All Financial results articles – Page 24
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NewsTopps Tiles unveils ‘Mission 365’ growth strategy amid sales drop
Topps Tiles has introduced a new growth strategy over the medium term as it posts a fall in profit and sales.
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NewsThe Works anticipates return to growth as it reports flat sales and revenue
The Works has said it expects to see a “return to profit growth” in the next financial year as it records flat revenue and sales.
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NewsAsda sales jump as owner Mohsin Issa hails ‘good progress’
Asda has announced an increase in total ex-fuel and like-for-like sales as owner Mohsin Issa said the supermarket made “good progress” in the quarter.
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NewsWalmart ups guidance as sales rise in first quarter
US retail giant Walmart has posted a sales increase for the first quarter and upped its guidance as it continues to win over upper-income consumers.
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NewsWatches of Switzerland sales hit by ‘minimal return’ of tourist shopping
Watches of Switzerland has reported flat sales for the full year of 2024 driven by a challenging trading environment and the “minimal return of tourist spending” in the UK.
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NewsAlibaba revenue growth despite decline in profits
Alibaba has posted growth in revenue in its full-year and quarterly results, despite profits plunging.
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NewsMiniso posts growth driven by global store expansion
Chinese general merchandise retailer Miniso has posted growth in revenue and profit as it continues to roll out stores at home and abroad.
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NewsNatura &Co losses widen as it explores ‘potential separation’ of Avon
Brazilian cosmetics giant and former owner of The Body Shop Natura &Co has posted widening losses as Avon International sales continued to fall in the first quarter of the year.
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NewsBurberry underperforms and warns of headwinds in luxury slowdown
Burberry has underperformed financially as it struggled with tepid demand for luxury clothing and accessories, and warns of more pressure to come.
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NewsAngling Direct posts ‘record’ UK performance
Specialist retailer Angling Direct has reported a rise in sales and market share as it achieved “record UK revenues” in the full year ending January 31, 2024.
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NewsGreggs posts like-for-like sales rise as it ‘builds capacity for further growth’
Greggs has made a strong start to the new financial year and is investing to power future growth.
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NewsCurrys to beat profit guidance after ‘strong finish to year’
Electricals specialist Currys expects annual profits to come in ahead of expectations after returning to like-for-like growth at group level.
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NewsBoohoo ‘well positioned’ for growth despite deepening losses
Fashion retailer Boohoo has said it is “well positioned to return to growth” despite widening losses and a drop in revenue and profit.
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NewsThe Fragrance Shop posts strong sales in ‘record-breaking year’
The Fragrance Shop has reported a “record-breaking year” as like-for-like sales increased 6.1% in the full year ending April 1.
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NewsZalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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AnalysisHow Lululemon is sprinting ahead in the UK sportswear market
While many may have expected Lululemon’s success to slow down after the pandemic, the retailer has surpassed expectations to be one of the fastest-growing brands in the UK. Retail Week explores how Lululemon is sprinting ahead
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NewsThe White Company credits ‘strong store performance’ for sales boost
The White Company has said its latest sales performance was driven by a “strong performance” from its stores as customers returned to the high street.
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NewsApple profits and revenue decline as demand for iPhone weakens
Apple has posted a decline in profits and revenue as sales of products, in particular iPhones, dropped.
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NewsLounge sales increase but profits fall due to rising expansion costs
Underwear and apparel retailer Lounge has posted a fall in profits, despite a rise in sales for the 2023 financial year, due to rising costs from its growth strategy.
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NewsPandora ups guidance as margin hits record high
Pandora has upped its revenue guidance as its gross margin hits record levels and a plan to “restage” the brand begins bearing fruit.