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Financial results

Your definitive guide to the Christmas updates

Thursday 12 January 2017 - Posted by Ben Stevens

Retailers have enjoyed a better-than-expected Christmas trading season as a flurry of updates this week and last week confirmed that shoppers were happy to spend money during the festive season. Figures from some of the UK's biggest retailers showed the sector enjoyed impressi...


Superdry parent company enjoys bumper growth in first half and Christmas

Thursday 12 January 2017 - Posted by Elias Jahshan

The parent company of fashion retailer Superdry is celebrating not just because of growth in sales and profits in its first half, but also because of a bumper festive trading season. SuperGroup recorded a 20.6 per cent spike in retail revenues to £162.1 million and 14.9 per ce...


Primark sees 11% sales jolt

Thursday 12 January 2017 - Posted by Ben Stevens

Budget fashion retailer Primark adds to today's stream of positive Christmas retail sales updates, posting huge sales boosts from the devalued pound. Parent company Associated British Foods (ABF) said Primark saw an 11 per cent jolt in sales over the Christmas period, or 22 pe...


JD Sports on track for 3rd year of double-digit growth

Thursday 12 January 2017 - Posted by Ben Stevens

Sportswear retailer JD Sports has reported stellar trading in its over the Christmas period, encouraging it to announce it will beat market expectations. The retailer, currently undergoing the acquisition of Go Outdoors, said its full year profits are expected to be 15 per cen...


House of Fraser welcomes "record sales figures"

Wednesday 11 January 2017 - Posted by Ben Stevens

House of Fraser's Christmas trading update has revealed record sales amid a troubled quarter. In the six weeks to December 31 the department store chain posted a 2.7 per cent rise in like-for-like sales alongside a gross margin growth of one per cent. According to the retailer...


Majestic Wine goes from £4m losses to record Christmas

Tuesday 10 January 2017 - Posted by Ben Stevens

Alcohol retail giant Majestic Wine has successfully navigated last year’s financial storm and posted its best ever Christmas trading period. Majestic’s turnaround plan has proven successful, posting like-for-like sales growth of 7.5 per cent in the 10 weeks to January 2, and a...


Morrisons reports best sales in 7 years

Tuesday 10 January 2017 - Posted by Ben Stevens

Morrisons has posted its best performance in over seven years as its Christmas trading update reveals a 2.9 per cent boost in like-for-like sales. As a result, the grocer has raised its profit outlook, boosting its pre-tax profit to between £330 million and £340 million, up ne...


The White Company earnings surge 51%

Tuesday 20 December 2016 - Posted by Elias Jahshan

The White Company has hailed another record year after tis earnings skyrocketed by 51 per cent. The latest annual financial report for the lifestyle retailer, which has 55 stores across the UK, show operating profits surged to £17.3 million in the full-year period to the end o...


Dixons Carphone report boost in profits

Wednesday 14 December 2016 - Posted by Ben Stevens

Dixons Carphone has released its half year results reporting a sharp rise in profits. The technology retailer posted a 19 per cent rise in profits to £144 million in the 26 weeks to October 29. Sales for the group rocketed 11 per cent to £4.9 billion and like-for-like revenues...


Zara posts promising profits amid tax avoidance accusations

Wednesday 14 December 2016 - Posted by Ben Stevens

Zara’s parent company Inditex has posted a sales increase of 11 per cent in the first nine months of the year. The world’s largest clothing retailer, which is based in Spain, revealed a £13.7 billion revenue for the period and a net profit rise of nine per cent to £1.8 billion...