All Financial Results articles – Page 70
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NewsMeat snacks player New World Foods sales jump on protein snacking growth
Kings, Wild West and Cruga owner New World Foods has posted a double digit jump in sales and profits in the run-up to its acquisition by Valeo Food Group last year.
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NewsCity Snapshot: JD Wetherspoon calls for tax equality with ‘far more profitable’ supermarkets
JD Wetherspoon has called for tax equality between pubs and supermarkets as the group reported its losses for the year would be larger than expected. Plus, spirits group Distil issues a trading update and KKR’s acquisition of drinks bottler Refresco completes.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsCity snapshot: Record palm oil prices boost Dekel Agri-Vision
Dekel Agri-Vision has been boosted by record high prices for palm oil despite falling volumes at its operations in the Ivory Coast.
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NewsCity News: Sainsbury’s boosted Q1 sales not enough to offset inflation fears
Sainsbury’s tumbling share price received some respite this week after it posted better-than-expected first-quarter sales figures – but fears over the impact of the cost of living crisis continue to weigh on the stock
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Analysis & FeaturesIs Beyond Meat beyond hope? And what its slump says about the other plant-based players
Beyond Meat was on fire following its 2019 IPO, yet it’s since crashed and burned. The fall raises questions for the entire plant-based sector
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NewsWarburtons sales juggernaut rolls on but profits hit by increasing costs
UK bakery giant Warburtons held on to sales gains from the pandemic spike last year, but profit margins were hit by mounting costs
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NewsHaribo boosted by rebound in impulse
Haribo grew domestic UK sales last year despite “challenging” conditions for the category, with double-digit growth in early 2022 as impulse sales have rebounded
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NewsOver a third of Poundland’s sales are not at £1, accounts show
The newly filed full-year accounts to September also reveal Poundland’s acquisition of 100% shareholding in Poundshop.com came at a purchase price of £1
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NewsTyphoo losses mount but “transformation is underway”, says new boss
New accounts at Companies House revealed “extremely challenging” trading in the 18 months to 30 September 2021.
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NewsKitwave sales up 50% as ‘return to normality’ drives growth
The north east-based operator also said it saw pre-tax profits recover to £5.6m in the six months to 30 April 2022 from a £3.5m loss
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NewsSainsbury’s CEO Simon Roberts vows to support staff ahead of Living Wage vote
Earlier this year, the grocer became the first listed business to be hit with a shareholder resolution to become an accredited Living Wage employer
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NewsCity snapshot: Sainsbury’s sales slide amid ‘intensifying pressure’ on household budgets
Sainsbury’s sales fell back in its first quarter as both grocery and general merchandise sales fell as it warned of “intensifying pressure” on household budgets. Plus, new CFO for B&M and trading updates from Chapel Down and Surpreme.
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NewsCity snapshot: Pret a Manger back in the black as sales recovery continues
Pret a Manger has returned to profitability thanks to a strong recovery in revenues as the food-to-go sector continued its revival following the end of Covid restrictions.
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NewsCity News: B&M shares fail to be boosted by solid first quarter
B&M European Value Retail shares failed to receive much of a boost despite better-than-expected first-quarter sales, as fears persisted over the impact of inflation on its customer base
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NewsHappy Egg Co owner Noble Foods reports £30m loss as egg sales ‘soften’
Results posted at Companies House for Noble’s main shell egg business revealed year-on-year turnover dropped by 9.5% to £282.7m
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NewsBoots transformation plan gathers momentum as shoppers return to stores
Boots has continued its post-pandemic recovery as sales growth accelerated and a transformation programme progressed in the third quarter, owner Walgreens Boots Alliance revealed today.
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NewsPoundstretcher returns to profit as CVA reaps rewards
Operating profit rose to £88.3m in the 12 months to 31 March 2021, up from a £45.3m loss the previous year
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NewsMorrisons sales slump amid ‘very challenging’ trading environment
An update to investors for the 13 weeks ended 1 May revealed a 6.4% decline in like-for-like sales in the second quarter
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NewsCity snapshot: Food inflation ramps up in June as fresh prices accelerate
Food prices have raced to a new 11-year high, according to the latest shop price index from the BRC and NielsenIQ. Plus, McBride secure banking covenant waiver as it continues to battle with soaring costs; B&M issues first-quarter update; and Moonpig reveals full-year results.