Results – Page 89
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NewsCity Snapshot: Majestic Wine insists sales growth will boost profits after first half loss
Majestic Wine has posted a £4.4m first-half loss after weak commercial performance and the failure of a US marketing campaign despite sales growth of 13%.
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NewsPremier Foods looks to home advantage to battle price rises
CEO Gavin Darby said the Mr Kipling and Bisto maker was a different proposition to its multinational rivals thanks to 95% of its range being manufactured in the UK.
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NewsB&M Bargains profits from rapid store expansion but prices to rise
B&M Bargains warns prices in store are likely to rise in 2017 because of the slump in the value of sterling as sourcing from China gets more expensive.
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NewsDiscounter growth falls to lowest level for five years
Growth at Aldi and Lidl has slowed to the lowest level since the end of 2011 as Tesco and Morrisons have started to make steady recoveries, according to Nielsen retail performance data.
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NewsGreencore swoops for $750m Peacock to "transform" US business
Greencore has announced the US$747.5m (£594.3m) acquisition of US convenience food supplier Peacock to “transform” its business in North America.
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NewsSainsbury's shares slump again as it reports 10% profit drop
Sainsbury’s remained behind its listed rivals this week
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NewsKitwave sales boom thanks to acquisition drive
Sales at Kitwave Wholesale have more than doubled thanks to its ambitious buy-and-build strategy.
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NewsCoca-Cola European Partners appoints new CEO as bottler returns to growth
European bottling giant Coca-Cola European Partners has grown sales as the classic Coke brand returned to growth. It comes as the group appoints a new CEO.
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NewsCity snapshot: Sainsbury's Coupe sees "good progress" despite sales and profits drop
Sainsbury’s CEO Mike Coupe has insisted the supermarket is making “good progress in challenging conditions”
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NewsAssociated British Foods prices to rise as pound drives up costs
Associated British Foods is weighing up price rises for its basket of grocery products to ease the pressures of rising costs.
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NewsBooths sales fall 0.7% in wake of Storm Desmond
Booths says it would have recorded sales up 0.7% had it not been for devastating storm last winter
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NewsMarks & Spencer bets big on food: what the analysts say
Retailer set to close 60 clothing and home stores and focus on food in business turnaround
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NewsFever-Tree upgrades profit expectations
Drinks mixer producer Fever-Tree (FEVR) has upgraded its profits expectations for the year, sending its shares up 10% this morning ..
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NewsLincolnshire Co-op sales pass £300m as local produce booms
The retailer grew sales at its 83 food stores by 6.9% while trading profits rose by 4% to £20m in the same period
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NewsBoparan Holdings sales and profits rise in ‘tough’ market
2 Sisters Food Group owner reports good progress and performance across business
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NewsMorrisons' fourth quarter results: what the analysts say
Morrisons shares were up 1.6% to 224.8p this morning on the news
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NewsCity snapshot: Morrisons posts fourth consecutive quarter of like-for-like sales growth
Morrisons has reported its sales grew 1.6% on a like-for-like basis (ex fuel) in the 13 weeks to October, which represents its fourth consecutive quarter of like-for-like sales growth.
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NewsFirst Milk slashes annual loss after large-scale restructure
First Milk slashed its net loss by £23m and returned to operating profit last year after stripping back its operations and selling loss-making businesses.
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NewsKellogg sales fall as challenging UK market bites
US food giant Kellogg has blamed tough conditions in UK supermarkets for its seventh successive decline in quarterly sales.
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NewsTesco faces £100m claim over profits overstatement
More than 125 institutional funds allege it breached the Financial Services & Markets Act