All Financial results articles – Page 61
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NewsOcado ups profit guidance as fourth quarter sales surge
Ocado has said it now expects its full-year EBITDA to surpass £70m following a quarter of “exceptional demand” and strong sales growth.
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NewsFrasers Group interim profits rise spurred by rates relief and online sales
Frasers Group reported a strong uplift in profits at the interim mark despite what chair David Daly describes as a “lack of clarity of guidance” from the government during the pandemic so far.
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NewsStudio Retail prepares for sale as profits boom
Online value retailer Studio has announced plans to explore its sale options as profits and sales soared during the coronavirus pandemic.
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NewsJoules trading ‘ahead of expectations’ despite overall sales decline
Joules has recorded a strong uplift in ecommerce sales in its first half despite lost in-store sales throughout the lockdown periods.
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NewsTed Baker slips deeper into the red as revenues fall
Ted Baker has reported deepening losses before tax as its revenues fell and costs associated with the ongoing coronavirus pandemic rose.
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NewsSosandar narrows losses as sales rise during pandemic
Sosandar has narrowed its half-year losses as it benefited from a spike in online sales during the coronavirus pandemic.
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NewsPets at Home boss eyes future growth from ‘boom’ in pet ownership
Pets at Home boss Peter Pritchard insists the business can capitalise on a “baby boom” of pet owners amid the coronavirus pandemic.
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NewsAO.com back in the black as sales soar
Pureplay electricals specialist AO.com has reported a profit in the first half of the financial year off the back of “strong” revenue growth and greater customer demand.
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NewsPets at Home sales grow as Covid costs drag down profits
Pets at Home reported growth in like-for-like sales in the first half of the financial year, although underlying profits were hit by costs associated with the ongoing coronavirus pandemic.
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NewsKingfisher sales surge as online demand drives growth
Kingfisher has posted a spike in sales during its third quarter as surging ecommerce demand drove its top-line growth.
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NewsHMV eyes recovery under Putman’s ownership
HMV has announced marginal losses amid the coronaviurs pandemic and owner Doug Putman says he is “positive about the months and years to come”.
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NewsAsda sales rise as Christmas spending is brought forward
Asda has posted an increase in sales during its third quarter as demand for “key Christmas products” was brought forward.
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NewsWalmart sells majority stake in Japanese supermarket chain Seiyu
US retail giant Walmart has sold its majority stake in Japanese grocery chain Seiyu for $1.6bn, continuing its retreat from international markets.
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NewsNew Asda owners sell stake in EG Group empire
Asda’s new owners the Issa brothers have offloaded a stake worth hundreds of millions of pounds in their EG Group petrol forecourts business.
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NewsFarfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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NewsBurberry ‘encouraged’ by recovery despite sales slide
Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
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NewsB&M half-year profits skyrocket as sales surge
B&M has recorded a jump in interim profits spurred by a leap in sales that boss Simon Arora says shows the retailer is “well-attuned to the evolving needs of customers”.
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NewsWHSmith tumbles to full-year loss as sales slide
WHSmith has fallen into the red at the full-year mark as the retailer’s sales across travel and the high street were “heavily impacted” by the pandemic.
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NewsSuperdry boss anticipates post-lockdown rush as stores close
While Superdry recorded a loss for the first half, boss Julian Dunkerton believes December will see customers rushing back to stores if lockdown restrictions ease.
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NewsZalando raises profit forecast after ‘exceptional’ sales boost
Zalando has reported “exceptionally strong” growth in the third quarter, raising expectations for the full year.