Profit Guidance

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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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