All Financial Results articles – Page 29
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NewsPoundland’s weak trading carries into new financial year – and Christmas
The group has put the brakes on Poundland estate expansion for the year
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NewsDeliveroo’s souped up loyalty programme giving aggregator app a boost
The app is also seeing ‘strong growth’ in grocery
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NewsBakkavor revenue grows 4% despite strike-fueled shortages
The UK continues to be Bakkavor’s strongest performing market
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NewsNichols on track to hit ambitious growth targets
Nichols set out ambitious medium-term growth targets in November, including revenue growth of 30% by 2029
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NewsDistil hit by spirits downturn as shoppers save cash over Christmas
Embattled spirits supplier Distil suffered a massive drop in sales in the run-up to Christmas as shoppers prioritised spending and traded down to own label
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NewsFortnum & Mason to launch loyalty scheme as profits soar
The ‘royal’ grocer Fortnum & Mason wants to capitalise on a ‘desire for a sense of belonging’ from its ‘best’ customers, said CEO Tom Athron
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Comment & OpinionPoundland’s theft clampdown was hinted at in its results. What else is on the way?
Along with need to tackle crime and stem shrinkage, Poundland’s annual results pointed to fundamental changes in the discounter’s strategy
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NewsLindt sees strong growth as price hikes offset record cocoa prices
Lindt said it was ‘a challenging year characterised by record-high cocoa costs’
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NewsMcKeon returns as Allan Leighton announces Asda management revamp
The supermarket said it was bolstering the food team with former Accolade Wines boss Ade McKeon rejoining Asda as vice president for ambient
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NewsNomad Foods looks to recover momentum after major tech disruption
In November, disruption caused by new software forced the company to lower its forecast revenue growth
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NewsCity Snapshot: Ocado Retail scores ‘record breaking Christmas’
The retailer was boosted by more people choosing to do some of their Christmas grocery shopping online, with total UK online spend for the month reaching a record £1.6bn.
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NewsOcado keeps up momentum to end year on a high
Revenue grew by 17.5% in the final quarter as the online retailer drew in more loyal shoppers
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NewsYoung’s and Karro owner Sofina eyes growth as sales top £2bn
Sales at the protein giant, part of Canada-based Sofina Foods, climbed by 5.6% to £2bn in the 53 weeks to 30 March 2024
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NewsPoundstretcher sinks to loss before acquisition but now ‘well positioned’ for growth
The retailer made pre-tax loss of £9.8m in the year to 31 March 2024, slipping from a £5m profit the year before
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NewsDiscount Dragon doubles revenue despite straining warehouse capacity
Discount Dragon also delivered a modest adjusted EBITDA profit for the first time in the month of October 2024
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NewsCity snapshot: EG Group set for $13bn New York IPO
Forecourt operator EG Group is readying a $13bn stock market flotation in the US for later this year. Plus, trading updates from Huddled and Eagle Eye
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NewsGreggs hit by ‘weak consumer confidence’ as growth slows to 2.5%
The chain surpassed £2bn in sales for the first time, but still faces ‘tough headwinds’
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Comment & OpinionIf even M&S is worried about growth, what hope is there for the stragglers?
Inflation is back on the agenda even after supermarkets worked hard to bring it down this Christmas
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Analysis & FeaturesRetail ranking: Christmas 2024 grocery league table
With last year’s golden quarter now firmly behind us, we round up how supermarkets fared during the crucial 2024/25 Christmas trading period
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NewsBoots posts strong Q1 results but warns of ‘heightened cost pressures’ after budget
‘Looking forward, we face heightened cost pressures in 2025,’ said Boots UK & Ireland MD Anthony Hemmerdinger