Results – Page 64
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NewsB&M benefits from late Easter and sunshine as shoppers hunt for bargains
B&M Bargains has recorded its strongest first quarter of like-for-like growth in three years as the late Easter and hot weather boosted sales and the return of inflation sent shoppers searching for a bargain.
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NewsSSP Group sees sales grow as air passenger numbers rise
Travel concession operator SSP Group has reported like-for-like sales growth of 3.6% in its third quarter results and a 21.7% jump in total group revenues.
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NewsWaitrose hit by £41.5m property writedown cost
The retailer focused on improving its existing estate rather than aggressive expansion in the past year
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NewsM&S trading update: What the analysts say
M&S shares have fallen 4.7% today despite improving trends in general merchandise and grocery and headline sales growth of 2.7%.
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NewsCity snapshot: Marks & Spencer’s first quarter like-for-like sales drop 0.5%
Marks & Spencer has reported a 0.5% fall in first quarter like-for-like sales, as the timing of Easter and improved performance in general merchandise led to an improved overall sales performance. Plus, retail sales rise 1.2% last month amid best food sales since 2012, McBride’s annual sales drop 5.9% and all the rest of the latest news from the City
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NewsPukka Herbs slips into the red as it invests in growth
Rapidly growing herbal tea brand Pukka Herbs has slipped into the red as it invested in accelerating growth
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NewsNorthern Bloc to ramp up production with growth funding
Since launching its first ice cream from a vintage van at Leeds Trinity Kitchen in 2014, Northern Bloc has grown rapidly and is on course to generate turnover of more than £1m this year.
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NewsOcado half-year results: what the analysts say
The expert take on the rise in sales versus downturn in profits
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NewsInnocent back in the black as exports make up majority of total sales
Innocent also bounced back into the black in 2016, with profits of £8.5m compared with a £700,000 loss in the previous year as it increased investments in European markets and NPD.
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Analysis & FeaturesSainsbury's Q1 results: What the analysts say
Analysts have hailed the 3% rise in grocery sales as a positive development
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NewsCity snapshot: Sainsbury’s first quarter like for like sales jump 2.3%
First quarter like-for-like sales (excluding fuel) at Sainsbury’s have surged by 2.3%
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NewsChaucer sees earnings rocket as it opens new US facility
Reported sales at the freeze-dried fruit supplier fell 0.9% to $138m in the year to 31 December 2016…
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NewsWarburtons sales fall in 'competitive' bakery market
Overall sales dropped from £551.5m in 2015 to £526.3m in the year to 24 September 2016
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NewsCity snapshot: Nisa moves back to profit despite sales slide
Sainsbury’s target Nisa moved back into profitability in its last financial year despite a 2.6% fall in sales. Plus, UK consumer confidence slides post-election, Tayto buys second vending machine business and all the rest of the latest news from the City
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NewsGreene King toasts growth but warns over economic pressures
Greene King has posted a 6.9% rise in annual revenues to record high of £2.22bn in the year to 30 April 2017, but warned over the UK’s economic prospects.
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NewsCrawshaws upbeat despite 4.5% like-for-like sales drop in first 20 weeks
Listed butchery chain Crawshaw Group insists it is making “good progress” despite a 4.5% drop in like-for-like sales in the first 20 weeks of its financial year.
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NewsWarm June weather boosts supermarket sales growth to multi-year high
Warm weather in June helped the UK grocers to their largest monthly year-on-year rise in sales since July 2013, according to market share data from Nielsen, while Kantar Worldpanel finds the best supermarket growth since March 2012.
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NewsWholesaler Wing Yip reports £2m fall in turnover to £101m
The Birmingham-based company’s pre-tax profits rose by £70,000 to £4.8m
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Analysis & FeaturesTesco Q1 results: analyst reactions
During the quarter it reported a 1.3% growth in customer transactions – some ten million more than last year
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NewsTesco 'winning inflation battle' as like-for-likes grow
Tesco’s price inflation had been in the region of 1.4% in the past 12 weeks