Results – Page 49
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NewsBlakemore takes £18m hit after exiting cash & carry sector
Annual results for the year ending 30 April 2018 show the wholesaler recorded a loss of £18.8m on sales of £1.26bn
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NewsProfits slump at Princes after 'raw material price increases'
Princes had already announced plans to shut down its Chichester manufacturing site in 2020
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Analysis & FeaturesSainsbury's shares rise despite weak third quarter
The City sent the supermarket’s shares upwards despite it being singled out as the industry laggard in Christmas performance
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NewsCity snapshot: Lidl festive sales jump 8%
Sales at Lidl jumped 8% year-on-year over the festive period, driven by strong sales of its Deluxe range. Plus Fortnum & Mason sales surge 12% over Christmas and all the latest news from the City.
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NewsCity snapshot: Tesco outperforms market with 2.6% festive sales growth
A hectic morning sees Christmas trading updates from grocery stalwarts Tesco, John Lewis Partnership, Marks & Spencer as well as B&M, C&C Group, McBride and Hilton Food Group.
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NewsSainsbury's attributes falling sales to cautious shoppers
Like-for-like sales from Argos stores open for over a year in Sainsbury’s supermarkets increased 10% year on year
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NewsSainsbury's festive sales fall 1.1% despite grocery growth
Sainsbury’s has blamed “cautious consumer spending” for a 1.1% fall in like-for-like sales over the Christmas period, Naked Wines has driven growth at Majestic, and much more on a busy day in the City
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NewsWholesale growth drives 3.6% Morrisons Christmas sales rise
Morrisons has reported a like for like festive sales jump of 3.6%. Plus market share data shows a slowdown in grocery growth over Christmas.
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NewsSelfridges reports 8% rise in sales for Christmas period
Sales were up also up 8% in the week leading up to Christmas 2018
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NewsHalewood Wines & Spirits profits triple as sales soar
This time three years ago Halewood was more than £8m in the red, and sales had fallen £38m.
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NewsUS expansion puts Baxters back in the black
Soup maker Baxters Food Group is back in the black after a year of US expansion grew sales.
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NewsPark Garage Group credits pre-tax profit hike to Brexit plan
Forecourt operator invested £700,000 to create a framework of best-practice
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NewsAddo Food Group plunges into red in first year of PE ownership
PE house LDC completed a secondary buyout of the Pork Farms munfacturer in April 2017
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NewsDairy operators blame cost hikes for profits slowdown
Wyke Farms, First Milk’s cheese operation and Graham’s The Family Dairy have all been hit
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NewsLiberty Wines earnings hammered by weak pound
Sales surged but ”did not neatly translate into the margins we had been achieving”, said the distributor’s COO
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NewsNext kicks off Christmas reporting season with solid sales performance
High street bellwether Next has reported sales growth in-line with expectations over the festive period, but has cut its profit guidance due to higher sales of lower margin goods.
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NewsCellar Trends profits fall following loss of brand rights
The business has posted a pre-tax loss of £270,965 for the year ending 31 May 2018
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NewsGeneral Mills beats profit estimates despite decline in yoghurt sales
The Old El Paso manufacturer’s shares jumped 4.8% prior to trading, after it revealed improved margins
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NewsNando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.