more results news & analysis – Page 148
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Poundland shares struggle as sales slowdown
Poundland shares have been hit today as the fixed-price retailer revealed poor trading in the final quarter of the year with the business struggling to integrate the 250 stores acquired from 99p Stores.
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City Snapshot: Unilever’s first quarter revenues fall
Including city news on Nestle, Poundland, PZ Cussons and Stock Spirits, plus Tesco reaction
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WH Smith reports high street recovery
WH Smith has announced its best performance on the high street for “many years” as pre-tax profits in the first half to 29 February 2016 jumped 11% to £80m
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Tesco returns to the black: what the analysts say
Our round-up of how the City has reacted to today’s Tesco results
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Spar International reports profit hike as Europe recovers
Spar UK increased store numbers to over 2,600, with turnover up 2% to £2.6bn
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BrewDog profits slip as it invests in boosting capacity
The fastest-growing company in The Grocer’s Fast 50 reported another year of stellar growth, with revenues rising 51%
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David Wood resurgent after factories revamp
The own-label bakery has grown rapidly from a standing start in 2008, breaking into the latest Grocer Fast 50 at number 2
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M&S growth is flat but update 'better than feared'
M&S shares jumped 3.8% to 436.2p on Thursday morning – touching the highest level since early January
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The Co-op pledges continued investment in quality as price cuts set to hit £200m in 2016
Group CEO Richard Pennycook has also volunteered to take a 60% pay cut
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Co-op’s full year food like for like sales up by 1.6%
The Co-op said its core convenience business grew ahead of the market after investment in price and products
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Profits edge down at BrewDog after year of big investments
Self-styled “punk” brewer BrewDog has reported a 51% rise in revenues in 2015, but profits edged down after overheads almost doubled.
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Boots increases high street sales over Christmas
Boots has increased UK high street sales in the second quarter thanks to a strong performance for its Christmas ranges and No7 brand.
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Hilton Food boss backs Tesco farm range as profits soar
Hilton Food Group profits jump 11% thanks to ongoing Tesco recovery with the boss of the red meat supplier backing the supermarket’s new farm-based range.
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City snapshot: Fourth quarter like for likes down 2.5% at Booker
Tobacco sales continued to be adversely impacted by the ban on small store display
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AG Barr shrugs off sugar tax worries
Shares in the group are down 5% since George Osborne revealed sugary drinks would be face a levy
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City snapshot: AG Barr to focus efforts on sugar reduction as profits grow
The share price has slipped 0.4% since the markets opened this morning to 517.2p
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Easter sales predicted to grow 3.7% to £775m this year
Two-fifths of shoppers will visit a discounter for Easter eggs and dinner ingredients
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How the sugar tax will hit soft drinks pricing
Britvic would escape taxation on 63.5% of its range, compared with 49.7% for Coca-Cola
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Tayto owner Manderley reports higher earnings but sales drop
The owner of Northern Irish snacks manufacturer Tayto has reported a boost in earnings despite a sales drop in a “challenging” market.
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Majestic Wine-owned Naked Wines hits £100m of annual sales
The company’s now has more than 300,000 ‘mature’ angels – customers who have been customers for over four months