All Financial Results articles – Page 38
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Comment & OpinionSpirit giants Diageo and Pernod Ricard show ‘challenging’ is the new normal
Spirits giants Diageo and Pernod Ricard have both said they can no longer rely on previously outlined sales guidance
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NewsDiageo share price hangover drags on as tariff threat looms
Diageo gave a sobering read on Donald Trump’s burgeoning tariff war this week, blaming the White House for threatening to derail its recovery from a protracted post-Covid hangover
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NewsRiverford Organic Farmers doubles profits as Brits demand sustainable veg
The veg box company grew turnover 11% back to its Covid high water mark
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NewsCarlsberg grows top and bottom line despite volume softness
Sales slowed significantly in the second half of the year, however
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NewsAsda must restore revenue growth to avoid credit derating, Moody’s warns
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines in its credit rating
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NewsMondelez expects drop in earnings due to ‘unprecedented’ cocoa costs
The chocolate maker’s share price is down almost 30% over the past year
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NewsTony’s Chocolonely sales hit €200m but losses mount due to record cocoa prices
The strong growth came amid a tumultuous year for chocolate makers as cocoa prices hit record highs
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NewsPepsiCo misses sales forecasts due to weak US demand
Shares in the company fell 2% in pre-market trading
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NewsPlatinum Retail enjoys 40% surge in turnover to £163.8m
The forecourt operator reported the strong growth following investment in site expansion, food to go and technology
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NewsDiageo ‘working round the clock’ to replenish Guinness stocks
Guinness has bucked wider declines in beer, leading to shortage fears
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NewsCity snapshot: Diageo’s shares slip after scrapping sales forecast
Diageo shares have slipped in early trading after the drinks giant issued a crucial set of half-year results. Also, supermarket sales keep rising in January
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NewsDiageo removes medium-term sales guidance as US tariffs loom
The drinks giant blamed economic and political uncertainty for the removal of a medium-term target
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NewsCity snapshot: Ultimate Products shares crash amid weak consumer demand
Homeware group Ultimate Products is the latest consumer-facing firm to take a hit from the current challenging market conditions as revenues slide on weaker demand for general merchandise
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NewsWaitrose on track for ‘significant’ improvement in profits despite reports it missed Christmas sales
Waitrose has confirmed the figure came from a monthly sales update. However, it did not include key days of Christmas or new year sales
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NewsCity snapshot: John Lewis to fall short of profit targets as Waitrose disappoints at Christmas
Disappointing Christmas sales at Waitrose are to blame for John Lewis missing profits targets over the festive season in a setback for the partnership’s ongoing turnaround
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NewsWH Smith shares surge as investors welcome potential high street sell-off
The share price rose 8% following the results on Wednesday, bringing its total gain for the week to more than 12% as investors welcomed news of the potential for a more focused travel group
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NewsMontezuma’s back in black in first year after rescue
Revenues at the business surged in the year to 31 May 2024 to £10.8m – higher than at the chocolate maker’s peak – as new owner Paramount Retail Group focused on a turnaround
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NewsScience in Sport reset now ‘well underway’
The sports nutrition business saw revenue finally pick up in the second half of the year
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NewsGusbourne falls back on DTC as wine sales stutter
Direct sales now make up a third of the English wine maker’s revenue
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NewsGreencore delivers positive Q1 but warns of ‘unprecedented’ labour cost challenges
Sandwich maker Greencore has reaffirmed its full-year guidance following a ‘strong’ first quarter with volumes growing ahead of the market