All Financial Results articles – Page 195
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NewsNetto loss hit £40m in year before JS and Dansk decided to pull plug
Annual pre-tax losses reached almost £40m at Netto in the financial year before Sainsbury’s and Dansk pulled the plug
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Comment & OpinionTesco’s ‘big six’ questions
Dave Lewis hailed its first-half results as proof the retailer was “out of crisis”. Here are the big six questions raised by today’s announcements
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Analysis & FeaturesTesco results: what the analysts say
Analysts full of praise for CEO Dave Lewis as “the tanker is turned around”
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NewsDave Lewis targets bigger profits as Tesco reports growth
CEO says the business has “moved out of crisis” and sets sights on further cost reductions
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NewsGreggs faces rising costs as pound plunges
Greggs has warned of mounting pressures on food prices as the fallout from Brexit continues to weaken the pound and labour costs rise.
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NewsCity snapshot: Greggs’ third quarter sales up 5.6%
Third quarter sales at bakery food to go chain Greggs (GRG) rose 5.6%, though its rate of like for like growth slowed during the 13 weeks to 1 October. Plus, the FTSE bursts through the 7,000pts mark as the pound falls to mid-1980s levels and all the rest of today’s news from the City.
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Analysis & FeaturesIs slowing profitability all part of the Aldi masterplan?
The chain says it will continue to prioritise investment in margin
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NewsHovis pushed into £19m loss by 'poor market conditions'
Hovis plunged to a £19m loss in its second year of trading since being spun out of Premier Foods as it battled to hold on to market share in a declining bakery category
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NewsIndustrial sales drive McCormick UK revenues up 6.6%
US spices and sauce giant McCormick saw a 6.6% uplift in sales from its UK division last year, although the proportion of its sales booked in the UK market fell back
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NewsWalkers feels the heat from rivals' baked snacks and popcorn
Rivals’ baked snacks and popcorn have taken a bite out of revenues at Walkers
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NewsSainsbury's investors face more misery as like-for-likes fall
A second consecutive quarter of declining like-for-like sales at Sainsbury’s resulted in more misery for investors
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NewsScotmid Co-operative increases trading profit and turnover
The society said the “sluggish” economy and unfavourable retail landscape would be “a significant ongoing challenge”
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NewsProduce Investments looking to broaden into other veg
Potato and daffodil supplier delivers “robust” results despite challenging market
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NewsStella Artois Cidre falls £23m as retailers rationalise ranges
Sales of the cider portfolio plunged 40.4% to £33.9m on volumes down 42.6%
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NewsCity Snapshot: US drives “strong” annual sales growth for Imperial Brands
FTSE 100 tobacco firm Imperial Brands has reassured the market it is on track to meet full year expectations, driven by strong US growth and currencies
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Comment & OpinionSix key messages from Mike Coupe on Sainsbury's strategy
The Sainsbury’s CEO was upbeat about strategy today, despite a 1.1% fall in like-for-likes
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NewsSainsbury's results: What the analysts say
For two years, Sainsbury’s defied the economic gravity of Britain’s supermarket shootout. The brand has come down to earth with a bump
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NewsCity snapshot: Sainsbury’s like for likes down 1.1% in second quarter
Sainsbury’s has announced a 1.1% like for like retail sales fall, excluding fuel, for the 16 weeks to 24 September 2016.
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NewsDr Oetker UK profits up by 64% as efficiencies pay off
UK revenues at pizza and home baking supplier Dr Oetker edged up to £156m last year, but profits jumped by two-thirds driven by operational efficiencies and the accounting treatment of previous acquisitions.
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NewsAldi results: What the analysts say
Aldi announced another set of record results as sales reached £7.7bn, but profits shrank. What did the industry analysts make of it?