Retail reporting bonanza set to reveal festive cheer January 12, 2010 TOMORROW promises a reporting bonanza, with Christmas updates expected to reveal robust trading over the festive season. Home Retail Group, owner of Argos and Homebase, is expected to reveal an increase in their 2009/2010 profit forecast after sales growth last year. Meanwhile Halfords, HMV, Mothercare, Premier Oil and Premier Foods, the UK’s largest food producer, [...]
Tesco in line for sales hike January 10, 2010 TESCO is being tipped for a like-for-like sales hike of up to four per cent when it issues its trading update tomorrow. The figures are expected to reflect a healthy seasonal boost as customers splashed out over the holiday. Analysts predict that the supermarket chain’s doubling of Clubcard points over the period would help to [...]
Boots backs boss Hornby as sales jump November 3, 2009 ALLIANCE Boots, Britain’s biggest pharmacy chain, yesterday said that it was on track to beat current trading expectations after reporting a jump in sales at its Health & Beauty and wholesale divisions. Chief executive Andy Hornby, who formerly ran near-failed bank HBOS?and supermarket Asda, announced the good news as he unveiled his set of results [...]
Boots backs boss Hornby as sales jump November 3, 2009 ALLIANCE Boots, Britain’s biggest pharmacy chain, yesterday said that it was on track to beat current trading expectations after reporting a jump in sales at its Health & Beauty and wholesale divisions. Chief executive Andy Hornby, who formerly ran near-failed bank HBOS?and supermarket Asda, announced the good news as he unveiled his set of results [...]
HOMEBASE BOOSTS HOME RETAIL? October 21, 2009 HOME Retail Group’s yesterday said its first half-profits rose one per cent to £123m meeting analyst expectations. Total sales rose by three per cent to £2.8bn due to a boost from DIY enthusiasts lifting sales at Homebase by three per cent – offsetting a two per cent decline in sales at Argos
Range of large cap firms set to give markets an overview October 18, 2009 THERE is a mixed bag of companies reporting this week, but the diverse selection will give investors plenty to digest. FTSE 100 software company Autonomy will post its third quarter results tomorrow, though its management have already signalled that it will be another strong performance. It said earlier this month that it expects to report [...]
Range of large cap firms set to give markets an overview October 18, 2009 THERE is a mixed bag of companies reporting this week, but the diverse selection will give investors plenty to digest. FTSE 100 software company Autonomy will post its third quarter results tomorrow, though its management have already signalled that it will be another strong performance. It said earlier this month that it expects to report [...]
Energy and bank stocks push FTSE 100 back below 5,000 September 10, 2009 THE FTSE 100 drifted lower yesterday, unable to stay above the 5,000 level as energy and bank stocks weighed heavily. It closed down by 16.62 points, or 0.3 per cent to 4,987.68, having closed above 5,000 for the first time since late September 2008 on Wednesday. “We’re taking a bit of a pause from what [...]
Home Retail Group boosted by kitchens September 10, 2009 HOMEBASE and Argos owner Home Retail Group said yesterday it would match the previous year’s interim underlying profits, as sales of televisions and kitchens held up through the slump. Benchmark profit before tax will be “broadly in line” with last year’s £121m, it said. The group said customers were staying at home in the recession, [...]
Market to eye consumer purse while MPC mulls rates September 6, 2009 THIS week will be all about consumers’ purse-strings and just how tightly they are pulled. Results from across the retail and leisure sectors will go some way to answering that question, while the Bank of England Monetary Policy Committee’s decision on interest rates and quantitative easing will tell us what the experts think about any [...]