WH Smith FY profit to hit lower end as inflation squeezes margins
Increased promotional activity, inflation and reduced brand marketing have weighed on trading margins despite solid summer revenue growth
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Increased promotional activity, inflation and reduced brand marketing have weighed on trading margins despite solid summer revenue growth
Despite the fall in operating profit, pre-tax profit increased by 72% from £4.9m to £8.4m
Hain Celestial has charted a course to boost margins amid its focus on North America as CEO Alison Lewis seeks to “build the foundation for future growth”. The post Hain Celestial…
Amid challenging market conditions, both revenue and profits are under pressure at the Belgian food group Vandemoortele. Nevertheless, the company—which is cutting costs and…
Britain's Fever-Tree Drinks posted a 9% rise in first-half adjusted core profit, after its UK business returned to growth.
In June 2024, Oka entered a company voluntary arrangement that closed one of its 13 stores
New research has highlighted the extent to which returns remain a drag on profitability for online retailers. The post Nine out of 10 returned items lose value for retailers…
THG has posted better-than-expected sales and earnings for the first half as strong growth at Myprotein helped drive a sharp improvement in profitability. The Lookfantastic and…
The high-profile former tech industry CEO, who is now the grocer's executive chair, has a history of transforming companies including eBay and Hewlett-Packard.
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The retailer swung to a profit in Q2, extended its credit agreement and expounded on the relaunch of its core brand websites.
The grocery distributor and retailer posted positive net income for the third straight quarter during its latest financial period.