All Financial Results articles – Page 42
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NewsM&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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NewsHilton 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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NewsB&M shares tumble after profit guidance cut
B&M’s trading over the Christmas period was weaker than expected
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NewsCity 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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NewsM&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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NewsTesco 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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NewsYeo 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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NewsHome 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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NewsWilliam Jackson Foods posts £1.5m loss
The Abel & Cole owner called it ‘another challenging year’
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NewsDuerr’s chalks up record profits as inflation eases
F Duerr called it a ‘vastly improved sales and profit result’ after several difficult years
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NewsMeek Christmas fails to save 2024 retail trading
UK retail sales increased by just 0.7% last year after a weak final quarter, as non-food sales remained in decline despite persistent inflation
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NewsTyphoo Tea creditors owed £100m with PE owner taking large hit
Typhoo Tea owed creditors close to £100m at the time of its collapse late last year, with its private equity owner taking a massive hit, new documents from administrators have revealed
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Comment & OpinionIs Aldi’s ‘record-breaking’ Christmas really that impressive?
Despite the headlines, this year’s was Aldi’s slowest Christmas growth since 2021, when the numbers were skewed by unusually high grocery spend during lockdown
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NewsMeadow Foods profits slow after sale to Fairfax Financial
Transaction costs of more than £3m from the sale reduced profits, however the underlying business remained ‘strong’, Meadow stressed
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NewsDriver death fine puts cidermaker Westons in the red
Westons was fined £1.4m over two health and safety breaches that resulted in a fatality
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NewsMüller takes £65m hit to profits from Milk & More sale
The dairy giant stressed the Milk & More-linked losses were a one-off with the overall performance of the business in 2023 ‘strong’
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NewsCity snapshot: Walkers’ revenue jumps despite volume struggles
Walkers Crisps has lost more sales this year after average prices increased 4.1%, according to The Grocer’s Top Products survey.
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NewsBerry Bros & Rudd sees sales and profits slide on ‘turbulent’ year
A ’challenging year’ in the US was partly to blame for the results
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NewsPoundland returns to £1 price point roots in a bid to get trading ‘back on track’
The retailer has filed a trademark application for ‘Home of the £1’ and is using the slogan in a new campaign