All Financial results articles – Page 84
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NewsMcColl’s blames profit warning on low consumer confidence
McColl’s has issued a profit warning for the year, blaming “softer market conditions” in the second half of the year on unseasonable weather and low consumer confidence.
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NewsTravis Perkins says demerger of Wickes to be completed by middle of next year
Wickes owner Travis Perkins has hailed the progress it has made in its bid to offload the retailer and says the demerger will be complete by the second quarter of 2020.
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NewsMothercare UK losses deepen during ‘extraordinarily challenging’ period
Mothercare UK has reported widening losses in the first half of the financial year, starkly highlighting the issues which led to its being placed into administration in November.
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NewsWatches of Switzerland profits soar on back of ‘robust’ UK and US markets
Watches of Switzerland has reported soaring profits and revenues as it praised the “robust” market for luxury watches both in the UK and the US.
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NewsDunelm profits to beat expectations amid margin gains
Dunelm has said it expects full-year profits to come in “higher than previous expectations” after a period of “strong sales growth”.
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NewsJoules sales climb despite ‘challenging’ September
Joules has posted an increase in sales during the first half of its financial year despite suffering what it called a “challenging” September.
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NewsEdinburgh Woollen Mill’s profits rise in ‘turnaround’ period
The Edinburgh Woollen Mill group has posted an increase in profits as the fashion retailer continued to expand its luxury division.
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NewsQuiz swings to loss as brand blames ‘challenging market conditions’
Quiz has swung to a loss before tax and seen its underlying EBITDA more than halve in what the fast-fashion group called a “continued challenging market”.
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NewsBoohoo hails record-breaking Black Friday weekend
Boohoo has registered a “strong” Black Friday performance across the promotional weekend with key brands bolstering sales.
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NewsDr Martens owner sets sights on £1bn sale
Dr Martens’ owner – private equity firm Permira – is looking to sell the shoe brand for £1bn.
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NewsDobbies mulls float as sales and profits blossom
Dobbies has posted an uplift in profits and sales during its full-year results and is considering a stock market float.
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NewsFortnum & Mason profits soar after strong multichannel performance
Fortnum & Mason has reported soaring profits and sales for the year off the back of what it described as strong multichannel performance.
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NewsTOFS sales fall but boss heralds CVA for improved profitability
The Original Factory Shop (TOFS) has recorded declines in full-year sales and profits but boss Emma Fox credits the retailer’s CVA for improving profitability.
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NewsIkea profits fall despite sales rise
Ikea’s full-year profits fell despite its online sales soaring 50%.
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NewsTopps Tiles sales floored by election uncertainty
Topps Tiles has suffered a dip in full-year profits and warned that sales have slumped since Prime Minister Boris Johnson called a general election last month.
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NewsPets at Home profits spike in ‘strong’ first half
Pets at Home has said it expects to deliver a full-year profit at the top end of market consensus following a “strong” first half.
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AnalysisAnalysis: Where does its Nike split leave Amazon?
With the news that Nike has decided to stop selling its products on Amazon, Retail Week looks at what repercussions that decision will have – for both businesses and the wider sector.
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NewsB&Q sales decline in ‘disappointing’ third quarter
B&Q parent company Kingfisher has registered falling sales as new boss Thierry Garnier says the group’s performance has been hampered by “organisational complexity”.
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AnalysisAnalysis: Has AO.com short circuited in Europe?
As AO.com revealed its plans to close its business in the Netherlands following disappointing half-year results in Europe, Retail Week speaks to chief executive John Roberts about how he plans to fix the “mistakes” made in Europe to get the business back on track.
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NewsShopping in-store more sustainable than online, claims Primark owner
The owner of Primark has defended its fast-fashion offering and said shopping in-store is more environmentally friendly and sustainable than online delivery.