All Financial results articles – Page 26
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NewsTopps Tiles posts fall in sales
Topps Tiles has posted a decline in sales and profit which the retailer says has been affected by a “weaker market”.
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NewsShein doubles profits as it ponders IPO
Online fashion giant Shein has more than doubled its profits as it considers a possible listing in New York or London.
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AnalysisJD Sports CEO Régis Schultz kicks on despite sluggish sportswear growth
As the sportswear market goes through a period of uncertainty, taking a hit from inflationary pressures, reduced consumer spending and a lack of innovation, JD Sports chief executive Régis Schultz remains confident in the retailer’s execution
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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NewsAO hails ‘good momentum’ as it expects to hit profit guidance
Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.
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NewsJD Sports maintains guidance as sales rise
JD Sports has maintained its full-year profit guidance, hailing “good strategic progress” during the year as sales edged up.
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Opinion‘Under new management, customer complaints are music to the ears at Morrisons’
It was Microsoft tycoon Bill Gates who said “your most unhappy customers are your greatest source of learning” – now Morrisons seems to be taking the same view.
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NewsMorrisons hails ‘strongest’ sales growth in three years
Supermarket giant Morrisons has hailed its strongest like-for-like sales growth in three years in the first quarter of the financial year under new boss Rami Baitiéh.
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AnalysisKingfisher: Four ways the B&Q owner plans to patch up growth in 2024
With low confidence and poor weather raining on shoppers’ grand home improvement plans, how is Kingfisher planning to patch things up over the next 12 months or so?
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NewsKingfisher cautious on outlook as international sales slip
Kingfisher is remaining cautious on its outlook for the next financial year after it saw total and international sales slip.
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NewsVirgin Wines ‘optimistic’ about future growth as sales increase
Virgin Wines says it is “optimistic” about its prospects after it posted a revenue increase in its latest results.
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AnalysisNext: What’s in store for the fashion giant as a ‘new era’ beckons?
After yet another stellar performance from Next, Retail Week looks ahead to the fashion and home group’s “new era” and its plans to continue on an upward trajectory
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NewsNext beats expectations to post record profits as sales soar
Next has reported record profits ahead of expectations as sales soared in the full year ending January 31, 2024.
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NewsTemu owner's revenues and profits surge in ‘pivotal’ year
Temu owner PDD Holdings has recorded a massive surge in full-year and fourth-quarter profits and revenue.
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AnalysisBig ticket’s big squeeze: how are home retailers navigating sluggish demand?
As DFS issues another profit warning and Wickes reports that demand for pricier purchases has been ’challenging’, how much more penny pinching can big-ticket retailers take?
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NewsWickes hails ‘robust’ year and new Solar Fast acquisition
Wickes has hailed a “robust” full-year performance, with profit before tax landing ahead of expectations. It also announced the acquisition of a majority stake in Solar Fast.
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NewsDFS issues profit warning as ‘weaker market demand’ takes toll
Sofa giant DFS has lowered its revenue and profit guidance for the full year as “weaker market demand” takes its toll.
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NewsBensons for Beds back in profit despite ‘challenging period’
Bensons for Beds has returned to an EBITDA profit, despite what it calls a continued challenging market and supressed consumer sentiment.
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NewsJohn Lewis scraps bonus again despite return to profit
John Lewis Partnership has returned to profit following a period of losses as it enters a year of “significant investment” to refresh its plan.
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NewsDeliveroo posts narrowing losses in ‘resilient year’
Deliveroo has reported narrowing losses and an increase in revenue in what the group described as a “resilient year of growth” amid tough macroeconomic conditions.