All Financial results articles – Page 246
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News
Pre-tax profits at Metro plummet
Pre-tax profits at grocer Metro plummeted almost 50 per cent in its first quarter to e84m (£74.8m). Sales also fell 2.5 per cent to e15.2bn (£13.5bn) in the three months to the end of March.
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NewsNext reports solid first quarter
Next has benefitted from a late Easter and warm weather with a better than expected first quarter.Total retail sales were up 1.1 per cent in the 14 weeks to May 2 with like for likes down 2.3 per cent, well ahead of Next’s estimates of between -6 and -9 per ...
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NewsHMV reports strong growth but books remains weak
HMV UK and Ireland has reported like-for-like growth of 4.3 per cent for the 16 weeks ending April 25 while Waterstone’s like-for-likes slumped 4.5 per cent.
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NewsHome Retail Group posts 24 per cent fall in preliminary profits
Home Retail Group, owner of the Argos and Homebase chains, has warned of continued tough trading conditions ahead after posting a 24 per cent fall in preliminary profits.
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NewsDunelm enjoys sales lift
Dunelm has reported an improving performance with like-for-like sales up 2.3 per cent in the 17 weeks to April 25.
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NewsCarpetright like-for-likes continue to slump as margins slip
Carpetright’s like-for-like sales have continued to tumble but it has successfully renegotiated its banking terms.
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NewsN Brown defies downturn with solid year
N Brown has continued to outperform the market with underlying pre-tax profits soaring 11.3 per cent to £82.7m in its full year to February 28.
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NewsAlexon profits dive as Bay Trading suffers tough competition
Fashion group Alexon has revealed that pre-tax profits before exceptionals plummeted to £3.5m in its full year to January 31, from £16.4m the year before.After exceptionals of pre-tax losses were £27.7m, down from a £12m profit in 2008.Turnover fell 4.5 per cent to £250.3m with like for like sales down ...
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NewsPrimark first half sales hit £1bn
Primark outperformed the fashion market with sales breaking the £1bn mark in its first half, but warned margins will come under increasing pressure.
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NewsBurberry set to hit market expectations
Burberry said it will hit market expectations for its full year pre-tax profits after revenue for its second half to March 31 grew 2 per cent.
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NewsHalfords to axe standalone bike fascias
Halfords is to close its standalone Bikehut and Cycle Republic stores as it revealed a group sales drop of 1.7 per cent in the first quarter of the year.
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NewsGap sales continue to slide
Gap sales have continued to fall, down 6 per cent for the five weeks to April 4 on last year with comparable sales down 8 per cent.Comparable store sales in March, although down, were an improvement on the same period last year, when like-for like-sales dived 18 per cent.International sales, ...
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NewsAldi sales jump 16.8 per cent
Discount grocer Aldi has recorded a 16.8 per cent sales uplift in the first two months of the year.
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NewsPeacocks sales soar
Peacocks reported a surge of 8.3 per cent in like-for-like sales in the 14 weeks to March 28 after benefiting from its value position.
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NewsOriginal Factory Shop and TJ Hughes cash in on festive trading down
Discount retailers Original Factory Shop and TJ Hughes have delivered stellar Christmas results amid a challenging economic climate.
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NewsFat Face sales up on declining EBITDA
Earnings at fashion and lifestyle retailer Fat Face fell more than 4 per cent in the 26 weeks to November 29 despite sales growth of 1.8 per cent for the period.
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NewsPrimark first-quarter sales up 18%
Primark has revealed that total sales grew in its first quarter, as it continued to open new space across Europe.
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News99p Stores sales up as shoppers pursue value
Value retailer 99p Stores has recorded a 7 per cent hike in like-for-like sales for the calendar year to date as cash-strapped shoppers flood to its shops.
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NewsFat Face sales jump
Fat Face sales soared 16.3 per cent from £108.6 million to £126.4 million for the full year to May 31.
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News
99p Stores cashes in as credit crunch bites
Single-price retailer 99p Stores is benefiting from higher footfall as bargain-hunting consumers tighten their purse strings.