Profit Guidance

Currys ups profit guidance after takeover bid fails

Currys has revealed that it expects its full-year pre-tax profit to be “at least £115m” after predicting it would land…

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Today’s news in brief-19/1/24

In December 2023, the Office for National Statistics (ONS) reported a significant 3.2% drop in retail sales volumes in the…

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DFS downgrades sales guidance for FY24

DFS has downgraded its sales guidance for the year, after reporting that gross sales dropped 5.6% year-on-year during the 26…

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Which supermarkets performed the best over Christmas?

According to data from Kantar, Britons made 488 million trips to the supermarkets over the Christmas period, marked out as…

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Today’s news in brief-11/1/24

Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales…

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Today’s news in brief-10/1/24

Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by…

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Marks Electrical reduces profit guidance despite rise in sales

Marks Electrical has reduced its full-year profit guidance despite reporting a 22% increase in revenues to £88.9m for the nine…

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Today’s news in brief-5/1/24

Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and…

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Next boss warns of stock delays due to Red Sea attacks

Next chief executive Lord Simon Wolfson has warned of stock delays as a result of the attacks on cargo ships…

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Today’s news in brief-4/1/24

UK retail footfall rose by 6.1% in December driven by a festive shopping surge. Shopping centres led with an 11.1%…

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