Results – Page 82
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News
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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News
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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Comment & Opinion
Walmart wakes up to Asda
As Walmart sharpens its language about Asda’s “disappointing” performance, Clive Black looks at the likely impact on the wider UK grocery market
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News
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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News
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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News
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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News
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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News
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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News
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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News
Fairway Foodservice passes £600m sales with 13% growth
Buying group is made up of 13 wholesale members
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News
Rowe's comments send shockwaves through the City
Steve Rowe’s ascension to the Marks & Spencer hotseat was widely welcomed, but his first set of annual results at the helm of the high street stalwart sent shockwaves through the City.
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News
Ferrero UK losses escalate to £16m as it targets choc top spot
Chocolatier Ferrero has suffered an escalation in UK losses after investing heavily in its quest to grow sales
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News
Innocent growth plan pushes it into the red
Profits have plummeted at smoothie maker Innocent Drinks for the second year in a row
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News
UK store openings drive B&M's revenues above £2bn
B&M Bargains owner B&M European Retail saw revenues top £2bn in the year to 26 March 2016, driven by new store openings.
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News
City snapshot: Earnings up 5% at Tate & Lyle after year of restructuring
Group sales of £2.4bn were 1% higher than the prior year
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News
City Snapshot: M&S profits drop 19.5% as it steps up convenience roll-out
M&S saw profit before tax drop 19.5% to £483.3m on revenues up 0.8% to £10.4bn
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Analysis & Features
Costcutter reports sales decline but profitability in sight
Sales of Costcutter’s Independent own-label products were up 30%
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News
City snapshot: Poultry acquisitions boost earnings at Cranswick
Revenue for the year to 31 March rose by 6.6% to £1.07bn with comparable volumes up 12% in the year
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News
Slowing Chinese economy hits Aquatic Foods Group
Chinese seafood company Aquatic Foods Group has reported a 7% drop in first quarter revenues reflecting the pressures of the stalling Chinese economy.
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News
Kettle Chips profits fall amid 'intense' competition
Kettle Chips has seen profits fall more than 31% in the UK as intense competition and heavy promotions in the snacking sector ate away at margins.