All Financial results articles – Page 181
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News
Clicks Group reports turnover increase
Clicks Group’s turnover increased 11% to ZAR8.5bn (£614.4m) in the first half of its financial year ended February 28.Clicks’ drugstore turnover rose 7% to ZAR5.6bn (£404.8m), while the number of stores reached 430.Operating profit at the group’s music and video chain, Musica, increased 27.3% despite the closure of eight outlets.However, ...
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OpinionNick Bubb's Verdict: Argos - Luck, or good judgement?
Argos has reversed years of LFL sales declines and been able to capitalise on the tablet PC boom, but was that through luck or good judgement?
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NewsWhittard reports profits increase after margins improve
Profits are up at coffee and tea specialist Whittard of Chelsea after it streamlined its store estate and improved its range and multichannel offer.
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News
DIY retailer Praktiker reports sales decrease
Sales at DIY retailer Praktiker fell 10.4% to €570.1m (£490.3m) during its first quarter ended March 31.Like-for-like sales slid 8.8%. Figures exclude the business in Turkey, which is at present in administration, and the Bâtiself banner in Luxembourg, which is to be divested.Sales in Germany declined 9.9% to €457.7m (£393.6m), ...
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News
Lekkerland's reports net sales increase
Lekkerland’s net sales increased €127.2m (£109.4m) to €11.48bn (£9.87bn) during its 2012 financial year.The figures were adjusted for a discontinued operation in Eastern Europe. The group’s net profit rose 58% during the year to €80.3m (£69.1m), because of strong earnings in Germany. “We have a positive outlook for the future,” ...
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AnalysisInternational analysis: Home and away different worlds for French grocers
Two of France’s largest retailers, Carrefour and Casino, reported first-quarter trading figures on the same day.
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AnalysisAnalysis: Lessons from the UK’s fastest growing retailers
Zolfo Cooper’s report on the UK’s 10 fastest growing retailers reveals lessons for the rest of the industry.
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NewsCompany profile: Beales
After several tough years the retailer’s new chief executive is trying to get sales moving.
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InterviewInterview: Chris Bush’s plan to turn Tesco into a brand of choice
Despite the grocer suffering its first fall in profits for 20 years, its UK managing director is confident he can deliver on Philip Clarke’s plan to make it loved again.
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NewsFarmfoods reports profits rise despite sales dip
Frozen food specialist Farmfoods has reported a 10% increase in pre-tax profits to £27m despite a dip in turnover last year.
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OpinionComment: Next Boss Wolfson’s bonus decision has wider implications
Next boss Lord Wolfson’s decision to share a £2.4m bonus with staff was not only eye-catching, it caught the mood of the times too.
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NewsThorntons hits sweet spot as Easter sales climb in third quarter
Chocolatier Thorntons delivered a sales surge as shoppers gorged on Easter Eggs and celebratory confectionery. Profits will beat expectations.
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OpinionNick Bubb's Verdict: Primark - What is the secret of its success?
Expectations were high for today’s Primark interim profits from Associated British Foods (ABF) but they still beat them, with amazing 55% growth. How does Primark do it?
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NewsScotmid Co-operative profits fall despite sales increase
Scotmid Co-operative has reported a fall in full-year operating profits despite a strong second half performance.
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Analysis
Analysis: How retailers can cope with ongoing weather storms
Debenhams has blamed a drop in profits on unseasonable weather, but what can retailers do to battle against the elements as they have this winter?
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NewsCompany profile: Moss Bros
The suit retailer has pulled its socks up in recent years, and there is still plenty of growing room.
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News
X5 Retail Group reports net sales increase
X5 Retail Group has reported sales of RUB126.3bn (£2.63bn) in its first quarter ended March 31, an increase of 8.1% year on year.The increase in net retail sales was driven by additional store space, price inflation, the positive performance of maturing stores added over the past two years and promotions. ...
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NewsAnn Summers eyes wholesale growth as it reports profits jump
Ann Summers is plotting wholesale growth after its tieup with Shop Direct helped to drive a profits rise in its last financial year.
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OpinionComment: Retail chief executives leave on good terms
Last week Kate Swann unveiled her final set of results as chief executive of WHSmith.
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NewsTesco UK boss Chris Bush: I’ll rekindle shoppers’ love affair with Tesco
Tesco UK managing director Chris Bush has vowed to rekindle the British consumer’s affection for the grocer by making it the supermarket of choice rather than a default option.