All Financial Results articles – Page 52
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NewsCity snapshot: Supreme upgrades profit forecasts as it strikes ElfBar distribution deal
Vape manufacturer Supreme has significantly upgraded its profit expectations for its 2023/24 financial year. Plus, Science in Sport chairman John Clarke is stepping down after nine years
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NewsCity snapshot: Return to grocery volume growth boosts Sainsbury’s sales
Sainsbury’s has posted first quarter like-for-like growth of 9.8% as pricing and a return to grocery volume growth boosted revenues.
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NewsPricecheck export sales exceed pre-Brexit levels
The Sheffield-based business, which sells to more than 100 countries worldwide, achieved growth of 44% in export sales in the financial year to 30 April 2023
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NewsWalgreens Boots Alliance shares slump on slashed forecasts
The group slashed its full-year guidance due to performance being hit by a slowdown of pharmacy sales post-Covid
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NewsCity snapshot: B&M UK first quarter sales up 9.2% on grocery and home growth
B&M Bargain’s owner B&M European Value Retail has posted double-digit first quarter growth driven by strong like-for-like growth in the UK
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NewsBoots to close 300 stores over the next year
Shopworkers affected by the closures are to be offered jobs at other stores
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NewsCity snapshot: Dekel Agri-Vision profits fall despite record palm oil prices
Profits at Dekel Agri-Vision have fallen despite the company benefitting from record palm oil prices as a poor harvest hit production at the agribusiness group.
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NewsKay Group’s turnover shoots up by 35.2% to almost £200m
The 23-site operator said it had been actively promoting customer retention through its services, facilities and frontline staff
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NewsCity snapshot: Associated British Foods lifts profit expectations
Associated British Foods has raised its profit forecasts for the year as the grocery and ingredients divisions benefitted from price rises. Plus, Cake Box is upbeat about year ahead as it reports falling profits and Sainsbury’s announces a £15m investment to cut the price of cupboard staples such as rice and pasta.
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NewsCity News: THG shares jump on back of ‘strong’ second quarter
THG shares jumped on Wednesday thanks to an expected boost to profitability and the removal of its founder’s block on any potential sale
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NewsWhole Foods Market sees UK losses rise to £26m
Newly filed accounts for UK trading arm Fresh & Wild showed operating losses rose 53%
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Analysis & FeaturesThe inside story of Meatless Farm’s rise and fall
Meatless blamed an investor pullout, but others attribute the brand’s ‘unbelievably bad’ numbers to poor management
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NewsCity snapshot: Warm weather boosts UK retail sales
UK retail sales continued to rise in May after bouncing back to growth in April as warm weather boosted the industry
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NewsCity snapshot: Tesco UK sales up 9% amid ‘encouraging’ signs on inflation
Tesco has grown its UK like-for-like sales by 9% in its first quarter as its CEO points to ‘encouraging early signs that inflation is starting to ease’
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NewsFoodservice wholesaler RD Johns’ turnover jumps by 66% in 2022
The improved offering helped the company to bring in £7m of business from new customers across the hospitality, education and care sectors
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NewsCity snapshot: Record palm oil production for Dekel Agri-Vision as prices start to soften
Dekel Agri-Vision has reported a softening of palm oil prices as it delivered another “strong” month of soaring production.
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NewsThorntons back in the black after shift from retail outlets to fmcg
Thorntons has bounced back into profit for the first time since its acquisition by Ferrero in 2015, as it reaped the benefits of shuttering its flagging retail estate
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NewsCostco profits jump 44% to £120.6m in 2022
Fuel sales were improved by the opening of a new petrol station in Watford, which took the business’s total to 19 petrol stations across 29 warehouse sites
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NewsCity News: B&M boosted by cost-conscious shoppers as sales soar
The rise of cost-conscious shoppers has bolstered B&M’s annual sales to almost £5bn, sending its share price soaring this week
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NewsCharlie Bigham’s growth surges but input costs hit hard
Charlie Bigham’s has continued its post-pandemic growth surge, but margins have been hit by delays passing on soaring input inflation to retailers and shoppers