All Financial results articles – Page 213
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NewsAbsorbing price rises will cost Primark £20m
Analysts forecast that Primark could take a hit of up to £20m on profit margins this year as it absorbs input price rises to continue to offer its cheap chic fashion.
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NewsOverseas helps Clarks profits to break £100m
Clarks’ group pre-tax profit has topped £100m for the first time in its 185 year history despite a “challenging” UK market.
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NewsBest Buy Mobile powers Carphone Warehouse fourth quarter performance
Carphone Warehouse has posted strong fourth quarter growth, powered by its Best Buy Mobile venture in the US.
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NewsBlacks reduces full-year losses and confirms Julia Reynolds as new boss
Blacks Leisure has reported a reduction in its full-year pre-tax loss and exceptional items to £6.6m from £14.4m the previous year but still suffered a “disappointing” year and has confirmed Julia Reynolds as its new chief executive.
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NewsMonsoon pre-tax profits triple
Monsoon said that pre-tax profits more than tripled to £98.2m for the year to August 28, 2010, up from £27.9m the previous year.
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NewsThorntons warns on profits
Thorntons’ own store sales like-for-likes fell 12.6% in its third quarter and the chocolatier warned on profits.
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NewsSports Direct stock rises despite tough trading
City confidence that Sports Direct will achieving its £215m EBITDA target in 2012 rose following a 7.3% jump in gross profits despite tough trading conditions.
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NewsStaff cuts planned despite rise in retail employment
Retail employment edged up 0.5% in the first quarter of 2011 - the equivalent of 3,400 more full-time jobs - but almost one third of retailers expect to cut staffing levels in the current quarter.
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NewsAmazon sales rise but earnings fall following investment in business
Online giant Amazon has reported a 31% increase in first quarter sales to $4.39bn at its international division, which includes the UK.
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NewsSavers narrows full-year losses
Value health and beauty retailer Savers has reported an operating loss before exceptionals, interest and tax of £7.8m in the year to December 25 but said the loss was expected as part of its turnaround plan.
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NewsJoules to record profits leap and denies sale of stake
Lifestyle brand and retailer Joules has delivered a 27% like-for-like sales increase in year to April, according to founder Tom Joule.
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NewsSports Direct to extend share bonus scheme after profits rise
Sports giant Sports Direct is to extend its bonus share scheme after partially attributing a sales and earnings rise to its success.
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NewsBurberry expects profits at top end of expectations after strong Q4
Burberry expects its adjusted pre-tax profit to be at the top end of market expectations as the retailer reported a 33% surge in sales for the fourth quarter to March 31.
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NewsTesco reports £3.7bn profits, but UK can "do better"
Tesco has reported trading profit up 7.8% to £3.7bn with strong growth in Asia, but the grocer said it needs to “do better” in the UK.
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NewsFeelunique.com sales and profits rise
Online beauty retailer Feelunique.com has reported a rise in sales and profits for the year to the end of March 2011.
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NewsDebenhams boss Templeman to stand down
Debenhams chief executive Rob Templeman is to retire later this year and hand the reins to his deputy, Michael Sharp.
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NewsAsos sales up 70% in Q4 driven by soaring international sales
Asos’ group sales soared by 70% in its fourth quarter driven by its growing international arm which overtook the UK for the first time.
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NewsFlying Brands suffers difficult Q1
Flying Brands has suffered a difficult first quarter with like-for-like orders excluding businesses acquired in 2010 slumping 19.8%below last year.
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NewsHalfords Q4 retail like-for-likes down 6.8%
Halfords has reported a tough fourth quarter with retail like-for-likes down 6.8%, and the cycles and automotive retailer is implementing a share buyback programme of up to £75m.
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NewsM&S general merchandise suffers but food holds up
Marks & Spencer has reported a dip in general merchandise like-for-likes but food sales held up.