All Financial results articles – Page 36
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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.
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NewsMusic Magpie 'confident' despite decline in profit and revenue
Music Magpie has reported a decline in overall revenue and profit for the year ending November 30, 2023.
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NewsMango profits double as sales surpass €3bn for the first time
Mango has announced soaring profits and sales for the 2023 financial year, with sales surpassing €3bn (£2.64bn) for the first time.
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NewsAnn Summers sales and profits heat up as shoppers return to stores
Ann Summers has posted an increase in full-year sales and profits as Halloween proved a hit and customers returned to in-store shopping.
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NewsHugo Boss sales hit €4bn for first time in record year
Fashion retailer Hugo Boss has posted sales of more than €4bn (£3.4bn) for the first time in its history in a “record” year for the business.
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NewsAbercrombie & Fitch sales surge across all regions and brands
Abercrombie & Fitch Co has posted a surge in sales in its fourth quarter and the full financial year, with sales up in all regions and across all brands.
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NewsGreggs profits and sales on a roll in ‘record’ year
Greggs has posted booming profits and sales as market share reached an “all-time high” and the food-to-go retailer maintained its guidance for the 2024 financial year.
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NewsFootasylum sales rise across all channels in year of ‘record growth’
Footasylum has posted sales growth across all business channels as it marks another year of “record growth”.
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NewsHomebase reports heavy losses but on track for profitable 2024
Poor weather and consumer caution left Homebase with heavy losses last year, but the group says it is on track to deliver double-digit profits in 2024.
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NewsVery Group secures fresh funding as it records half-year loss
The Very Group has secured a £125m funding package as it swings to a half-year loss due to “higher interest costs”.
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NewsHalfords warns on profits after hits from weather and consumer confidence
Halfords has slashed earnings expectations after its main markets − cycling and motoring − were battered.
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NewsGymshark announces new premium athleisurewear range
Gymshark posted a rise in sales for the full year ending July 2023, which the retailer said was “underpinned by the relevance and quality of our product” and “the resonance of our brand”.
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NewsSecret Sales hails ‘exceptional’ year
Premium non-full-price marketplace Secret Sales has posted an “exceptional” year of growth and confirmed plans to ramp up its expansion strategy in 2024.
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NewsWalmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
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NewsMytheresa ‘outperforms’ as luxury fashion sales grow
Luxury fashion retailer Mytheresa has hailed its sales growth during the second quarter, despite falling profits, as it “outperformed almost all competitors” and the demand for luxury fashion goods edged up.