more results news & analysis – Page 144
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Tesco first quarter like-for-like sales up 0.9% as it sells Harris + Hoole
Tesco has reported group like-for-like sales grew by 0.9% in the 13 weeks to 28 May, including its second quarter of like-for-like UK growth for the first time in more than five years.
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City snapshot: Costa Coffee grows first quarter sales by 11.4%
Costa Coffee grows its first quarter sales by 11.4%, FTSE 100 sees its biggest jump in three years and pound soars on diminished Brexit fears
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Tree of Life reports double-digit sales growth to £50m
Ocado and Amazon-listed health food brand Tree of Life has grown its annual sales by 10% to £50m in the year ending 31 March 2016.
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Majestic shares rise on annual sales boost
Majestic Wine shares were up 3.4% today after its core retail business reported its first like for like sales growth for four years.
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City snapshot: Majestic Wine sales top £400m after retail sales rise
Majestic Wine’s retail business posted its first like-for-like sales increase in four years to grow annual revenues to over £400m. Plus share rebound in EU remain hopes and a look ahead to the week in the City.
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Glendale Foods rises from the flames to hit record heights
Glendale Foods has increased sales more than 40% to record levels after it fully restored the factory following a “devastating” fire in 2012.
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Bath Ales falls to a loss despite frothy sales
Bath Ales has fallen into the red despite revenues increasing 7% to £15.6m, with strong demand for bottles of its flagship Gem amber ale at the supermarkets helping fuel growth.
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New warehouses drive sales growth at Costco UK
Costco’s UK sales rose by 7.9% to almost £2bn in its last financial year as new warehouse openings underpinned its wider growth.
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Eagle Eye warns of lower than expected sales
Shares in Eagle Eye Solutions, which has major contracts with Asda and Sainsbury’s, have crashed today after the tech group said full-year sales would be lower than expected.
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Dairy Partners profits balloon on back of global pizza boom
Mozzarella and pizza cheese producer Dairy Partners has recorded a more than 11-fold increase in profits
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Argos puts in best performance for two years
Home Retail Group has given Sainsbury’s a boost today as it revealed Argos put in its strongest sales growth performance in eight quarters.
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Florette set to hit £2m sales with Superfood Salad bag
The bagged salad brand’s mix of peppery and tender leaves with beetroot launched last June
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WH Smith shares fall despite Q3 sales rise
Sales at WH Smith have increased 2% in the third quarter thanks to continued growth at the retailer’s travel division.
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Sainsbury's Q1 results: what the analysts say
Retail and city experts take sceptical view of supermarket’s upbeat Q1 statement
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Thirst for healthy drinks helps boost SodaStream’s UK sales
SodaStream has reported a 36% rise in UK sales for the first three months of the year after stepping up its marketing to take advantage of consumer demand for low-sugar fizzy drinks.
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Tiptree 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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Fruit & veg sales soar as health trend hooks Brits
Volume sales of fresh produce were up 4.1% during the 12 weeks to 21 May, while value sales rose by 2.4%
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R&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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Fairway Foodservice passes £600m sales with 13% growth
Buying group is made up of 13 wholesale members