Profit Guidance
This coverage examines profit guidance announcements and revisions from UK retailers, analysing underlying factors such as sales performance, cost pressures, and market conditions. Reporting focuses on strategic outlooks, executive commentary, and financial forecasts — offering crucial insight for retail executives, financial officers, and business leaders evaluating performance signals and making investment and operational decisions.
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Mar- 2025 -25 MarchOnline & Digital
AO raises full-year profit guidance amid LFL sales surge
AO has revealed that its adjusted profit-before-tax has grown in the region of 30%, and is expected to be around the top end of its previously upgraded guidance range of £39m to £44m for the year ended 31 March 2025. Alongside this, its B2C retail revenues are expected to increase…
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6 MarchNews-In-Brief
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand, which drives the majority of its earnings. Despite a 1.5% increase in group like-for-like sales in early 2025, Poundland has struggled with declining performance, exacerbated by a challenging UK retail…
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6 MarchSport & Leisure
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to reduce operational costs and lower costs. The group which currently employs around 62,000 employees stated that it has worked with different departments and different processes and identified work streams how it can “reduce…
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Feb- 2025 -24 FebruaryNews-In-Brief
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
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24 FebruaryOnline & Digital
Shein profits falter ahead of planned London IPO
Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter and battled competition from rival Temu, According to the Financial Times According to two people who spoke to the paper, sales for the full year increased by 19% to $38bn…
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24 FebruaryPeople Moves
B&M CEO to retire as group lowers FY guidance
B&M has revealed that chief executive Alex Russo will retire on 30 April, as the group announced it has lowered its profit guidance for FY25 once again to a range of £605m to £625m. The group said the lowered guidance reflects the “current trading performance of the business, an uncertain…
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Jan- 2025 -28 JanuaryNews-In-Brief
Today’s news in brief-28/1/25
HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the retailer announced plans to sell its 500-store chain. Modella Capital, owner of Hobbycraft, is also in talks regarding a potential acquisition, although the outcome remains unclear. WH Smith’s move comes as its high…
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28 JanuaryDIY
Wickes ups guidance as revenues jump 3% in H2
Wickes has upgraded its profit guidance to be towards the upper end of the £39.7-£44.0m consensus forecast range following a 3% increase in retail revenues to £579.1m in the second half of 2024. The group said that retail sales delivered “good” growth in H2, with particularly strong performance in interior…
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28 JanuaryHigh Street
Pets at Home maintains guidance despite stagnant Q3 revenues
Pets at Home has maintained its full-year profit guidance despite the fact that its total group revenue fell 0.2% to £361.6m for the 12 weeks ended 2 January 2025. Its persistence comes as the company saw its consumer revenue increase 2.3% to £468m during the period. Pets at Home stated…
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9 JanuaryNews-In-Brief
Today’s news in brief-9/1/25
The BRC-Nielsen IQ Shop Price Index showed shop price deflation at 1% in early December, up from 0.6% the previous month, reflecting strong discounting tied to a later Black Friday. Non-food prices fell sharply by 2.4%, though food inflation remained steady at 1.8%, its lowest since December 2021. BRC CEO…
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