latest – Page 23
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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
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NewsCity snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
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NewsMolson Coors buys 8.5% stake in Fever-Tree as part of US tie-up
Fever-Tree co-founder and CEO Tim Warrillow called it a ‘transformational step’
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NewsCity snapshot: WH Smith high-street sales slides but Morrisons is on the up
WH Smith’s high-street stores saw sales fall 6% as the company gears up for a potential sell-off. Morrisons delivered its strongest quarter for almost four years
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NewsMorrisons turnaround gathers momentum to end the year on a high
Morrisons has delivered its strongest quarter for almost four years following a year of ‘urgent reinvigoration and positive progress’
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NewsNaked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting
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NewsVirgin Wines raises a glass to ‘highly encouraging’ Christmas
Revenues increased 6.7% year on year over the six weeks to 27 December, with sales over the month as a whole up 9% compared with December 2023. The DTC wine retailer said it was the highest level seen since the peak period during the Covid lockdowns
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NewsWH Smith high street sales down 6% ahead of potential sell-off
The retail chain has confirmed it is in talks to sell its high street business to focus exclusively on the Travel division
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NewsSSP Group maintains guidance following ‘good’ start to new financial year
A recovery at SSP Group has continued to gather momentum, benefiting from strong growth in the travel industry around the world and fewer strike days on the railways in the UK
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NewsCity snapshot: Pets at Home revenue slide continues while AG Barr fizzes
Pets at Home’s revenue drop in the third quarter. AG Barr sees double digit profit growth, and shop prices down for second consecutive month.
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NewsPets at Home sales hit by weak footfall in ‘golden quarter’
Revenues at Pets at Home have fallen in the ‘golden quarter’ as the challenging consumer environment led to fewer customers visiting stores
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NewsAG Barr profits rebound as core brands fizz
Rubicon was the stand-out performer with another year of double-digit growth.
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NewsProfit warnings ramp up across retailers in ‘golden quarter'
Profit warnings at UK retailers ramped up in the final ‘golden quarter’ of the year as consumer confidence remained under pressure
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NewsPremier Foods share price gains continue thanks to strong Christmas
Premier Foods’ continued recovery looks to have assured investors it is fighting fit as markets increasingly back the group’s roster of brands
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NewsChapel Down boss credits ‘deep’ promos for festive sales boost
Promotions helped Chapel Down boost off-trade sales in the second half of 2024
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NewsProcter & Gamble beats estimates as shoppers buy more
Net sales rose 2% in the three months to 31 December, the biggest increase in three trading quarters.
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NewsCity snapshot: ABF in choppy waters while Chapel Down shows signs of hope
Associated British Foods has cut its guidance for Primark in 2025 while THG says it’s on track after the demerger of its Ingenuity business. Chapel Down posts strong Christmas to offset tough year.
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NewsTHG predicts growth in 2025 following Ingenuity demerger
Sales at THG have fallen in the final quarter of 2024 as the group completed its demerger of the Ingenuity platform
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NewsChapel Down hails ‘strong Christmas’ with off-trade sales recovery
Supermarket sales have improved after a dismal first half showing
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NewsAssociated British Foods cuts guidance due to tough UK market
Morgan Stanley and Citi both lowered their ratings on ABF this week due to concerns over Primark’s sales outlook