All Financial results articles – Page 47
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NewsKingfisher inches down profit guidance amid rising wages and energy bills
Kingfisher has shaved £10m from the upper end of its profit guidance in the face of rising wages and energy bills.
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NewsHalfords hails resilient performance despite profit slump
Halfords boss Graham Stapleton has hailed his business’ resilience in the face of the cost-of-living crisis, despite underlying profit falling in the first half.
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NewsAO hails ‘solid’ progress despite widening losses
AO has hailed “solid progress” in its plan to focus on profitability over growth, despite suffering widening half-year losses.
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NewsBurberry unveils new British brand focus as profits and sales grow
Burberry has said it will refocus its branding on its British heritage under chief creative officer Daniel Lee, as sales and adjusted profits grew in the first half of the year.
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NewsLidl profits soar as customers switch millions of pounds to discounter
Lidl profits and sales have soared as deepening food inflation and the worsening cost-of-living crisis have seen hundreds of thousands of customers a week making the switch from supermarkets to the discounter.
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NewsJoules collapses into administration putting 1,600 jobs at risk
Fashion retailer Joules has collapsed into administration just days after talks over financing broke down putting 1,600 jobs at risk.
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NewsCard Factory upgrades profit outlook as sales climb
Card Factory has raised its profit forecast for the full year following “stronger than expected” sales.
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NewsWilko sells £48m distribution centre as it battles to shore up balance sheet
Wilko has completed the sale and leaseback of one of its distribution centres as it struggles to shore up its balance sheet after a bruising trading period.
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NewsAsda returns to growth as value ranges lure new shoppers
Asda has registered its best quarterly trading performance for 18 months as its value focus drove a return to sales growth.
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NewsThe Works sales edge up despite cyber attack aftermath
Sales at The Works edged up despite an “increasingly challenging consumer environment” and the aftermath of a cybersecurity attack that forced it to close five stores earlier this year.
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AnalysisAnalysis: Is WHSmith underestimating the power of the high street?
In the same week that Primark and Marks & Spencer lauded the return of shoppers to the high street, WHSmith’s focus remains on its travel business – is it missing a trick?
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NewsB&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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NewsWHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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Analysis'Better value than Primark' - how M&S is rebuilding clothing clout
Marks & Spencer may have warned that retail market conditions will get even tougher next year, but the retailer will take heart from a marked improvement in its clothing and home division
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NewsMarks & Spencer profits rise after 'standout' fashion sales
Marks & Spencer has posted a rise in profits during its first half following “robust” trading across its food and clothing and home divisions.
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AnalysisPrimark - more cheer than fear despite tough times to come
Primark parent ABF’s John Bason looks forward to a post-Covid Christmas, a bolstered digital presence and the opportunities that a new strategic board can help realise – even as margins fall in punishing market conditions
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NewsMarks Electrical boss: We're winning spend while John Lewis 'neglect their customers'
Marks Electrical boss Mark Smithson has insisted the retailer is winning market share from competitors such as John Lewis that “neglect their customers”.
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NewsPrimark UK sales back to pre-Covid levels as customers flock to stores
Primark has reported that its like-for-like sales in the UK have returned to pre-Covid levels.
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NewsJoules on the brink after poor trading leaves working capital position 'below expectation'
Fashion brand Joules is exploring its options, including a possible CVA, as poor current trading has left the retailer’s working capital position “below expectation”.
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NewsDFS order volumes strengthen after lean summer
DFS has indicated there may be some green shoots of recovery in the furniture sector after a tough summer, with order volumes strengthening heading into the golden quarter.