All Financial Results articles – Page 14
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NewsMorrisons fresh meat counters move to mostly prepacked model
Morrisons said under the new model its in-store butchers would cut meat at the start of the day into a variety of different pack sizes
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NewsPZ Cussons puts investors in a lather as shares fall on transformation update
PZ Cussons failed to convince the markets this week on the progress of its ongoing transformation as the personal care group sold off its stake in the Nigerian edible oils business for £51m
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NewsFlora Food Group sales and profits slump in promotion push
Profits at Flora Food Group have declined in the UK as the former Unilever spreads business invested in lower prices and a major marketing campaign for Flora to highlight its dairy-free credentials
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NewsPerfectTed tops startup ranking with 500% growth spurt
Matcha energy drink startup PerfectTed’s staggering growth spurt over the past two years has made it the fastest-growing founder-led startup in the UK
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NewsPZ Cussons flogs African palm oil business but EPR rules in UK hit profits
PZ Cussons has sold its stake in a Nigerian edible oils business for £51m as the London-listed personal care group makes progress on efforts to simplify the group
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NewsTesco credit rating boost follows strong results
Tesco is in good shape to cope with a supermarket price war, according to S&P, leading to an upgrade from the credit ratings agency
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NewsTesco share price climbs higher after strong start to the year
Tesco fought off intensifying competition from traditional and discount rivals to continue its run of growing market share in the first quarter to 24 May
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NewsWarburtons defies downturn in wrapped bread as sales rise
Revenues at the group increased 4.2% to £741.1m in the year to 28 September 2024, with volumes defying the structural challenges in the wrapped bread segment of the market by rising 2.9% year on year
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NewsTesco boss Ken Murphy admits rivals have ‘upped their game’ in supermarket price war
Tesco’s sales hit £12.3bn in the quarter as its market share climbed to 28% in the latest Kantar results.
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NewsTesco wins more market share as Finest range goes from ‘strength to strength’
The rise in sales beat City expectations, with Tesco highlighting a strong performance from its premium Finest range
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NewsVK and Hooch owner Global Brands suffers sales hangover from introduction of lower abv for its alcopops
Global Brands reduced the abv of its alcopops so it could pay a lower tax rate
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NewsMedia Bites 10 June: consumer spending, spending review nerves, e-cig flop
Today’s food and drink headlines are dominated by the doom and gloom of new figures showing families are cutting back on spending in the shops in their droves
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NewsMash Direct back in the black after ‘reset with purpose’
Mash Direct grew sales to just under £24m in the 10-month period to 31 December 2024, according to its latest accounts
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Comment & OpinionWhat is the outlook for B&M as profits continue to fall?
B&M’s full-year earnings may be in line with its downgraded forecast, but investor patience is wearing thin as analysts wait for the new boss to get stuck in
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NewsBrown-Forman forecasts sales and profit declines citing tariffs
Brown-Forman is less exposed to tariffs than other booze suppliers as it has a large US production presence
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NewsB&M’s share price down 16% after recognition of poor performance
The retailer’s difficulties have caused its share price to halve since the end of 2023
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NewsFever-Tree’s US expansion undeterred by Trump’s tariffs
Fever-Tree sold an 8.5% stake to Molson Coors in January as part of a strategic partnership to expand across the US
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NewsNorthern Monk surge continues but cash remains tight
The company said that, as is common with growth-stage businesses, it is not yet profitable and is funded by private equity
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NewsRémy Cointreau abandons 2030 sales target amid tariff uncertainty
Tariff uncertainty and a slowdown in US spirits have hit sales and profits at the French spirits group
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NewsWH Smith to complete sale of high street stores within weeks
In a trading update, WH Smith gave a picture of what the slimmed-down company will look like in future