more results news & analysis – Page 196
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Booths sales and profits in growth as it targets expansion
Booths has overcome food deflation and tough promoting in the market to post sales and profit growth.
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Britvic blames poor summer weather for Q4 sales drop
Poor summer weather squeezed performance of Britvic soft drinks in European markets in the fourth quarter, the company has reported in a trading update.
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Unilever's third quarter revenues hit by currency headwinds
Unilever has reported third quarter underlying sales growth of 2.1%, but foods remained the group’s worst performing category.
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Premier Foods dampens profit expectations as Q3 sales fall 4.7%
Premier Foods has reported a 4.7% drop in third quarter underlying sales and said its full year profit will be at the lower end of expectations.
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Tesco boss Lewis sets out three-pronged turnaround plan
Embattled Tesco boss Dave Lewis Dave today set out a three-pronged strategy to rescue the crisis-hit giant.
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Tesco results: what the analysts say
We round up reaction to Tesco’s interim results and the findings of its accountancy investigation.
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Tesco confirms profit hole of £263m
The black hole in Tesco’s finances was even worse than expected and “similar practices” have been going on in previous reporting periods, the Deloitte investigation into the retailer has found.
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BAT cigarette volumes decline in 'challenging' market
British American Tobacco has reported a small fall in cigarette volumes in the first nine months of the year as its headline revenues were hit by currency movements.
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Four new Booker Makro dual format C&C depots on the way
Booker is rolling out its new Booker/Makro combined format to four new depots over the next few months…
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Warren Buffett’s Berkshire Hathaway slashes Tesco stake
Warren Buffett’s Berkshire Hathaway has slashed its interest in Tesco, reducing its stakeholding below 3%.
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Nestlé sales punished by negative exchange rates
Swiss food group Nestlé recorded a 3.1% fall in sales in the first nine months of the year, as it was hit by negative foreign exchange rates.
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Diageo sales drop 1.5% in first quarter
Uncertainty arising from the Ukraine crisis and weak consumer confidence has hit Diageo’s sales in Russia and Eastern Europe.
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WH Smith enjoys full-year profit boost despite falling sales
WH Smith shares jumped by 3.5% in early trading after the newsagent group posted an 8% increase in full-year pre-tax profit.
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Home Bargains owner TJ Morris boosts revenues by 21%
TJ Morris, which trades as Home Bargains with more than 320 stores, is on track to achieve its stated aim of at least 700 stores within five years.
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Danone's sales boosted by recovery in baby foods
Danone’s sales rose 6.9% on a like-for-like basis in the third quarter, driven by strong sales growth in baby food.
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SABMiller’s volumes dip on Australia and China weakness
Global brewer SABMiller announced a 1% dip in second-quarter beverage volumes after a marked slowdown of beer sales in Asia Pacific.
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Thorntons reports double-digit sales fall in first quarter
Thorntons has seen a 11.9% first quarter sales fall as its shift to an fmcg-focussed business causes fluctuations in quarterly sales.
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Garden centre acquisition hits Roys of Wroxham profits
Investment in new technology and improvements to stores layout contributed to an almost 40% fall in profits at Roys of Wro…
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Ready meals specialist Bigham's doubles its retail sales
Upmarket ready meals specialist Charlie Bigham’s almost doubled its sales last year as it scaled up investment…
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Asda’s operating profit rockets by 18.3% in 2013
Asda saw a significant profit hike last year despite losing market share, new accounts in Companies House reveal.