All Finance articles – Page 338
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NewsCity snapshot: Hain Celestial brings former Hershey executive as CFO as sales continue to slide
Hain Celestial has brought in a new CFO as first quarter sales continued to slide
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NewsMedia Bites 8 Nov: Sainsbury’s, Big 4 prices, M&S, Tate & Lyle
Sainsbury’s CEO Mike Coupe warned that political uncertainty over Brexit was holding back spending as the supermarket’s interim profits were almost wiped out by closure costs. Sainsbury’s pre-tax profits dropped to £9m from £107m a year ago, due to £229m of exceptional costs booked as the result ...
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NewsSainsbury’s Coupe optimistic about sales momentum over Christmas
Group revenues fell 0.2% to £16.9bn in the 28 weeks to 21 September 2019
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Analysis & Features‘A tale of two divisions’: analysts react to M&S food growth
Total food revenues rose 1.2% to £2.85bn in the six months to 28 September 2019
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NewsCity snapshot: Sainsbury’s sales and profits plunge despite price cuts
Sainsbury’s has fallen to a loss in its first half as the supermarket suffered from higher marketing costs, comparisons with good trading a year ago and the impact of cost savings
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NewsMedia Bites 7 Nov: M&S, John Lewis, Pizza Express, Boots, Amazon, Beavertown
Marks & Spencer food business returned to growth for the first time in over two years but troubles within the chain’s clothing unit hit profits
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NewsPlatinum Retail sees profits soar as forecourt expansion continues
A fall in oil prices towards the end of 2018 and the expansion of the estate helped improve gross margins
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NewsCity snapshot: Marks & Spencer food sales rise after two years but profits drop
Marks & Spencer reported growth in its food business but group revenues and profits were dragged down by a poor first-half performance from the clothing and home division
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NewsMedia Bites 6 Nov: Boots, ABF, Imperial Brands
Associated British Foods has said it expects earnings to rise in the coming year, driven by a recovery of its struggling Sugar unit and better-than-expect margins at fast-fashion chain Primark
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News31 Dover turns to the crowd for £500k growth funding
DMD Ventures will take to Crowdcube in mid-November as it seeks to raise £500k
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NewsFrieslandCampina UK profits jump 49% despite sales drop
Profits at the UK arm of Dutch dairy giant FrieslandCampina rose 49% last year, despite the ‘difficult economic situation’
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NewsCity snapshot: Associated British Foods delivers ‘resilient’ performance
Associated British Foods has reported a rise in profits as it delivered a “resilient performance” offsetting ongoing troubles at its Sugar division
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NewsMedia Bites 5 Nov: Uber, M&S, Just Eat
Lower than expected overall number of active customers and activity at Uber Eats hit the taxi company’s bottom line as it reported losses of £1.2bn in the third quarter
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsValue of food industry M&A deals drops over 60% in September
The UK emerged as the top country in terms of M&A activity in September, with six deals completed in the period
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NewsNutri-Genetix to crowdfund for launch of genetically personalised shake
The nutrition company has already raised £178k to fund a new year launch of its shakes
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NewsCity snapshot: Takeaway.com increases Just Eat deal likelihood by way of offer
Dutch food delivery giant Takeaway.com has increased the “certainty” of its all-share combination with Just Eat by implementing the merger by way of an offer
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NewsMedia Bites 4 Nov: Asda, Coffee Pods, McDonald’s
Asda has granted an extra week to staff in order to sign new contracts or face the sack
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NewsColgate-Palmolive sales rise but miss analysts’ forecasts
The US consumer goods giant reported net revenues of $3.92bn, up 2% on the comparative period in 2018
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NewsDevoted Pet Foods seeks £100k from crowd for launch into DTC
The brand is looking to raise £100k on Crowdcube in exchange for a 4.8% stake