All Financial results articles – Page 9
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News
Tesco profits and sales surge as focus on value pays off
Tesco has posted an increase in both profits and sales during its first half, as well as raising its full-year profit guidance, as its investment in value and quality pays off.
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News
Greggs sales soar as it maintains profit guidance
Greggs has reported a surge in sales helped by “increased customer visits” as it expects its full-year outcome to be “in line with previous expectations”.
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News
Boohoo revenue and profits decline as it issues double-digit profit warning
Boohoo has posted a fall in revenue and profits in the six months to August 31, but said it is working on “improved profitability and getting back to growth”.
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News
Morrisons sales improve as loyalty scheme and price cuts pay off
Morrisons has posted an improvement in like-for-like sales in the third quarter, and said lower prices and its new loyalty scheme had cut through with shoppers.
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News
H&M profits climb despite slowdown in September sales
Fashion giant H&M has posted a boost in profits and sales for the first nine months of the year, despite sales in September slowing as a result of an “unusually hot” start to the autumn season.
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News
Clarks sales slip as supply chain issues take their toll
British footwear retailer Clarks has posted a decline in profits after tax and turnover for the 48 weeks to December 2022 as supply chain issues took a toll on trading.
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News
Oliver Bonas hails ‘resilient’ performance as sales and profits grow
Oliver Bonas has posted a boost in profits and revenue for the 2022 full financial year as sales remained “resilient” despite the cost-of-living crisis.
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News
Aldi posts ‘record sales’ as it gains a million customers
Aldi has posted “record sales” in the 12 months to December 2022, claiming the cost-of-living crisis has “transformed” the way the UK shops.
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News
The Entertainer posts sales boost but ‘remains cautious’
The Entertainer has posted sales growth that outperforms the wider toy market but said it “remains cautious” about its short-term outlook.
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News
Mothercare revenue and profit declines ahead of refinancing
Mothercare has reported a drop in revenue and profit ahead of completing a refinancing of the business to ensure it has “adequate and appropriate” funds for the future.
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Analysis
The key takeaways from Next’s half-year results
Following a rise in profits and sales at Next during the first half of the year – and another increase in earnings expectations – Retail Week highlights the vital factors from the fashion retailer’s performance that have contributed to its continued success
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News
TK Maxx owner TJX records rise in revenue and profit
TJX UK, a subsidiary of TJX companies in the UK that owns TK Maxx and Homesense has recorded a rise in revenue and profit in the 52 weeks to January 28.
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News
Co-op profits climb driven by cost-saving efforts
The Co-op has reported “robust” sales performance as it swung to an operating profit driven by cost savings during the period.
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JD Sports ‘on track’ for full year as sales increase
JD Sports has posted an increase in sales and confirmed profit remains “on track” for the full financial year as its strong brand portfolio continues to pay off.
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Next raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
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H&M sales edge up in third quarter
Sales at fashion giant H&M edged up in the third quarter but were “flattish” in most local currencies as the cost-of-living crisis and stiff competition made for a tough backdrop.
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News
Gousto on track for record profits despite cost-of-living crisis
Gousto is on track to post record profits this year despite record food inflation and the cost-of-living crisis, the meal kit box subscription business said.
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News
John Lewis upgrades profit outlook but delays end of transformation plan
John Lewis has upgraded its full-year financial guidance after narrowing losses and increased sales in the first half, but has delayed implementation of its transformation plan by two years.
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News
THG losses deepened by one-off disposal costs
THG operating losses deepened due to a one-off, non-cash charge related to the sale of its loss-making business, but the retailer says the disposal has improved its overall financial guidance.
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News
Inditex sales and profits continue to climb
Inditex has reported an increase in profit and sales that the group said is a result of a “very robust operating performance”.