All Financial results articles – Page 55
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DataData: Must-see Next graphs reveal sales powered by weather and staycations
After stronger than expected trading, fashion and home giant Next has upped profit expectations. Data provided by the retailer showed the categories and factors that shaped consumer behaviour and powered the strong performance.
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NewsWickes sales soar in strong first half
Wickes reported strong sales in the first half of the year, with stores performing particularly well after reopening following the easing of coronavirus restrictions.
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NewsBurberry posts ‘strong’ first quarter sales uplift against pre-pandemic levels
Burberry has reported an “excellent start” to its new financial year as full-price sales growth accelerated against its pre-pandemic performance.
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NewsHobbycraft sales slump following lockdown store closures
Hobbycraft sales and profits slumped due to coronavirus-related store closures, although trading has improved since April reopening.
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NewsAsos sales rise despite demand ‘volatility’
Asos has posted an increase in third-quarter sales but cautioned that “volatile demand” and supply chain pressures are likely to persist during the coronavirus crisis.
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NewsKingfisher raises profit guidance as sales surge across Europe
Kingfisher has upgraded its profit guidance after sales powered ahead of pre-Covid levels across its international markets.
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NewsDunelm boosts profit forecast in wake of homewares boom
Dunelm has raised its profit guidance after a stellar fourth quarter.
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NewsSuperdrug profits plummet despite essential retailer status
Superdrug reported plunging profits and sales for the year, despite its stores remaining open throughout lockdown.
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NewsB&M sales slow as boss indicates ‘uncertainty’ around consumer spending
B&M’s sales have dipped in the first quarter of the value retailer’s current financial year following exceptionally strong trading during the pandemic.
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NewsWatches of Switzerland unveils five-year plan as ‘strong momentum’ continues
Watches of Switzerland has created a new strategic plan to keep momentum going as its profits and sales soared during the pandemic.
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NewsWHSmith to open string of airport tech stores as travel recovery begins
WHSmith has announced that it will open 18 new airport stores under its InMotion fascia.
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NewsSainsbury’s raises profit forecast as performance ‘better than expected’
Sainsbury’s has upgraded its profit outlook as it makes “good progress against the plan to put food back at its heart”.
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NewsOcado pens deal with Spanish grocer as sales soar
Ocado has announced a partnership with Spanish grocer Alcampo to develop its online business.
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NewsAO plots European expansion as German business rebounds
After returning AO.com’s German arm to profitability, boss John Roberts is eyeing expansion into France, Italy and Spain in the near future.
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NewsBoots sales rise as Walgreens upgrades profit forecast following strong third quarter
Boots has had a jump in third-quarter sales while parent group Walgreens Boots Alliance (WBA) has upgraded its profit forecast, buoyed by pharmacy sales and administrating Covid-19 vaccinations.
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NewsStudio’s boss says home improvement trend continuing as full-year profits soar
The digital value retail business reported a stellar increase in revenues as consumers headed online in their droves during the pandemic.
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Dixons Carphone swings into the black as boss hails strong year
Dixons Carphone has swung back into profit and reported soaring sales as boss Alex Baldock hailed the retailer’s strong performance in the financial year.
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NewsNike profits soar as brand reports record revenues in North America
Nike has posted a surge in profits and record sales as shops reopened and coronavirus restrictions around the world eased.
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NewsJoules profits ahead of expectations as reopened store sales thrive
Joules has said it expects its full-year profits to be ahead of analyst expectations after a stellar year for ecommerce and rebounding store sales.
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NewsTesco sales rise but growth ‘moderates’ as Covid restrictions ease
Tesco has posted an uptick in first-quarter sales but cautioned that growth “moderated” during April and May as Covid-19 restrictions eased.