All Financial results articles – Page 233
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NewsHome Retail profits to beat expectations despite Argos sales fall
A later than usual catalogue launch and wintry weather contributed to a like-for-like sales fall of 9.4% at catalogue store group Argos but parent Home Retail Group expects its full-year results to beat expectations.
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QVC’s UK sales bolstered by second-half lift
UK sales at TV shopping business QVC climbed 2.3% to £367.9m in 2009 after a stronger second half.
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Hotel Chocolat outlines growth plan
Hotel Chocolat is to open between 10 and 15 stores this year, after reporting a strong start to the year with like-for-like sales up 14% in January.
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QVC sales up 2.3%
Sales at QVC in the UK grew 2.3% in 2009 reaching £367.9m for the TV shopping business after a stronger second half.
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NewsDunelm’s value proposition drives growth
Dunelm has reported like-for-like sales up 15.4% in its interim results, bolstered by its “simply value for money” proposition.
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NewsTJX Europe full year like-for-like sales ahead 5%
TJX Europe, the operator of off-price retailer TK Maxx, said like-for-like sales rose 5% in the full year to January 30.
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NewsWickes full year profits soar
DIY retailer Wickes experienced a 2.4% decline in like-for-likes in the seven weeks to February 20, but full year profits soared as the chain grew its market share.
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NewsAirport retail sales soar on weak pound
Duty-free shopping and the weakened pound drove sales at London’s airports to their highest levels for a decade last year.
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NewsPrimark sales climb in first half
Value fashion and homewares chain Primark’s first-half sales were “substantially ahead” of last year, parent Associated British Foods reported.
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NewsQS on target to return to profit as sales climb
Value retailer QS is on track to make a profit this year after a decade of being in the red.
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NewsThird quarter lifts Sports Direct
Sports Direct third-quarter retail sales rose 9.4% to £326m year on year and it has raised its full-year EBITDA target to at least £160m.
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NewsAbercrombie & Fitch profits fall after ‘difficult’ year
Abercrombie & Fitch Co has recorded a 31% drop in net income to $47.5m (£30.1m) over the 13 weeks to January 30 while total sales fell 5% to $936m (£594m).
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NewsB&Q sales hit by snow
B&Q has reported the snow at the beginning of the year affected trade as it recorded like-for-like sales fell 3.5% in its fourth quarter.
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NewsThorntons sales drop but profits up
Thorntons has reported a 0.7% drop in sales in its interim results but a 24.6% increase in pre-tax profit.
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NewsH&M sales up 1% in January
H&M’s like-for-like sales rose 1% in the month of January compared with the same month last year.
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NewsPeacock Group back on form, says Richard Kirk
Peacock Group chief executive Richard Kirk said the group is expected to report a return to form in the year to March 2010 with EBITDA of £80m.
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NewsSports Direct retail sales climb 9.4%
Sports Direct has reported retail sales increased 9.4% in the 13 weeks to January 24 to £326m.
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NewsNo new developments in pipeline for British Land
The UK’s second-biggest landlord British Land said it has no imminent plans to begin any new property developments as it revealed strong figures for its third quarter.
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NewsSnow dampens Carpetright’s third quarter
Carpetright’s group sales rose 7% in the 13 weeks to January 30, but the UK performance was weaker than expected because of the snow.
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NewsEsprit like-for-like sales fall in the UK
Young fashion chain Esprit saw UK like-for-like sales across its retail and wholesale divisions fall during the six months to December 31.