Results – Page 67
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Sainsbury's raises profits forecasts after record Christmas
Sainsbury’s has lifted its profits expectations for the year after a record Christmas week, but the supermarket’s growth was held back by declining general merchandise sales as Argos struggled.
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Market share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
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Lincolnshire Co-operative reports 7% Christmas boost
The society paid out a dividend bonus of £1.9m to its 280,000 members in December
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Poundworld profits slump following 'significant' investment
Discounter is looking to open “a substantial” number of stores in each of the next three years
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Majestic hails a 'robust' Christmas performance
Majestic Retail sales grew 1.2%, while Naked Wines put in the strongest performance, growing sales by 13%…
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Morrisons reports festive sales boost
Morrisons has reported a 2.8% uplift in group like for like sales excluding fuel over the ten weeks to 7 January and a 3.7% jump over the Christmas period.
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Halewood Wine & Spirits cements turnaround with year of growth
The Lambrini owner ditched underperforming brands to focus on premium and craft spirits…
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Seabrook profits jump but sales fall back again in 'extremely challenging' category
The Yorkshire-headquartered brand said the year to 26 March 2017 had been “extremely challenging” as supermarkets rationalised shelf space in the crisps and snacks category as they continued to lose share to the discounters.
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Dunbia turnover drops after pork sale
Meat giant Dunbia saw turnover fall by almost £20m in the wake of the sale of its pork division to Cranswick
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Ocado shares surge amid international licensing deal rumours
Hopes online grocer Ocado is soon to announce further progress on international expansion drove its shares to their highest
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Crawshaw shares sink as record Xmas week fails to halt decline
Shares have crashed almost 8% in Crawshaw this morning after the value meat retailer revealed a heavy decline in underlying sales in December, despite a record week leading up to Christmas.
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Nisa reports Christmas sales increase of 17.7%
Nisa is set to be taken over by the Co-op after three quarters of its members voted in favour of a takeover…
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Cook Trading pre-tax profits down by 10%
According to accounts filed at Companies House this week, pre-tax profit fell 10.3% to £2.45m
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Aldi UK sales up by 15% in December as shoppers switch from 'expensive' rivals
A surge in demand for its premium range helped the discounter to a record Christmas period
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City snapshot: Record Christmas for Aldi as shoppers switch from 'expensive' rivals
A surge in demand for its premium range has helped Aldi to a record Christmas as year-on-year UK sales shot up by more than 15% during December.
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City snapshot: Next’s Christmas sales rise but in-store slump points to tough retail conditions
Next has posted better than expected trading in the run-up to Christmas, but a 6.1% drop in in-store sales points to a festive trading difficulties in non-food for traditional retailers. The FTSE opens the year on the back foot as fmcg giants fall back and the rest of the latest news from the City.
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Princes profits hit by cost hikes and exchange rate pressure
Pre-tax profits excluding impairment charges were £28.7m, down from £54.4m in 2016
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Camerons Brewery hails 'strong year' as profits boom
Its contract brewing arm had performed particularly well, said chief executive Christopher Soley…
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Sales surge at London craft brewery Camden Town
Revenues for the brand, snapped up by brewing behemoth AB InBev in January 2016, grew £2.53m to £16.9m
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Bread Holdings heads for sale with soaring sales
Revenues have surged 24% at Bread Holdings as the upmarket bakery group behind the Gail’s chain prepares a sale