Financial Results
This coverage analyses UK retailers’ financial results, including revenue, profit, margin performance, and quarterly updates. Reporting highlights underlying sales trends, cost pressures, executive commentary, and strategic guidance — offering insight for finance leaders, commercial directors, and retail executives assessing performance and making informed decisions.
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Jan- 2019 -8 JanuaryOnline & Digital
Missguided posts £46.7m loss
Online fashion retailer Missguided has posted a £46.7m loss in its financial results for the 53 weeks ending 1 April 2018 in what it described as an “extremely challenging” year. This is compared with a loss of £1.6m in the 2017. The company said its profitability was “severely impacted” by…
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Dec- 2018 -13 DecemberOnline & Digital
Ocado’s 12% sales increase marks ‘good finish to the year’
Online supermarket Ocado has seen a 12% increase in revenue to £390.7m for the 13 weeks to 2 December in its Q4 financial results. This was compared to a revenue of £348.9m in the same period last year and the group said its growth was in line with its guidance…
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3 DecemberHigh Street
240 Crawshaw jobs saved following £1.4m deal
As many as 240 jobs at meat retailer Crawshaw have been saved following a £1.4m deal which will see its last 19 stores sold to butchery chain Tom Cribbin for £1.4m. Last month, Crawshaw announced it has entered administration, putting 600 jobs at risk across its 42 stores. A Crawshaw…
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Nov- 2018 -27 NovemberHigh Street
Pets at Home suffers 80% drop in pre-tax profits
Pet retailer Pets at Home has reported an 80.5% drop in pre-tax profits from £40.8m to £8m in its financial results for the 28 weeks from 30 March to 11 October 2018. The company attributed its performance to “increasing cost pressures” faced by its veterinary business. The company said it…
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8 NovemberSupermarkets
Sainsbury’s sees boost from Argos deal in mixed financial results
Sainsbury’s profit before tax has dropped by 40% to £132m for the 28 weeks to 22 September 2018 compared with £220m the year before. However, the supermarket’s takeover of Argos in 2016 provided a boost to the company providing an underlying profit growth of £51m driven by Argos synergies. It…
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6 NovemberClothing & Shoes
Primark’s like-for-like sales slide
Like-for-like sales at Primark saw a 2.1% decline in its financial results to the year ending 15 September 2018. Despite this, the budget fashion chain saw revenue increase by 6% to £7.47bn. This was attributed to an increase in selling space as this year, the company expanded its portfolio to…
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1 NovemberHigh Street
Mothercare culls 200 head office jobs
Mothercare has axed around 200 staff from its head office in an attempt to cut costs and save up to £20m. The job cuts are part of Mothercare’s restructuring program and 50 new jobs are expected to be created in the department, bringing the net job losses to roughly 150.…
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Oct- 2018 -30 OctoberDepartment Stores
Sofa.com to replace ScS at House of Fraser
Furniture specialists Sofa.com is set to introduce its products to seven House of Fraser outlets, replacing some of the ScS concessions. Sofa and carpet retailer ScS announced it would pull its concessions from House of Fraser by January 2019 as the company said the partnership was “no longer beneficial” following…
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26 OctoberOnline & Digital
Amazon shares fall despite posting record profits
Online retail giant Amazon has posted record profits for Q3 in its latest financial results for the period ending 30 September 2018. Despite the company reporting its net income had increased to $2.9bn (£2.3bn), its shares fell by 9% as its sales and sales forecast came in below Wall Street…
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16 OctoberClothing & Shoes
Footasylum slips to half-year loss
Footwear retailer Footasylum has reported a £4m loss in its half-year financial results for the 26 weeks year ending 25 August 2018. Despite the loss, the company’s revenue was up 19% to £98.6m from £83.2m in the previous year. It saw growth in sales all across the board; store revenue…
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