Dixons Carphone ups full-year profit forecast after smashing expectation with fourth quarter sales June 3, 2015 The figures Sales at Dixons Carphone were up nine per cent in the fourth quarter to 2 May, higher than the four per cent analysts had predicted. The mobile and electronics retailer has upped its profit outlook for the year as a result, saying it will be "slightly above" its previous guidance of £355m to £375m. [...]
Dixons Carphone to launch mobile service for Internet of Things plans through Hutchison Whampoa’s Three February 1, 2015 Dixons Carphone is the latest to jump into the mobile ring with plans to launch its own mobile service to customers. The retailer has made an agreement with Hutchison Whampoa, the owner of mobile network Three, to provide a mobile service to its customers who are increasingly buying connected devices. Dixons Carphone previously outlined its [...]
Dixons Carphone share price falls 5 per cent after JP Morgan broker downgrade makes it the biggest faller on the FTSE 100 January 27, 2015 Dixons Carphone's share price fell as much as 5.6 per cent in early afternoon trade today, making it the biggest faller on the FTSE 100, after a broker downgrade. Morgan Stanley slashed the stock's rating to "underweight" from "equal weight," saying the shares were significantly overvalued and that it was "not a growth business." "While [...]
Dixons Carphone ups profit forecast after Black Friday and Christmas trading success January 21, 2015 Dixons Carphone has raised its profit forecast after a “roller coaster” Christmas proved a success for the retailer. Full-year pre-tax profits are expected to come in at between £355m and £375m, ahead of expectations, after a seven per cent rise in like-for-like sales over the festive period, including eight per cent growth in the UK. [...]
Black Friday has eclipsed Boxing Day, says Dixons Carphone boss Sebastian James December 17, 2014 Dixons Carphone boss Sebastian James said Black Friday was the new Boxing Day, after feverish demand for cut-price televisions and gadgets turned the American-made sales event into its busiest shopping day ever. The group said at its peak on 28 November, the retailer had five times the web traffic of an average day and put [...]
Dixons Carphone merger “a year ahead of schedule” as profits rise 30 per cent December 17, 2014 Dixons Carphone has got off to a good start. Not only have high-street rivals Phones 4U and Comet bitten the dust over the course of 2014, but the merger seems to have gone well, with pro forma profit before tax up 30 per cent in its first interim results and synergies are way ahead of [...]
Dixons Carphone expects to hit £80m cost savings faster October 8, 2014 High Street giant Dixons Carphone said yesterday it expected to reach its cost savings target earlier than previously forecast, following the £4bn merger of Dixons Retail and Carphone Warehouse two months ago. The FTSE 100 retailer said at the time of the merger it would save around £80m in annual costs from 2016–17. Speaking to [...]
Dixons Carphone agrees to hire 800 Phones 4u staff September 17, 2014 Dixons Carphone announced today it has agreed to take on the 800 staff employed at the 160 Phones 4u concessions in its stores. The company released a statement saying it was "pleased to confirm we have secured agreement to offer all Phones 4u colleagues in our curryspcworld stores roles". The move was hinted at on [...]
Dixons Carphone could offer 1,500 Phones 4u workers jobs September 15, 2014 Dixons Carphone is planning to offer jobs to hundreds of Phones 4u employees after the mobile phone retailer collapsed into administration. Carphone Warehouse has previously announced it will have 1,500 vacancies at the newly-formed company, a four per cent increase in the total number of jobs available prior to the merger, which was completed in [...]
Dixons Carphone reports “good start” but mobile sales drop September 9, 2014 Dixons Carphone will breeze into the FTSE 100 on 22 September, the newly formed company announced today. The £3.6bn merger of Dixons Retail and Carphone Warehouse was completed on 7 August, and the company says it has made a "good start" in the period since. Dixons Retail recorded a four per cent increase in like-for-like [...]