All Financial results articles – Page 214
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NewsTopps Tiles expects pre-tax profit to hit consensus of £13.4m
Topps Tiles expects to report adjusted pre-tax profit for the year to October 1 within analysts’ estimates with a consensus of £13.4m.
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NewsMoss Bros returns to profit
Moss Bros has returned to profit in its interim results, posting a pre-tax profit of £2.2m in the six months to July 30.
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NewsProfits surge at JD Sports
JD Sports has reported pre-tax profit up 20.6% to £20.1m in the 26 weeks to July 30 despite being hit by the August riots when £700,000 worth of goods was looted from 16 stores.
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NewsDebenhams to beat profit expectations after strong final quarter
Department store group Debenhams expects to report profits ahead of consensus expectations after a strong finish to its financial year.
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NewsFrench Connection sets sights on overseas growth as profits rise
Fashion group French Connection has posted a first-half profit after tax for the first time since 2008 and has flagged potential for further international expansion.
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NewsMackays beats tough conditions to post profits rise
Mackays Stores, one of the UK’s biggest privately owned clothing retailers, has posted an increase in profits despite having to cope with rising commodity prices.
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NewsComet deal uncertain as like-for-likes nosedive
Electricals retailer Comet suffered a 22.1% like-for-like sales plunge in its second quarter after suffering a double-whammy of harsh trading conditions and tough comparatives.
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NewsNext signals end of price inflation as profits rise
Fashion giant Next has reported a 8.5% rise in first-half profits and signalled an end to price inflation.
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NewsPrimark operating margins to be hit by high street discounting
Primark’s operating margin is expected to be hit slightly in its full year results after a higher level of discounting than is normal on the UK high street towards the end of the summer.
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NewsBoden profits surge 13% in 2010
Home shopping giant Boden like-for-likes grew 5% in first half of the year as it reports a profit surge in 2010.
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NewsHMV confident of turnaround despite sales fall
Entertainment specialist HMV has posted a like-for-like sales fall of 15.1% in the first quarter but insisted that measures being taken to improve the business are bearing fruit.
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OpinionRetail excellence will make all the difference
The 0.6% like-for-like sales decline recorded by the BRC this week was reassuringly not too bad.
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NewsSuperGroup flagship to help brand expand product range
Superdry’s new Regent Street flagship store will allow the SuperGroup-owned brand to expand its product range, including a move into formalwear, according to chief executive Julian Dunkerton.
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NewsFranchises to guide Thorntons’ future
Thorntons wants to maintain a presence in locations where it shuts its company-owned stores via franchise partnerships.
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NewsSales slide at Argos
Argos suffered another big sales decline in its second quarter, but the retailer is confident that consumers will spend this Christmas.
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NewsSports Direct profits dip
Sports Direct gross profits suffered a dip after sales remained flat.
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NewsThorntons pre-tax profit dips after impairment charges
Thorntons has reported a dip in pre-tax profit but the chocolatier remains confident its turnaround plan will create a revitalised business.
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NewsLike-for-likes slide 7% at Dixons
Electricals group Dixons, owner of Currys and PC World, has posted a 7% fall in group like-for-like sales but will meet full-year profit expectations
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News
Analysts confident the only way is up for retail shares
Analysts believe store stocks are unlikely to crash further, despite big-name retail shares plunging last week, when specialist Topps Tiles also issued a profit warning.
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Opinion
Time to make a judgement call
Two of the retailers most mauled by the bears update next week, electricals group Dixons and Argos owner Home Retail.