All Financial Results articles – Page 14
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News
Greggs hit by ‘weak consumer confidence’ as growth slows to 2.5%
The chain surpassed £2bn in sales for the first time, but still faces ‘tough headwinds’
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Comment & Opinion
If even M&S is worried about growth, what hope is there for the stragglers?
Inflation is back on the agenda even after supermarkets worked hard to bring it down this Christmas
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Analysis & Features
Retail ranking: Christmas 2024 grocery league table
With last year’s golden quarter now firmly behind us, we round up how supermarkets fared during the crucial 2024/25 Christmas trading period
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News
Boots posts strong Q1 results but warns of ‘heightened cost pressures’ after budget
‘Looking forward, we face heightened cost pressures in 2025,’ said Boots UK & Ireland MD Anthony Hemmerdinger
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News
City snapshot: Sainsbury’s offers 5% pay rise following ‘biggest-ever’ Christmas
Sainsbury’s is to reward staff with an inflation-busting pay rise after they helped the supermarket deliver its “biggest-ever” Christmas
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News
Sainsbury’s celebrates record Christmas but Argos remains a drag
Sainsbury’s premium Taste the Difference own label range outperformed rivals to help the supermarket to a record Christmas despite ongoing weakness at Argos
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News
Valeo ‘on track to be sweets champ’ despite ongoing losses
Valeo Foods is on track to become “the undisputed European sweets and treats champion” despite annual losses topping €100m, its boss has said.
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News
M&S and Tesco shares sink despite record Christmas performance
Supermarkets may be celebrating a record Christmas, but the markets remained thoroughly unimpressed by retail stocks on a busy Thursday of trading updates
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News
Wyke Farms boss warns businesses face ‘relentless’ cost hikes
Rich Clothier said the ’tough year’ just gone could be overshadowed by a ‘seismic’ and irreversible ’tsunami of extra costs’ over the next 12 months
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News
Tesco boss Ken Murphy accuses rivals of phoney price war
Murphy said Tesco has now been the UK’s cheapest full-line grocer for over two years
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News
M&S chief calls on government for ‘growth plan for the country and business’
Speaking as M&S announced its Christmas trading results, Stuart Machin said extra costs arising from the budget would affect the retailer’s approach to recruitment
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News
Hilton Foods hails strong Christmas trading period
The meat supplier was helped by the launch of new premium products in the UK.
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News
B&M shares tumble after profit guidance cut
B&M’s trading over the Christmas period was weaker than expected
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News
City snapshot: Tesco and M&S celebrate a record Christmas as shoppers splash out
Tesco and Marks & Spencer have revealed strong Christmas numbers this morning as consumers splashed out on premium ranges for the big day. Plus, Christmas trading updates from Hilton Food Group, B&M Bargains and Greggs, with the latest shop price inflation data from the BRC and NielsenIQ
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News
M&S ‘the top performing store-based grocery retailer’ in Christmas ‘golden quarter’
Food sales were up 8.7% in the 13 weeks to 28 December, and 8.9% up on a like for like basis
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News
Tesco delivers ‘biggest ever’ Christmas as shoppers splurge on Finest range
Tesco has delivered its “biggest ever” Christmas as Britain’s biggest retailer lowered festive prices and won shoppers from rivals
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News
Yeo Valley’s margins squeezed in ‘fiercely competitive marketplace’
Yeo Valley acknowledged ‘the sometimes competing forces’ of paying a fair price to farmers while keeping retail prices low
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News
Home Bargains’ turnover and profits soar as store estate grows
The retailer opened 31 new stores in 2024 and is set to launch a ‘highy automated’ new one million sq ft distribution centre in spring
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News
William Jackson Foods posts £1.5m loss
The Abel & Cole owner called it ‘another challenging year’