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The latest financial results from UK retailers

Sports Direct toasts record profits

Sports Direct has posted a year of “record” profit as the World Cup boosted the retailer against tough comparatives last year.Profit rose 15.6 per cent to £239.5m while revenue rose 23.9 per cent to £2.7bn. EBITDA rose 15 per cent to £331.1m for t...
10:25AM - Thu 17th July 2014
A Lenta supermarket in Russia

Lenta using big data to boost sales by 39%

Russia supermarket chain Lenta is eying further growth after it posted strong sales figures for the second quarter this year.Sales surged 39 per cent to 46.3bn roubles (£790m) and like-for-like sales jumped 14.1 per cent.The St Petersburg based co...
04:36PM - Wed 16th July 2014
A Burberry store in Korea

Burberry warns exchange rates could hit profits

Luxury fashion retailer Burberry has warned current exchange rates could hit profits as it announced a rise in sales.The company said that “currency headwinds” would reduce revenue in its licensing division by £10m at current rates.Sales rose 17 p...
09:37AM - Thu 10th July 2014
A Thorntons store in Cardiff

Thorntons closes 36 stores as it rebalances business

Thorntons has seen FMCG revenue offset declining retail revenue as it continues to rebalance its business.Group FMCG revenue rose 17.3 per cent which offset an 11.1 per cent decline in revenue in stores. Like-for-like retail revenue inched up 1.1 ...
10:08AM - Wed 9th July 2014
A Dunelm store

Dunelm grows profit to £116m

Homeware chain Dunelm has posted a full-year profit of £116m as it successfully capitalised on the UK housing boom.The group, which sell blinds, bedding, curtains and kitchenware, increased profits by 7.4 per cent as its aggressive store expansion...
04:07PM - Tue 8th July 2014
Online sales fell 8.1% in the first quarter

Poor sales at Marks and Spencer's website hits trading

Marks and Spencer’s new website has negatively hit sales as it failed to entice consumers to buy more online.After more than three years in development, M&S.com saw sales fall 8.1 per cent in the 13 weeks to 28 June as chief executive Marc Bolland...
11:08AM - Tue 8th July 2014
Pre-tax profit fell 18.9 per cent to £21.5m

Poundland profits fall but could open 1,000 stores

Discounter Poundland has increased total revenue to nearly £1bn as it posted its results following its stock market flotation in March.Total sales rose 13.3 per cent to £997m for the year to 30 March compared with £880.5m a year earlier.But pre-ta...
10:19AM - Thu 3rd July 2014
A Uniqlo store in Bluewater

Uniqlo same-store sales rise 2.6%

Japans largest apparel chain Uniqlo has reported a 2.6 per cent rise in same-store sales for its Japanese outlets.The retailer, known for its light and colourful apparel and cashmere jumpers, has beat the long-running Japanese trend for deflation....
05:16PM - Wed 2nd July 2014
Pre-tax profit was £7.5m at Ocado

Ocado sales growth slows but could make first end-of-year profit

Ocado has seen sales growth slow for the first half of the year as it continues to invest back into its business.Sales rose 15.6 per cent to £442.4m for the 24 weeks ended 18 May 2014; a slow-down from Q4’s figure of 18 per cent as its ‘Low Price ...
09:44AM - Tue 1st July 2014
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