more results news & analysis – Page 133
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Suppliers in distress as mults enjoy recovery, says report
The recovery of the supermarkets has piled increasing pressure on the supply chain
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Meadow Foods sales plunge by 40% in run up to PE backing
Dairy processor Meadow Foods saw its sales drop by almost 40% last year as the plunging price of milk hit revenues
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Addo Food Group profits soar as it turns around Kerry pastries
Sales and profitability have soared at Addo Food Group after it turned around the Kerry chilled savoury pastry business
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Booths tops £10m sales mark after record-breaking Christmas
Booths reported strong growth in its online channel, with sales from home delivery and click & collect channels up by 6.9%
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Marks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?
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City Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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Poundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.
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Lidl UK reports 10% sales boost over Christmas period
Lidl said its Christmas, ad which featured one of its turkey farms, helped boost sales of the bird by 40%
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Spar UK reports strong sales but warns convenience is slowing
Spar said it aimed to draw in more customers by building on the success of fresh food sales
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Best-one symbol group sales up almost 20%
New Bestway DC sees sales soar “as members get behind our fresh and chilled offer”…
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Sainsbury’s Christmas results: what the analysts say
Leading retail and City analysts react to the latest results
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Co-op reports Christmas like-for-likes up 3.5%
The Co-op attributes success to investment in stores, focus on convenience and its heavyweight advertising campaign
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Majestic Wine celebrates best ever Christmas
Majestic Wine has reported a bumper Christmas for its retail stores, with like-for-like sales jumping 7.5% – its best ever festive performance.
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Morrisons Christmas results: what the analysts say
City and retail analysts react to Morrisons’ Christmas trading update
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Poundworld slips to a loss as it invests in growth
Poundworld has fallen into the red despite sales growing another £40m last year as new private equity owner TPG Capital invested in future growth.
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Record year for Direct Food Ingredients
Direct Food Ingredients has increased sales 29% to a record £17.6m in 2016 thanks to the expansion of its client business and the introduction of new product ranges.
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Aldi reports record sales over Christmas
The discounter attributes a 15% year-on-year uplift to strong demand for premium products
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Collins Seafoods margins squeezed by rising fish prices
Supplier warns seafood prices will increase this year as a result of the weak pound
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Livestock price deflation takes £40m chunk from Dunbia sales
Turnover for the year to 27 March 2016 slid 4.7% to £787.5m
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Rowse Honey sees £17m wiped from turnover
The Valeo Foods-owned business suffered a 15% fall in sales but profits rose 52%