All Financial results articles – Page 48
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NewsBoohoo sales decline as elevated returns plague fast fashion
Boohoo has recorded a decline in sales against strong comparables year on year.
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NewsH&M sales jump as post-pandemic recovery marches on
H&M has continued its post-pandemic recovery with sales across all markets jumping 12% in its second quarter.
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NewsProCook warns on profits as shoppers ‘tighten their belts’ amid cost-of-living crunch
ProCook has said sales and profits for its current financial year will be behind previous forecasts as shoppers face “exceptional pressures on discretionary spend”.
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AnalysisAnalysis: Five things you need to know about Beauty Pie
Arriving on the scene in 2016, Beauty Pie was founded on the premise that beauty should be affordable without compromising on quality. With recent investment off the back of a year when sales grew 140%, can it change the landscape of beauty retail?
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NewsPoundland parent’s sales and profits rise as UK shoppers rein in ‘essential’ spending
Poundland owner Pepco Group has said UK shoppers are “scaling back even on essential purchases” amid the cost-of-living crunch.
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InterviewThe Amazon of washing machines: How Marks Electrical is taking on the titans
In a volatile and inflationary electricals market, Marks Electrical has bucked sector trends by growing both sales and market share. Retail Week speaks to chief executive Mark Smithson about how his business is outcompeting its more established rivals
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NewsZara owner Inditex posts sales and profit rise despite Ukraine war impact
Fashion giant Inditex, owner of Zara, has reported a suresulrge in sales and profits but booked a substantial provision for the costs of Russia’s invasion of Ukraine.
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NewsDr Martens profits surge as it upgrades sales guidance
Dr Martens has posted a surge in profitability and upgraded sales guidance for its new financial year as its direct-to-consumer strategy drives performance.
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NewsAsda sales slump against strong comparables as cost-of-living crunch bites
Asda has reported a slump in first-quarter sales against strong like-for-like comparables as the cost-of-living crunch begins to hit consumers.
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NewsWickes hails ‘continued momentum’ despite dip in sales
Wickes has hailed a “promising start” to its financial year despite reporting a dip in sales.
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NewsPets at Home profits surge as sales climb bolstered by record new customer numbers
Pets at Home reported a jump in full-year profits and sales as outgoing boss Peter Pritchard as the retailer is ’well placed to accelerate our growth in market share’.
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NewsM&S ‘fundamentally changed’ as full-year profits climb and sales rise
Marks & Spencer has recorded a strong uplift in full-year profits bolstered by sales increases across both clothing and food, as outgoing chief executive Steve Rowe says the business has “the opportunity for substantial further growth”.
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NewsEG Group profits and sales jump on the strength of foodservice offering
Petrol forecourt giant EG Group has reported a leap in profits and sales in the first quarter off the back of strong performance from its growing food business.
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Retail VoiceThe evolving role of today’s CFO
The role of the CFO is expanding rapidly, but what is expected of the CFO 2.0, asks Palantir’s Geraldine Lafontaine and Darren Matthews.
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NewsKingfisher sales beat pre-pandemic levels but lockdown DIY boom slows
DIY giant Kingfisher’s sales declined against strong comparables in the last two years.
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NewsBurberry posts profit uplift but cautions on China recovery
Burberry has posted a rise in full-year profit but cautioned that its outlook for future trading is dependent on the rate of the recovery in its key Chinese market.
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NewsWalmart margins hit as inflationary pressures bite across the pond
Walmart has recorded an uptick in revenues but said its bottom line has been hit by inflation in food and fuel.
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NewsGreggs sales rise with travel back on the menu
Greggs has said that transport locations have recovered most as it continues to see sales rise.
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NewsMade.com strengthens top team as it issues profit warning
Made.com has called out a “more challenging than anticipated” trading environment in the first half of the year.
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NewsRevolution Beauty sales soar as boss hails ‘flight to value’ for cosmetics shoppers
Revolution Beauty has posted a strong uplift in full-year sales and profits, which boss Adam Minto believes will continue as value-conscious shoppers “accelerate” the D2C brand’s growth.