Starbucks share price jumps 3.5 per cent after positive third-quarter results January 22, 2015 Starbucks share price jumped as much as 3.5 per cent in after-hours trade today, as the coffee chain released an upbeat earnings report for the fiscal first quarter. Profits at Starbucks for the Christmas period soared 82 per cent to $9.8bn (£6.5) year-on-year, which was in line with expectations. Sales rose 13.2 per cent to $4.8bn [...]
Royal Mail share price rises as Christmas packages pick up January 22, 2015 The figures Shares in Royal Mail went up by 4.18 per cent to £4.49 in trading this morning, following the company's positive results for the Christmas period. Group revenue rose one per cent during the nine months to 28 December, indicating the company is performing in line with expectations. The UK postal service [...]
Halfords boss poached by Tesco: Matt Davies says he’s gutted to leave the firm January 21, 2015 Matt Davies, you can tell, is squirming in his seat at being asked about his new role at Tesco during a call for Halfords’ trading update. “I am genuinely gutted to be leaving Halfords,” Davies explains. “It was absolutely not in my script to be leaving. But when I was approached by Tesco and given [...]
Analyst Views: How did Dixons Carphone do well over Black Friday and Christmas? January 21, 2015 ALISTAIR DAVIES | INVESTEC Careful planning and tactical promotions have enabled Dixons Carphone to deliver a strong Christmas trading performance, with the business taking profitable market share through Black Friday….We continue to see scope for upgrades at Dixons Carphone through market outperformance and synergy benefits. DAVID JEARY | CANACCORD GENUITY The strength of trading performance [...]
Poundland hit by slowdown in new stores January 21, 2015 SHARES in Poundland lost some of their shine yesterday after the company blamed the timing of its expansion programme for the slowdown in third quarter sales. The discount chain, which floated in March last year, said its sales rose 10.2 per cent in the 13 weeks to 28 December, a slowdown on the 15 per [...]
Wetherspoon’s sales flat over Christmas January 21, 2015 TIM MARTIN’S pub chain JD Wetherspoon said yesterday that sales had slowed significantly in its second quarter, blaming cheap supermarket prices for keeping bar receipts flat over the festive season. The company’s stock dropped over two per cent in trading following the news.
This week you’ve failed at your new year’s resolutions – and Facebook knows about it January 21, 2015 The third week of January is the time most people begin to flake out of their new year's resolutions, it turns out. And to make it that little bit worse, Facebook is silently judging you as you fail. We all know the routine: you start the year full of gusto, enthusiastically checking into the gym [...]
Halfords glides through Christmas season with high cycling sales January 21, 2015 Sales were up for Halfords over the Christmas period, with total revenue rising 6.5 per cent during the third quarter. During the 15 weeks to 9 January, the UK automotive and leisure product retailer performed particularly well in its car maintenance and cycling divisions, where like-for-like revenue went up by 11 per cent and [...]
Dixons Carphone ups profit forecast after Black Friday and Christmas trading success January 21, 2015 Dixons Carphone has raised its profit forecast after a “roller coaster” Christmas proved a success for the retailer. Full-year pre-tax profits are expected to come in at between £355m and £375m, ahead of expectations, after a seven per cent rise in like-for-like sales over the festive period, including eight per cent growth in the UK. [...]
Poundland cashes in on Christmas and posts third quarter success January 21, 2015 The figures Variety store Poundland had a record Christmas trading period in 2014, with success spanning across the whole of the third quarter. During the 13 weeks to 28 December, total growth for the company was 9.8 per cent, with revenue up at £328.4m – a 10.2 per cent increase compared to 2013. The [...]