Pets at Home: Revenue ticks up amid difficult year August 1, 2024 Total revenue at animal care retailer Pets at Home rose by one per cent to £441.1m in the 16 weeks to July 18, with like-for-like revenue up by 0.5 per cent.
Another one? Next hikes profit guidance again as sales soar ahead of expectations August 1, 2024 Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.
Barclays announces £750m buyback after beating expectations August 1, 2024 Barclays joined other lenders in announcing sizeable returns to shareholders after performing ahead of expectations in the second quarter. In the three months to June, Barclays reported a pretax profit of £1.9bn, more or less unchanged on last year but comfortably ahead of the £1.6bn expected by analysts. The lender’s investment bank and its wealth [...]
Wickes: Brits still holding back on big-ticket items as DIY goods preferred July 31, 2024 Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall group sales fell by 3.4 per cent in the 26 weeks to June 29 at the London-listed company. Revenue in the second quarter fell by [...]
Just Eat: Brits lead the way for takeaway giant as revenue dips July 31, 2024 Brits willing to shell out cash on takeaways fuelled Just Eat in the first half of the year, but negative growth in north America and southern Europe led to a dip in revenue overall. Total revenue dropped by one per cent at the takeaway giant year on year in the first half of 2024, while [...]
Greggs: Sausage roll-co breathe sigh of relief with ‘no plans’ to raise prices in 2024 July 30, 2024 Greggs has confirmed there are no plans to raise prices for the rest of the year, as London sausage roll-loving commuters breathe a sigh of relief. Chief executive Roisin Currie confirmed the news this morning are previous price increases of 5p for products were driven by wage increases, she said. The bakery boss added that [...]
Inchcape: Car dealer’s profit rises after £346m sale of UK retail arm July 30, 2024 On an adjusted basis, both pre-tax and operating profit rose seven per cent in constant currency to £226m and £299m, respectively.
Selfridges chief quits in surprise move for struggling retailer July 30, 2024 The chief executive of Selfridges has unexpectedly quit, having been in the job since the start of the pandemic. Andrew Keith, who joined in 2020, will leave the company that owns the famous flagship London store to pursue new ventures in Autumn this year. He has been operational as CEO for three-and-a-half years, having been [...]
Games Workshop: ‘Exciting times’ as Warhammer-maker posts best-ever results July 30, 2024 Warhammer maker Games Workshop has reported its best-ever set of results as revenue grew by 11.1 per cent to £494.7m for the 53 weeks ended June 2.
Greggs: Bakery chain on a roll as sales up once again July 30, 2024 Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.