more results news & analysis – Page 156
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As big four sales head south promos still going north
What’s the answer to plummeting sales? More promotions of course
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Poundland stock hits all-time low
Poundland shares plunged 20% in early morning trading to a record low
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Asda sales fall in Q3 as conditions remain “tough” for Andy Clarke
Like-for-like sales at Asda have fallen by -4.5% in the third quarter as the supermarket price war, food price deflation and the continued growth of the discounters all took their toll.
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Iglo sales hit on difficult trading in three biggest markets
Sales at Birds Eye owner Iglo have fallen 8.4% to €315.5m in the third quarter as it exited markets in Romania, Slovakia and Turkey and was hit by currency exchange rates.
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Moy Park sales slip in "challenging" market
Moy Park revenues have fallen 1% in the third quarter thanks to foreign exchange movements, the impact of bird flu outbreaks, commodity price deflation and lower international sales.
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Majestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.
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Wincanton in Morrisons talks as profits slide in first half
Wincanton hopes to thrash out its future involvement with Morrisons following the supermarket’s sale of M Local to Mike Greene.
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Nisa 'on course to hit its target of £7.2m EBITDA'
Nisa says it is on track to hit its target of £7.2m EBITDA for the current financial year
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Sainsbury's fall in profits illustrates severity of the task
The green shoots didn’t last long for Sainsbury’s as shares slump 7% after profits falter.
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Sainsbury's pledges to continue price-cutting strategy
Sainsbury’s is doubling down on its strategy to invest in price and cut promotions
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Conviviality expands reach into events with Peppermint deal
Conviviality is to acquire a majority stake a bar and events company operating at festivals and sporting events as sales soar 38% in first half thanks to Matthew Clark deal.
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Sainsbury's results: what the analysts say
Sainsbury’s has reported a 17.9% slump in underlying interim pre-tax profit, the worst half-year profit for years
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Carlsberg restructures UK business as group makes Q3 losses
Carlsberg has begun restructuring its UK business in response to its “deteriorating” performance and September’s Tesco delisting
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Sainsbury’s underlying interim profit plunges 18%
Although the worst half-year profit for years, trading was better than the City expected
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Premier Foods share price sweetens as investment in brands pays off
Shares in Premier Foods have this morning rocketed up by 21% after the grocery supplier increased quarterly branded sales
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ABF says worst is over as sugar crash takes toll on profits
ABF boss George Weston is confident its sugar woes are in the past
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Dairy Crest profits fall as spreads business falters
Dairy Crest has reported a 5% fall in revenues from continuing operations and a 13% fall in pre-tax profits in the first half as the butter and spreads business struggles.
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Morrisons Q3 results: what the analysts say
Following Morrisons’ Q3 update this morning, here’s how leading City and retail analysts rated its performance
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Fever-Tree ups growth forecasts amid booming international sales
Fever-Tree, the supplier of premium carbonated mixes for alcoholic spirits, expects its full-year results to be “materially ahead of board expectations”, it said in an unscheduled trading update today.
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M&S hits three month share price high after first half sales increase
Marks & Spencer has reported a 1.4% rise in first half sales to £5bn, driven by its continued outperformance of the troubled UK grocery sector.