All Financial Results articles – Page 86
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NewsMidcounties Co-op reports 3% hike in Christmas food sales
The member-owned society saw its busiest ever Christmas Eve
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NewsFortnum & Mason reports ‘excellent’ sales growth over Christmas
The luxury retailer saw 15% sales growth across the business and a 13% jump in like-for-likes in the five weeks to 29 December
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NewsChristmas trading: which listed supermarket won the golden quarter?
The City was preparing for the worst from this week’s raft of festive grocery trading updates, but supermarket shares largely held firm after a Christmas that left the big players bruised but not beaten
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NewsAutomation boosts profits at Riverford Organic Farmers
Vegetable box delivery service Riverford Organic Farmers has posted a surge in annual profits as investment in automation boosted margins.
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NewsSales and profits slump at Tyrrells as turnaround efforts continue
Tyrrells suffered a sharp drop in sales and profitability in the financial period that saw German snacks giant Intersnack snap up the crisps brand.
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NewsValeo Foods sales set to break the billion mark following acquisition spree
The company claimed it had hit the €1bn sales mark following the acquisition of Kettle and Matthew Walker
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Comment & OpinionWho won Christmas? It’s easier to say who lost
The extent of vouchering and discounting and the levels of waste will have been as crucial as sales in determining who won Christmas
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NewsLidl scores highest Christmas sales surge with double digit growth
Overall sales for the four weeks to 29 December rose 11% year-on-year, higher than any other supermarket over the festive period - including main rival Aldi
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NewsCity snapshot: Lidl outpaces rivals with festive sales up 11%
Lidl saw sales rise by a whopping 11% in the run up to Christmas, outpacing all other grocers - including Aldi
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NewsM&S to roll out new supply chain system to cut food waste and costs
‘Disappointing’ food waste levels hit margins in the third quarter
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NewsWaitrose results: Charlie Mayfield hails booming online sales
The JLP chairman said he hoped 2020 would be a year of “dramatic growth”
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NewsTesco Christmas sales edge up despite ‘subdued’ market
Tesco boss Dave Lewis today claimed Christmas saw the “best operational performance” he had seen since he joined the supermarket in 2014. Plus, on a hectic morning, festive grocery sales rise for Waitrose and M&S, trading updates from Naked Wines, Nichols, Hilton Food Group, Mitchells & Butlers and all the rest of the latest news from the City.
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NewsGreggs to roll out nationwide delivery service this year
CEO Roger Whiteside said the bakery chain had been running trials with Deliveroo, Uber Eats and Just Eat
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NewsWalgreens Boots Alliance reports sales rise as costs hit profits
Walgreen Boots Alliance increased sales in its first financial year quarter
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NewsSainsbury’s posts positive Christmas results after ‘upping its game’
CEO Mike Coupe said the supermarket had become more competitive on price and grown its premium Taste the Difference range over the past six months
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NewsCity snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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NewsEuro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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NewsWyke Farms bounces back with major profits boost
The Somerset-based supplier saw operating profits jump 44% in the year to 31 March 2019
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NewsPotts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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NewsCity snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.