All Financial results articles – Page 64
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NewsSosandar interim sales jump despite ‘challenging’ environment
Sosandar has recorded a surge in sales at the half-year mark as the brand snaps up “significant market share” from its fashion rivals.
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NewsTesco poaches Tate & Lyle CFO as half-year profits and sales climb
Tesco has snapped up Tate & Lyle finance chief Imran Nawaz and reported a strong uplift in interim profits driven by shoppers flocking online during the pandemic and choosing to stock up with bigger shops less often.
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NewsIkea boss bets on store resurgence despite full-year sales dip
Ikea has reported a decline in full-year sales but group boss Jesper Brodin hailed the home and DIY retailer’s resilience and adaptability during the pandemic.
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NewsWagamama owner The Restaurant Group swings to loss
The owner of high street restaurant chains Wagamama and Frankie & Benny’s has swung to a half-year loss after being “severely impacted” by the coronavirus crisis.
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NewsWatches of Switzerland increases profit guidance as sales surge
Watches of Switzerland has increased its full-year profit guidance following “stronger than expected” sales performance during its second quarter.
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NewsMulberry losses deepen due to Covid-19
Struggling global handbag and accessories retailer Mulberry has seen its losses deepen due to the ongoing effects of the coronavirus on sales.
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NewsH&M returns to profit as it looks to emerge ‘stronger’ post-Covid
H&M has reported a profit in its third quarter, as chief executive Helena Helmersson believes “the worst is behind us”.
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NewsHalfords raises profit expectations as sales surge
Halfords has upped its profit expectations for the half-year mark but stresses that economic uncertainty may hamper its second-half performance.
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NewsTopps Tiles confident of turning a ‘modest’ profit following strong fourth quarter
Topps Tiles said it was confident of generating a “modest level of adjusted profit before tax” for the end of its financial year, following a strong fourth quarter of trading.
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NewsBoohoo sales and profits soar in first half
Boohoo has seen group revenues and profits soar in the first half of the year and said the momentum has continued into September, despite the fallout from the Leicester scandal.
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NewsScS profits slide as store closures impact sales
ScS recorded a downturn in profits and sales in its full-year results due to the impacts of the coronavirus pandemic, but has since seen a strong recovery as it benefits from pent-up consumer demand.
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NewsCard Factory swings to loss as coronavirus hits sales
Card Factory has swung to a half-year loss after the coronavirus crisis battered its sales.
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NewsB&M raises profit forecast following first-half sales surge
B&M has raised its half-year profit guidance following a “strong” uplift in sales.
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NewsGreggs resumes store-opening programme as sales recover in September
Greggs has reinstated its store-opening plans after hailing “improving” sales during September.
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NewsHotel Chocolat strikes Hut Group deal in US as coronavirus hammers profits
Hotel Chocolat has struck a deal with The Hut Group’s Ingenuity technology arm to bolster its presence in the US after the retailer’s profits were hammered by the coronavirus crisis.
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NewsAldi to plough record £1.3bn investment into UK as profits surge
Aldi has pledged to invest £1.3bn into upgraded stores and distribution centres over the next two years after it saw record sales figures last year.
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NewsPets at Home raises full-year expectations as sales climb
Pets at Home has said that sustained strong sales growth in its current financial year mean that it now expects profits to exceed market expectations despite wider economic uncertainty.
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NewsDFS swings to loss as sales slump in ‘disappointing’ year
DFS has fallen into the red in its preliminary results as sale declined, but boss Tim Stacey has stressed that the retailer’s performance has improved since stores reopened.
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NewsNike eyes permanent shift online as digital sales soar in lockdown
Nike’s online sales surged during its first quarter as its direct-to-consumer strategy bore fruit during lockdown.
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NewsJoules ‘encouraged’ by recovery despite sales slide
Joules suffered a drop in sales during its first quarter as store closures dented its top line, but boss Nick Jones insists he is “encouraged” by the retailer’s recovery.