All Financial results articles – Page 70
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NewsReiss profits and sales soar after ‘strongest’ results in its history
Reiss has reported soaring profits and sales for the last financial year, in what the brand described as its “strongest” set of results in its history.
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NewsJohn Lewis pays lowest bonus since 1953 as profits slump
John Lewis Partnership will pay staff its lowest bonus for more than 60 years after suffering a drop in full-year profits and a write-down in the value of its property.
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NewsGreggs profits and sales climb in ‘exceptional’ year
Greggs has reported a strong rise in full-year profits and sales but warned that its current year’s financial performance could be hit due to “the potential impact of coronavirus”.
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AnalysisAnalysis: How Homebase got back in the black
This time last year Homebase had just reported a £114.5m loss following several bad decisions by its former owner Wesfarmers.
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NewsTK Maxx parent company full-year sales ‘exceed expectations’
TK Maxx owner TJX has hailed a strong fourth-quarter and full-year results exceeding expectations.
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NewsHomebase returns to profit and launches new store format
Homebase has hailed a return to profit ahead of plan in its full-year results and plans to open new smaller-format stores.
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NewsTopps Tiles warns on profits as sales slide
Topps Tiles has warned that profits will fall below expectations after continued tough trading.
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NewsZalando profits rise as its prepares for launch into second-hand fashion
Online fashion specialist Zalando has unveiled a rise in full-year sales and profits and is preparing to launch a variety of initiatives including a pre-owned range.
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NewsMcColl’s profits slump as it seeks new debt arrangement
Struggling convenience store group McColl’s has posted declining profits and sales figures and confirmed it is in discussion with lending banks about a new debt facility.
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AnalysisData: The world’s 100 largest retailers by revenue
Eighty-eight European companies made it into Deloitte’s Global Powers of Retailing ranking, which analysed the performance of the top 250 global retailers.
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NewsHotel Chocolat’s ‘strong’ sales boosted by new store openings
Hotel Chocolat has posted “another strong” set of results, which chief executive Angus Thirwell attributed to offering its customers a “wider variety of sales channels”.
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NewsHammerson profits fall against challenging retail backdrop
Shopping centre owner Hammerson has posted falling profits and rental income during its full-year results.
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NewsPrimark finance boss bullish on coronavirus supply chain issues
Primark finance director John Bason said the value fashion retailer is “under less pressure than other retailers will be feeling” following the outbreak of coronavirus.
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NewsPrimark reports sales rise, but warns coronavirus may hit supply
Primark has reported an uplift in interim sales driven by its new space, but flagged that if coronavirus persists it may result in some product shortages later in the year.
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NewsAsda blames ‘challenging market conditions’ for sales slump
Asda has blamed “challenging market conditions” for its fourth-quarter slump in like-for-like sales, particularly in clothing.
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NewsDunelm posts ‘significant’ interim profit and sales growth
Dunelm has recorded a strong uplift in profits at the half-year mark as the retailer says its preliminary results will be “slightly ahead” of analyst expectations.
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AnalysisAnalysis: Will 2020 be Ocado’s year?
Despite presenting a set of financial results that showed spiralling losses before tax and a significant dip in EBITDA, Ocado’s chiefs are convinced 2020 will be the year its investment in technology is vindicated. Retail Week looks at whether their optimism is justified.
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NewsWaterstones books profits uplift as sales rise
Waterstones has recorded a rise in its full-year profits as sales rose, but the retailer said the lack of a ‘significant’ bestseller hampered potentially higher growth.
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NewsPoundland Christmas sales rise as new ranges boost growth
Poundland has posted an uplift in sales during the crucial Christmas trading period as its Pep&Co clothing concessions helped drive footfall.
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NewsAmazon sales soar as ‘more people than ever’ joined Prime
Amazon sales have beat expectations as the online giant posted its full-year results.