All Financial results articles – Page 220
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NewsMidcounties reports record half-year profits
Midcounties Co-operative has reported a rise in sales and record half-year profits, but is still forecasting that 2011 will be a ‘tough year’ because of the forthcoming public sector job cuts.
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NewsPaperchase profits hit by closure of Borders
Paperchase suffered a slide in profits last year as the closure of bookseller Borders hit the card and stationery retailer’s bottom line.
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NewsJJB takes cautious approach as volatile trading continues
JJB Sports slashed losses in its first half but investors took fright at volatile trading conditions since.
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NewsGame eyes opportunities despite £18.8m loss
Game recorded a worse than expected first-half loss but new chief executive Ian Shepherd said there were “clear opportunities” when the market bounces back.
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NewsJJB cuts losses but prepares for promotional blitz
JJB Sports has hailed “steady progress” in its turnaround after cutting losses and fattening margins in its first half.
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NewsVAT rise won’t hurt us, says JD Sports Fashion
JD Sports Fashion expects to feel little impact from the VAT rise in January and has posted a surge in first-half profits.
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NewsInvestments eat into River Island’s profits
River Island grew its sales nearly 8% last year, but profits fell as the company invested in the business, and trading conditions so far this year have proved challenging.
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NewsKesa pleases despite Comet concerns
Kesa Electricals, which owns UK chain Comet, posted first-quarter figures last week.
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NewsDunelm profits surge as Adderley passes baton
Value homewares retailer Dunelm reported a profit surge of 46% in its full year as it revealed that Will Adderley, its chief executive of 15 years, will step down.
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NewsAlexon posts rise in profits
Womenswear group Alexon recorded a rise in profits for the 26 weeks to July 31 despite tough trading conditions.
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NewsHouse of Fraser celebrates Biba success as profits soar
The relaunch of iconic fashion brand Biba has gone down a storm with shoppers and first-half profits have leaped, House of Fraser reported.
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NewsVoucher demand boosts Park Group sales
Park Group, the Christmas hamper and gift voucher company, reported that trading in the first quarter of its financial year went well thanks to growing demand for corporate vouchers and online sales.
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NewsProfits leap at JD Sports Fashion
JD Sports Fashion has posted a 64% rise in profits and expects continued growth.
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NewsLike-for-likes fall at Beales
Department store group Beales has posted a 1.7% fall in like-for-like sales,including concessions and VAT, after a fall-off in demand for big ticket items.
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NewsStore Twenty One expands as cost-saving meaasures cut losses
Value retailer Store Twenty One reduced losses by £15m last year but fell short of making its first profit in a decade.
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NewsSuperGroup Q1 sales rocket 60%
Fashion specialist SuperGroup, owner of the ultra-trendy Superdry brand, posted a 60% rise in sales for the three months to August 1.
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NewsKingfisher reports profits surge but warns on ‘fragile’ outlook
Kingfisher group adjusted pretax profit surged 22.9% to £354m in the 26 weeks to July 31, but warned that the “outlook for consumer spending is fragile”.
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NewsDunelm profits up, Halfords FD Nick Wharton to become new CEO
Dunelm has reported a pre-tax profit surge of 46% to £76.8m in its full year, and revealed that chief executive Will Adderley will assume the new role of executive deputy chairman with Halfords group finance director Nick Wharton taking over as chief executive.
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NewsNext boss Simon Wolfson: ‘No meltdown in consumer spending’
Next chief executive Simon Wolfson said he expects no double dip recession or a “meltdown in consumer spending” as he issued half-year results.
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NewsStephen Marks: French Connection ‘back on track’
French Connection is “back on track” founder and chairman Stephen Marks has declared after interim results showed a return to the black.