, as it gears up for a summer of sport.
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NewsHalfords to hit top end of profit expectations
Halfords is expected to hit the top end of its pre-tax profit range following strong trading and further gross margin expansion.
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NewsCard Factory performance impacted by slow high street footfall
Card Factory has posted an increase in full-year sales, but reported slow high street footfall had impacted its performance.
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NewsSainsbury’s in consultation with Tu clothing staff ahead of restructuring
Sainsbury’s is currently in consultation with Tu clothing staff about a reshaping of its fashion business that will lead to job cuts, Retail Week understands.
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NewsAsos shows ‘topline improvement’ as losses narrow and customer base grows
Asos has reported early signs of “topline improvement” as its losses narrow, and it has grown new customers.
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NewsWHSmith revenues rise but it warns of Middle East impact on summer travel
WHSmith saw its revenue rise across the business, but it is cautious about the outlook as conflict in the Middle East is set to disrupt summer travel.
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NewsSainsbury’s ‘outperforms market’ as sales continue to grow
Supermarket Sainsbury’s has said it has “outperformed the market” for six years in a row as it reported rising sales.
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NewsTesco unveils £750m share buyback scheme
Grocery giant Tesco has launched a share buyback scheme in a bid to reduce its share capital.
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NewsJD Sports chair Andy Higginson to step down
JD Sports has confirmed that chair Andy Higginson will be stepping down from the retailer in the summer.
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NewsPrimark profits fall as parent ABF presses button on demerger
Fashion giant Primark is to be demerged, owner ABF has confirmed, as the retailer posted a fall in first-half earnings.