All Financial results articles – Page 86
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NewsAsda second-quarter sales boosted by later Easter
Asda has posted an uptick in second-quarter sales, boosted by the later timing of Easter.
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NewsChinese etailer JD.com returns to profit as sales climb
Chinese ecommerce titan JD.com beat analyst expectations with its second-quarter results, bolstered by sales from its annual 6.18 shopping festival.
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NewsSteinhoff to sell off assets following accountancy scandal
South African retail giant Steinhoff is set to cut its debt and trim down its assets to focus on retail investments after a previous $7bn (£5.8bn) accountancy scandal.
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AnalysisHow Dr Martens made direct to consumer its stomping ground
Dr Martens unveiled a spike in full-year profits after direct-to-consumer sales soared. Retail Week spoke to chief executive Kenny Wilson about how he plans to run ahead of the market.
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NewsWatches of Switzerland hails ‘strong’ first quarter since IPO
Watches of Switzerland group posted an increase in sales and like for likes during its first quarter since becoming a listed business.
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NewsAgenda: Farfetch and BRC-KPMG retail sales figures
Retail Week looks ahead to the next seven days with updates from Farfetch and the latest BRC retail sales figures on the agenda.
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NewsWhite Stuff profits dented by digital spend and discounting
White Stuff has suffered a fall in full-year profits after ramping up investment in digital marketing and “higher than planned” levels of discounting.
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NewsWestfield’s UK income hit by retail CVAs and leasing delays
Westfield’s UK rental income over the first half of the year fell amid an increase in vacancies due to the rash of retail CVAs and administrations and delays with leasing due to Brexit.
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NewsApple profits drop amid slump in iPhone sales
Apple has suffered a drop in quarterly profits sparked by a further decline in sales of iPhones.
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NewsTravis Perkins firms up plans to offload Wickes
Travis Perkins has firmed up plans to offload DIY chain Wickes – and hopes to complete the demerger within the next year.
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NewsIntu launches ‘transformational’ strategy as rental income slumps
Shopping centre owner Intu has launched what it has dubbed a “transformational” five-year strategy as it bids to arrest tumbling rental income and asset values.
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NewsNext ups profit guidance as second-quarter sales rise
Next has increased its full-year profit guidance after reporting a rise in sales during its second quarter.
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NewsGreggs sales and profits climb in ‘exceptional first half’
Greggs has recorded a jump in its interim profits as demand rose driven by the popularity of its new vegan sausage roll.
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NewsSports Direct auditor to quit over €674m tax bill bombshell
Sports Direct’s auditor Grant Thornton told regulators that it intended to quit due to concerns regarding the disclosure of the retailer’s 11th hour Belgian tax bill.
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NewsAgenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
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NewsMothercare warns on profits as it seeks to offload UK arm
Mothercare has warned that its full-year losses are likely to be in line with its previous financial year’s as it kicks off talks to sell struggling UK stores.
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NewsAmazon misses profit forecasts while Prime costs bite
Amazon has reported lower-than-forecast second-quarter profits as it ploughed investment into its one-day delivery services.
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NewsJoules profits and sales climb in ‘strong’ year
Joules has reported soaring full-year profits and sales in what boss Colin Porter says was driven by “growth across channels and product categories, both in the UK and internationally”.
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NewsMcColl’s seeks ‘stability’ as profits nosedive
McColl’s has posted a decline in profits at the interim mark despite an uplift in sales as boss Jonathan Miller says the group plans to “refocus on retail execution”.
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NewsAgenda: Joules, B&M and Bonmarché update the market
Retail Week looks ahead to the next seven days with updates from Joules, Bonmarché and the Kantar/Nielsen figures on the agenda.