Results – Page 97
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NewsSainsbury's Q1 results: what the analysts say
Retail and city experts take sceptical view of supermarket’s upbeat Q1 statement
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NewsTiptree reports record turnover, but profits hit by factory costs
The record turnover of £40.6m in 2015 was driven by growth in the catering and ingredients channels
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NewsR&R Ice Cream’s first quarter sales drop 1.3%
Sales at R&R Ice Cream fell by 1.3% in the three months to 31 March 2016 due to exiting unprofitable contracts in its German business and tough trading conditions in the UK.
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NewsFairway Foodservice passes £600m sales with 13% growth
Buying group is made up of 13 wholesale members
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NewsRowe's comments send shockwaves through the City
Steve Rowe’s ascension to the Marks & Spencer hotseat was widely welcomed, but his first set of annual results at the helm of the high street stalwart sent shockwaves through the City.
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NewsFerrero UK losses escalate to £16m as it targets choc top spot
Chocolatier Ferrero has suffered an escalation in UK losses after investing heavily in its quest to grow sales
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NewsInnocent growth plan pushes it into the red
Profits have plummeted at smoothie maker Innocent Drinks for the second year in a row
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NewsUK store openings drive B&M's revenues above £2bn
B&M Bargains owner B&M European Retail saw revenues top £2bn in the year to 26 March 2016, driven by new store openings.
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NewsCity snapshot: Earnings up 5% at Tate & Lyle after year of restructuring
Group sales of £2.4bn were 1% higher than the prior year
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NewsMedia Bites 26 May: M&S, BHS, Tesco
Unsurprisingly M&S dominates the retail headlines this morning after its shares fell by more than 10% yesterday.
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NewsCity Snapshot: M&S profits drop 19.5% as it steps up convenience roll-out
M&S saw profit before tax drop 19.5% to £483.3m on revenues up 0.8% to £10.4bn
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Analysis & FeaturesCostcutter reports sales decline but profitability in sight
Sales of Costcutter’s Independent own-label products were up 30%
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NewsCity snapshot: Poultry acquisitions boost earnings at Cranswick
Revenue for the year to 31 March rose by 6.6% to £1.07bn with comparable volumes up 12% in the year
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NewsSlowing Chinese economy hits Aquatic Foods Group
Chinese seafood company Aquatic Foods Group has reported a 7% drop in first quarter revenues reflecting the pressures of the stalling Chinese economy.
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NewsKettle Chips profits fall amid 'intense' competition
Kettle Chips has seen profits fall more than 31% in the UK as intense competition and heavy promotions in the snacking sector ate away at margins.
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NewsCity News: Asda figures offer little cause for optimism
Asda may have already hit its “nadir”, but its first-quarter figures provided little cause for comfort
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NewsDairy Crest enjoys profit boost after liquid milk sale
Processor reports increase in pre-tax profits after offloading dairies division to Müller
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NewsFever-Tree shares fizz to record high
Shares at Fever-Tree have rocketed by more than 18% to record levels after the premium mixer brand said trading had outperformed expectations in the first four months of 2016.
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NewsAsda Q1 sales slide 5.7%
Asda has posted a 5.7% decline in like-for-like sales in its first quarter as the supermarket continued to struggle against “fierce competition”.
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NewsCity snapshot: Booker profits up despite like-for-like sales slip
Operating profit (before exceptional items) was up 11% to £155.1m