All Financial results articles – Page 212
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NewsDwell posts EBITDA profit despite tough trading in furniture sector
Furniture chain Dwell has bounced back into the black at an EBITDA level as sales grew in the year to January 28 despite a punishing big-ticket market.
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AnalysisWhat next for Comet?
After last week’s £2 sale of Comet, debate is raging over whether its new owners can turn the ailing electricals retailer around. By Rebecca Thomson.
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OpinionHalfords on the right road
On the face of it, Halfords’ numbers did not look too pretty last week. The car parts and bikes retailer reported a pre-tax profit fall of 20% in its first half.
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NewsMothercare chairman launches review after first-half losses
Mothercare chairman Alan Parker marked his first 100 days in office by reporting an interim loss and launching a review of the ailing UK business.
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NewsBolland and King highlight changing shopper behaviour
M&S and Sainsbury’s aim to ensure consumer demand for quality and value is effectively met.
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AnalysisChristmas expectations: What do retailers need to know?
An ill wind is blowing in the run-up to Christmas as signs point to a dip in spending over the festive period. Is there any hope of good cheer on the horizon?
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NewsDrama dominates as Kesa sells Comet
Stores shares advanced across the board in a week dominated by dramatic corporate action and results from some of the industry’s biggest names.
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OpinionM&S strategy looks sound
So far so good for Marc Bolland. While the Marks & Spencer chief executive revealed a fall in first-half profits this week, the overall performance was in line with analysts’ expectations and most onlookers breathed a sigh of relief.
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NewsAll Saints full year profits plunge
All Saints profits plunged 9% to £21.5m despite soaring sales for the year ending January 2011, according to figures filed at Companies House.
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NewsHobbs profits soar on record sales
Upmarket womenswear retailer Hobbs’ pre-tax profits soared 137% on record sales in the year to January 29.
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OpinionConsumer slowdown is accelerating change
Sitting in a top fashion retailer’s office on Tuesday with the air-conditioning turned up to full blast, it wasn’t hard to see why selling clothes is hard at the moment.
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AnalysisAmazon’s profits hit as it focuses on long-term gains
Last week Amazon recorded a 73% fall in net profit to $63m (£39.1m) during its third quarter ended September 30 compared with the same period last year, despite sales jumping 44% to $10.88bn (£6.75bn).
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NewsUncertain outlook knocks retailers hard
General retailers had a bad week as their stocks declined by twice as much as the wider market, which took a knock as the eurozone crisis dragged on and pundits argued over the UK’s economic prospects.
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NewsAsos half year profits soar 66%
Online giant ASOS half-year profits before tax and exceptionals soared 66% to £11.7m.
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NewsFirst-half sales edge up at Boots
Health and beauty powerhouse Alliance Boots is on track to meet its financial targets this year despite tough trading conditions.
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OpinionStill deals to be done despite volatility
It is no great surprise that the mergers and acquisitions environment has been getting much tougher over recent months with increasingly volatile trading conditions and darker consumer outlook – but more about that later, what has happened so far this year?
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NewsStore Twenty One to push trend-led fashion
Value clothing and homewares retailer Store Twenty One is to further increase its fashionability after its trendier lines helped it bounce back into the black.
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NewsDirectory sales power third quarter sales growth at Next
A strong third quarter performance from Next’s Directory business helped compensate for weak store sales and full-year profits are expected to be up.
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NewsProfits plunge at JJB
Sports retailer JJB has suffered a slump in interim profits and poor second half trading has forced a re-budgeting.
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NewsNo respite for furniture retailers until 2014
Battered furniture and flooring retailers will not have any relief from punishing conditions until 2014 as the housing market remains stagnant.