Profit Guidance

TK Maxx owner ups FY profit guidance

TK Maxx owner, TJX Companies, has revealed it has upped its FY profit guidance after its comparable store sales increased…

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Next ups FY profit guidance amid strong summer sales

Next has raised its full-year profit guidance by £20m following a period of strong trading over the summer, as sales…

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Today’s news in brief-12/6/24

The UK economy stalled in April 2024, showing no growth after a 0.4% increase in March, as wet weather significantly…

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Today’s news in brief-31/5/24

UK supermarkets experienced a 3.3% sales boost in May, attributed to a brief period of warm weather which saw increased…

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JD Sports PBT dips 8% amid ‘challenging market’

JD Sports has seen its profit-before-tax fall 8% down to £912.4m for the year ended 27 January 2024. Despite this,…

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Today’s news in brief-29/5/24

Retail sales in the UK have seen their fastest growth since December 2022, according to the CBI Distributive Trades Survey.…

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Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…

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B&Q owner holds guidance as UK&I outperforms European arms

Kingfisher has announced that it will be maintaining its profit guidance after Q1 sales at B&Q in the UK and…

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Adidas raises profit guidance amid ‘strong’ Q1 results

Adidas has raised its profit guidance from €500m (£426.8m) to €700m (£597.6m) following a “better-than-expected” performance in the first quarter…

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Wickes maintains FY outlook despite LFL sales decline

Wickes has maintained its full-year profit guidance, despite overall like-for-like sales for the first 16 weeks to 20 April falling…

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