Guidance
This coverage focuses on trading guidance, financial outlooks, and performance updates issued by UK retail businesses. Retail Sector reports on company forecasts, profit warnings, earnings revisions, and strategic updates that shape investor sentiment and corporate planning across the retail industry. Coverage includes analysis of market reactions, executive commentary, and sector-wide trends influencing guidance from leading retailers. For retail professionals, this category provides critical insights into financial health, market expectations, and business confidence driving decision-making within the UK retail economy.
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Jul- 2022 -19 JulyClothing & Shoes
Joules raises FY profit guidance as cost cuts bear fruit
Clothing and homeware brand Joules has revealed it expects FY22 adjusted profit before tax and adjusting items to be “slightly ahead of current market expectations” as its additional cost reductions begin to bear fruit. It revealed the trading trends outlined in the group’s previous update have also continued for the…
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19 JulyDIY
Made.com issues FY profit warning amid ‘volatile’ trading
Made.com has issued a profit warning for FY22 as recent trading has been “volatile” amid worsening consumer confidence, which has in turn impacted demand for big-ticket purchases. According to the retailer, the dip in consumer confidence has made new customer acquisition at financially attractive rates “challenging”, while gross sales for…
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18 JulySupermarkets
Fever-Tree profits ‘worsened’ by cost of headwinds
Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the first half due to the reported impact of logistics and cost of headwinds having “worsened” in recent months. The business expects this to continue to impact the business during the…
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18 JulyNews
Deliveroo lowers FY22 guidance amid consumer headwinds
Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious” economic outlook and increased consumer headwinds. Meanwhile, the company continues to expect FY22 adjusted EBITDA margin to be in the range of -1.5 to -1.8%, an improvement against -2% in…
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15 JulyDepartment Stores
John Lewis Partnership named ‘Menopause Friendly Employer’
The Menopause Friendly’s independent panel of experts has awarded the John Lewis Partnership its Menopause Friendly Employer accreditation for “creating an inclusive culture where everyone feels able to talk about the menopause”. The company states that it wanted to “create a level playing field” by encouraging an environment in which…
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14 JulyNews
Pepco Q3 revenues jump 17.4% amid expansion plans
Pepco Group has reported its group revenues increased 17.4% year-on-year to €1.21bn (£1.02bn) for the third financial quarter ending 30 June 2022 (Q3), as sales increased 4.9%. Pepco said its accelerated store expansion programme was the group’s single biggest driver of value creation, and the company is on track to…
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14 JulyClothing & Shoes
Dr Martens trading remains steady in Q1
Dr Martens has told investors its trading since the start of the year is in line with the guidance set out at its FY trading announcement for both the half and full year, after a period of strong trading in its first quarter. In its latest update, the boots retailer…
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Jun- 2022 -29 JuneDIY
B&M retains profit forecast despite Q1 revenue drop
B&M has reported its group revenues declined 2.2% year-on-year from £1.18bn to £1.15bn in the 13 week period ending 25 June 2022 (Q1 FY23). However, the company is retaining its FY23 guidance which expects group EBITDA to be in the range of £550m to £600m. The company’s UK revenues in…
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24 JuneEconomy
Vodafone launches support hubs as SMEs struggle to ‘stay afloat’
Vodafone has launched two new resources to support SMEs after a new report commissioned by the group highlighted how SMEs are struggling to “stay afloat”. The resources include V-Hub, which offers free expert guidance, and business.connected, which is in partnership with Enterprise Nation, Cisco and Samsung, and is helping 150,000…
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24 JuneNews
Zalando lowers guidance amid falling consumer confidence
Zalando has warned on its profits for the financial year FY22, with revenues now expected to grow 0%-3% to €10.4bn (£8.9bn) – €10.7bn (£9.1bn), as macroeconomic conditions have further deteriorated. Zalando said it no longer assumes a rebound of consumer confidence in the short-term, following a further fall in the…
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