Results – Page 120
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Analysis & Features
City News
By lunchtime, Real Good Food shares had collapsed 20.6% since the market opened to 33.3p
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News
Young’s Seafood boss insists it's business as usual despite sale rumours
In an exclusive interview with The Grocer, Young’s Seafood boss Pete Ward has insisted it’s business as usual at despite sale rumours and tough market conditions for frozen foods.
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News
Tate and Lyle reassures the market ahead of full year results
Sucralose producer Tate & Lyle has seen its stock rise 2.3% so far today to 622p on the back of a pre-close trading update for the fourth quarter.
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News
M&S shares soar as food sales grow and clothing turns a corner
Shares in Marks & Spencer have shot up to a new seven-year high as the group revealed it performed ahead of the grocery market in the fourth quarter and reversed 14 straight quarters of declining fashion sales.
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Analysis & Features
Cadbury promotes most but Easter deals decline overall
There has been an 8% drop in deals in featured promotional space in the run up to this Easter
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News
Treatt stock jumps on positive first half update
Shares in listed ingredients group Treatt jumped 3% today to 144.7p as it reported “solid” revenue growth in its first-half compared with a year ago, with profits also up.
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News
Drambuie sales suffer as revenues fall in US and Europe
If currency fluctuations were stripped out, it would have meant a 4% rise on the previous year, according to newly filed accounts
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News
Fever-Tree targets US growth as listed results show success
It achieved growth across all its regions, and launched in its 50th country during the year
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Analysis & Features
Kraft shares jump on news of 'mega-merger' with Heinz
Analyst reception to the announcement was also largely positive, but tempered with a significant amount of caution
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News
Hilton revenues fall as prices and currency movements bite
Revenues reduced by 2.3% from £1.12bn to £1.1bn, reflecting a 4.6% unfavourable movement in exchange translation
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Analysis & Features
Smaller players can still prosper in tough grocery market
Much of the commentary around the relationship between grocer and supplier has focussed on the supermarkets squeezing unreasonable terms from under-pressure manufacturers. But this is not necessarily the case.
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News
Fletchers acquisition boosts Finsbury Food Group revenues
Cake and bakery supplier Finsbury Food Group has reported a 24.1% jump in first half revenues after being boosted by its acquisition of Fletcher’s Bakery Group.
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News
Fever-Tree's sales and earnings grow by almost 50%
Sales and earnings at premium drinks mixer supplier Fever-Tree were both up by almost 50% in its first year as a listed company.
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Comment & Opinion
Profitability and predictability: Ousting retail’s ‘like-for-like’ facade
Every year the key players in retail release their annual ‘like-for-like’ data, but is this really painting an accurate picture of their successes?
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News
Sainsbury's Mike Coupe says price war narrowing discounter gap
Huge price investments by the major multiples have begun to close the price gap on Aldi and Lidl,…
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News
2 Sisters CFO Steve Leadbeater vows chicken group will recover
2 Sisters is a profitable business, despite its £143m loss last year, and remains well on the road to recovery…
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Analysis & Features
Sainsbury's fourth-quarter sales outperform low expectations
Sainsbury’s shares received a boost this week after the supermarket outperformed the City’s rather low fourth-quarter sale…
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News
General Mills' sales and profits fall as it looks to cut jobs
Sales and earnings at General Mills, which owns brands such as Old El Paso, Lucky Charms cereal and Green Giant, have fallen in its third quarter as a result of the strong dollar and restructuring costs.
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Analysis & Features
The Grocer Says: Sainsbury's beats forecasts but a return to growth remains a distant prospect
Sainsbury’s share were up by 5.5% from their Friday close price early this morning after its fourth quarter like-for-like sales defied doom-mongering forecasts.
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News
2 Sisters warns of more pain as Avian flu and price war hits trading
2 Sisters is feeling the effects of the supermarket price war with boss Ranjit Singh warning of difficult trading conditions