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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Nov- 2021 -2 NovemberClothing & Shoes
Shoe Zone raises FY21 profit guidance amid ‘better than expected’ trading
Shoe Zone has raised its pre-tax profit expectations for the full-year ending 2 October 2021 after seeing “better than expected” underlying trading. The retailer told shareholders that it now expects profits for the 52-week period to range between £9m and £10m up from a previous guide of £6.5m. In addition,…
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Oct- 2021 -28 OctoberDIY
Travis Perkins hikes profit guidance amid ‘robust’ trading
Travis Perkins has upgraded its expected profit for its full-year results following a period of “robust” trading in recent months. The group now expects to report a profit of “at least” £340m, including around £40m in property profits. It comes as the group welcomed positive trading momentum with a like-for-like…
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5 OctoberHigh Street
Greggs lifts guidance despite supply chain disruptions
Greggs has welcomed a resilient performance in its third quarter of trading, with like-for-like sales up by 3.5% against 2019, despite ongoing supply chain issues and staff shortages. Growth was particularly strong in August when the ‘staycation’ effect was evident, and remained in positive territory in September, with two-year like-for-like…
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Sep- 2021 -29 SeptemberDepartment Stores
Next raises guidance but warns of staff shortages
Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to be £800m, up 6.9% against 2019, £36m ahead of its previous guidance of £764m. The group also anticipates its full price sales guidance for the rest of the year to…
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28 SeptemberOnline & Digital
Moonpig ups full-year guidance amid ‘strong’ trading
Moonpig has announced it is raising its revenue guidance for FY22 amid a period of “strong” trading, and now expects to report between £270m and £285m in revenue for the period. In the latest update on its performance from 30 April 2021 to date, the group said that trade remains…
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9 SeptemberHigh Street
61% of shop workers subjected to offensive behaviour, study finds
Some 61% of shop workers have experienced some form of offensive behaviour while working for their current employer, for whom the impact manifested as stress (45%), anxiety (43%) and a loss of self-esteem (19%), according to a recent survey of 1048 shopworkers by Foot Anstey. Foot Anstey said half of…
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2 SeptemberOnline & Digital
Amazon launches UK recruitment drive
Amazon has announced it is holding one of its biggest free virtual training and recruiting events, in a bid to hire 2,500 open corporate, tech and operations roles across the UK. As part of its recruitment drive, Amazon Career Day will now take place on 16 September, with an event…
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Aug- 2021 -20 AugustSupermarkets
M&S ups full-year guidance as revenues rise 10%
Marks and Spencer has seen an upturn in its profit outlook during the 19 weeks up to 14 August, and now predicts an adjusted profit before tax for the year to be above the upper end of previous guidance of £300-350m. The retailer said it comes as food revenues increased…
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17 AugustHealth & Beauty
The Body Shop owner sees revenue rise 36.2% in Q2
Natura and Co, the Brazilian owner of The Body Shop, saw consolidated net revenues grow 36.2% year-on-year to R$9.5bn (£1.3bn) in Q2 FY21. The group also reported an adjusted EBITDA of R$811.2m (£111.8m) in the quarter at a margin of 8.5%, as “inflationary pressures in the quarter were largely offset…
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10 AugustLuxury Goods
Watches of Switzerland Q1 revenues soar 96.2%
Watches of Switzerland Group has revealed its revenues climbed 96.2% year-on-year to £297.5m for the 13 weeks ended 1 August 2021. Comprising £221.7m in UK revenues and £75.8m from US operations, the Q1 FY22 figure represents a 42.1% jump when compared to the same period in 2019. The group’s luxury…
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