All Financial Results articles – Page 6
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News
City snapshot: John Lewis to fall short of profit targets as Waitrose disappoints at Christmas
Disappointing Christmas sales at Waitrose are to blame for John Lewis missing profits targets over the festive season in a setback for the partnership’s ongoing turnaround
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News
WH Smith shares surge as investors welcome potential high street sell-off
The share price rose 8% following the results on Wednesday, bringing its total gain for the week to more than 12% as investors welcomed news of the potential for a more focused travel group
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News
Science in Sport reset now ‘well underway’
The sports nutrition business saw revenue finally pick up in the second half of the year
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News
Montezuma’s back in black in first year after rescue
Revenues at the business surged in the year to 31 May 2024 to £10.8m – higher than at the chocolate maker’s peak – as new owner Paramount Retail Group focused on a turnaround
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News
Gusbourne falls back on DTC as wine sales stutter
Direct sales now make up a third of the English wine maker’s revenue
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News
Greencore delivers positive Q1 but warns of ‘unprecedented’ labour cost challenges
Sandwich maker Greencore has reaffirmed its full-year guidance following a ‘strong’ first quarter with volumes growing ahead of the market
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News
City snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
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News
Molson Coors buys 8.5% stake in Fever-Tree as part of US tie-up
Fever-Tree co-founder and CEO Tim Warrillow called it a ‘transformational step’
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News
City snapshot: WH Smith high-street sales slides but Morrisons is on the up
WH Smith’s high-street stores saw sales fall 6% as the company gears up for a potential sell-off. Morrisons delivered its strongest quarter for almost four years
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News
Morrisons turnaround gathers momentum to end the year on a high
Morrisons has delivered its strongest quarter for almost four years following a year of ‘urgent reinvigoration and positive progress’
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News
Naked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting
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News
Virgin Wines raises a glass to ‘highly encouraging’ Christmas
Revenues increased 6.7% year on year over the six weeks to 27 December, with sales over the month as a whole up 9% compared with December 2023. The DTC wine retailer said it was the highest level seen since the peak period during the Covid lockdowns
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News
WH Smith high street sales down 6% ahead of potential sell-off
The retail chain has confirmed it is in talks to sell its high street business to focus exclusively on the Travel division
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News
SSP Group maintains guidance following ‘good’ start to new financial year
A recovery at SSP Group has continued to gather momentum, benefiting from strong growth in the travel industry around the world and fewer strike days on the railways in the UK
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News
City snapshot: Pets at Home revenue slide continues while AG Barr fizzes
Pets at Home’s revenue drop in the third quarter. AG Barr sees double digit profit growth, and shop prices down for second consecutive month.
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News
Pets at Home sales hit by weak footfall in ‘golden quarter’
Revenues at Pets at Home have fallen in the ‘golden quarter’ as the challenging consumer environment led to fewer customers visiting stores
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News
AG Barr profits rebound as core brands fizz
Rubicon was the stand-out performer with another year of double-digit growth.
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News
Profit warnings ramp up across retailers in ‘golden quarter'
Profit warnings at UK retailers ramped up in the final ‘golden quarter’ of the year as consumer confidence remained under pressure
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Analysis & Features
Poundland: what’s gone wrong and what can it do to fix it?
Distracted by an expansion opportunity, management ‘took their eye off the ball’ as a crisis was developing in the customer offer
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News
Premier Foods share price gains continue thanks to strong Christmas
Premier Foods’ continued recovery looks to have assured investors it is fighting fit as markets increasingly back the group’s roster of brands