All Financial results articles – Page 218
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NewsWolfson remains cautious despite strong performance from Next
Next chief executive Lord Wolfson remained cautious this week despite reporting better than expected sales, warning that any rises in commodity prices or interest rates could slow growth.
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AnalysisReasons to be cheerful
The bank holiday festivities are over and it is back to the grind of tough trading and ferocious competition. But it’s not all doom and gloom for the industry. Here we highlight why there is plenty of reason for optimism…
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NewsThorntons melts in the Easter heat
Thorntons’ poor third quarter resulted from the competitive environment and a structural shift from the high street as well as the warm Easter weather, City analysts said.
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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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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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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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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.