Profit Guidance

Tax cuts won’t solve economic crisis, says Next CEO

Simon Wolfson, the chief executive of fashion retailer Next, has claimed that inflationary pressures can only be tackled by increasing…

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Next raises profit guidance amid strong sales performance

Next has revealed its sales performance exceeded expectations by £50m, leading the retailer to raise its full-year profit guidance by…

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Shoezone ups profit guidance amid ‘better than expected’ trading

Shoe Zone has announced “stronger than expected” trading in its latest update detailing the figures since 29 June, with the…

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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…

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Tesco sales fall amid changing customer behaviour

Tesco has revealed its UK sales dropped 1.5% for the 13 weeks ended 28 May 2022 (Q1) following changing customer…

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Kingfisher sales drop despite supply pressures easing

Kingfisher has announced its like-for-like sales dropped 5.4% to £3.2bn in the three months ended 30 April 2022 (Q1), although…

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Next hit with £85m sales loss amid Ukraine and Russia closures

Next has revealed it has lowered its sales guidance for the financial year 2022/23 to £85m, down 2% following “anticipated…

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Pets at Home ups profit guidance to £140m

The Pets at Home Group has reported its total group revenues grew by 5.8% to £319.4m over the 12 week…

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Tesco expects profits to hit £2.6bn amid strong Xmas trading

Tesco has set a new profit guidance of £2.6b after a stronger than expected Christmas period, according to its latest…

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Sainsbury’s upgrades profit forecast amid strong Xmas trading

Sainsbury’s has revealed it expects to report underlying profit before tax of at least £720m in the financial year to…

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