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Footasylum partners with streetwear brand Trapstar

Footasylum partners with streetwear brand Trapstar

Howdens agrees to acquire DIY Kitchens for £390m

Howdens agrees to acquire DIY Kitchens for £390m

Lidl invests £250m to cut prices on 1,000 grocery products

Lidl invests £250m to cut prices on 1,000 grocery products

Topic Hub

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.

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.

Asos maintains profit guidance despite HY sales falling 18%

Asos has reported that sales fell by 18% during the half-year period to 3 March, which the  …

Today’s news in brief-19/3/24

Castore has secured the Umbro Pro Team Sports licence. This strategic move positions Castore…

DFS lowers guidance and warns on Red Sea Crisis

DFS has revealed that it has lowered its full year profit guidance to between £20-£25m after…

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”…

Today’s news in brief-19/1/24

In December 2023, the Office for National Statistics (ONS) reported a significant 3.2% drop…
DFS downgrades sales guidance for FY24

DFS downgrades sales guidance for FY24

DFS has downgraded its sales guidance for the year, after reporting that gross sales dropped…

Which supermarkets performed the best over Christmas?

According to data from Kantar, Britons made 488 million trips to the supermarkets over the…

Today’s news in brief-11/1/24

Marks & Spencer emerged as the top-performing grocer in volume growth during the…

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,…

Marks Electrical reduces profit guidance despite rise in sales

Marks Electrical has reduced its full-year profit guidance despite reporting a 22% increase…