more results news & analysis – Page 94
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Waitrose Christmas week sales jump 19% to 'hit expectations'
Sales at the premium supermarket were heavily distorted by the timing of Christmas and New Year compared to 2017, the retailer said in its weekly trading update
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Cellar Trends profits fall following loss of brand rights
The business has posted a pre-tax loss of £270,965 for the year ending 31 May 2018
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General Mills beats profit estimates despite decline in yoghurt sales
The Old El Paso manufacturer’s shares jumped 4.8% prior to trading, after it revealed improved margins
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Nando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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Planet Organic back in growth before private equity buyout
Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
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Graze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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Bestway posts £267k loss after Conviviality Retail purchase
Bestway Retail MD David Robinson said the losses were not as severe as expected
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Ocado looking for fifth UK CFC
Average orders per week grew 13.1% to 320,000 in the fourth quarter…
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City snapshot: Graze sales slide as buyout nears
Sales dived 5.2% at healthy snacking brand Graze last year as the search for a buyer continues into the New Year. Plus, British American Tobacco makes a raft of staffing changes, Dole Food Company sells European salad businesses to BAMA International and all the rest of the latest news from the City.
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JJ Food Service sales pass £200m - but profits decline
The company saw pre-tax profits plunge from £6.1m to £3.7m
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Ocado retail sales up 12% in fourth quarter
Ocado has grown its retail revenues by 12% in the fourth quarter, driven by a double-digit increase in order numbers.
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Poundland posts strong growth in fourth quarter
Poundland’s growth was driven primarily by the introduction of Pep&Co clothing outlets in 300 branches
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First quarter losses widen at 2 Sisters amid “substantial turnaround challenge”
2 Sisters owner Boparan has once more posted widening losses in its first quarter as it continues to tackle its “substantial turnaround challenge”.
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Poundstretcher sales and profits drop as it expands estate
The Grocer revealed last week that Poundstretcher planned to convert the entire estate to the Bargain Buys banner
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Grocery growth slows as Christmas looms
The latest grocery market share figures have showed the weakest supermarket sales growth since March 2017 as the industry heads into the vital Christmas trading period.
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McColl's says P&H woes are behind it despite profit warning
The convenience retailer adjusted full-year EBITDA to £35m from the forecasted £44m
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Sushi Daily growth and Pret contract loss hits Taiko Foods
Waitrose sushi supplier Taiko Foods has fallen into the red after being hit by the growth of Sushi Daily and the loss of its Pret a Manger supply contract.
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City snapshot: Associated British Foods warns of “tough” retail market
Associated British Foods has warned of the impact of a “tough” retail market on its Primark clothing chain, which experienced “challenging” conditions in November. Plus the FTSE has its worst day since Brexit and all the rest of the latest news from the City.
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Jascots blames cost hikes and poor harvest for pre-tax loss
Its managing partner John Charnock called it “an interesting year for wine merchants that specialise in servicing the on-trade”
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Market share gains drive first half growth at packaging giant DS Smith
FTSE 100 packaging firm DS Smith has grown organic revenues by 3.2% in the first half due to volume growth and market share gains and announced plans to sell its plastics division.