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Asda unlikely to see growth before year-end at earliest, says supermarket boss
Asda’s sales have declined over recent months despite efforts to improve offerings, while increased competition from Aldi’s planned expansion may further impact its financial perfo...
Read Full Article →Asda ‘making good progress’ despite sales continuing to fall
Asda's recent financial report shows a decline in revenue for the first quarter of 2025, yet leadership remains optimistic about the company’s overall development and future perfor...
Read Full Article →Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy's revised forecast reflects increased expenses related to import tariffs, which are impacting overall profitability despite strong first-quarter performance.
Read Full Article →Ghost Ship producer Adnams slashes losses
Adnams reported a notable reduction in its operating deficit alongside a modest rise in revenue, reflecting progress in its efforts to improve overall financial performance despite...
Read Full Article →Auto Trader: FTSE 100 giant passes major milestone as profit jumps
Auto Trader reported a significant increase in revenue and profit for the fiscal year ending March 2025, demonstrating resilience despite challenging economic conditions and rising...
Read Full Article →Nvidia beats on earnings and revenue as data center sales jump 73%
Nvidia's strong financial results were driven by a substantial increase in data center demand, contributing significantly to its overall revenue growth during the recent quarter.
Read Full Article →Nvidia's Revenue Hits Record High, But China Sales Restrictions Squeeze Profits
Nvidia achieved unprecedented revenue levels this quarter, although limitations on sales within the Chinese market have created challenges that affected its overall profitability.
Read Full Article →Nvidia quarterly revenue surges nearly 70% despite China curbs
Nvidia’s substantial increase in quarterly income highlights strong market demand, contributing to a rise in its stock value despite a significant financial write-down related to r...
Read Full Article →Abercrombie’s stock back in rally mode as outlook shows tariffs won’t hurt sales
Abercrombie’s shares surged significantly following strong quarterly results, driven by increased sales at Hollister and a more positive forecast indicating minimal impact from tra...
Read Full Article →Abercrombie & Fitch stock soars 25% as sales beat estimates
Shares of Abercrombie & Fitch experienced a notable increase following the release of their quarterly financial report, which revealed stronger sales performance than analysts had...
Read Full Article →Dick's Sporting Goods stands by full-year guidance — even with tariffs looming
Dick's Sporting Goods confirmed its projections for fiscal 2025 sales and earnings, indicating that anticipated tariffs have been factored into their financial outlook without alte...
Read Full Article →Stellantis names Antonio Filosa as new CEO while tariff fears rumble on
The appointment of Antonio Filosa as the new CEO comes at a critical time when the company faces financial pressure due to declining sales and ongoing concerns about potential trad...
Read Full Article →Wednesday’s Insider Report: This trio of financial stocks sees sizeable sales
Recent large-scale sales involving three prominent companies in the financial sector highlight significant shifts in investment strategies and market positioning.
Read Full Article →DIY demand boosts sales at B&Q and Screwfix owner
Increased consumer interest in home improvement products contributed to a moderate revenue growth for Kingfisher, supporting its financial performance across multiple markets durin...
Read Full Article →AMC stock surges on record-breaking Memorial Day weekend sales
AMC Entertainment experienced a notable increase in its market value following exceptional ticket and concession sales during the recent holiday weekend, reflecting strong consumer...
Read Full Article →How China EVs are winning over Europe while Tesla loses ground
European consumers are increasingly purchasing electric vehicles from Chinese manufacturers, resulting in a significant decline in Tesla’s sales and a shift in market dynamics with...
Read Full Article →The Guardian slashes losses amid record sales following The Observer deal
The media company improved its financial position by significantly reducing deficits and increasing revenue to approximately £275 million during the fiscal year ending March 2025,...
Read Full Article →Tesla's Europe sales plunge 49% on brand damage, rising competition
Tesla's substantially decreased sales in Europe have impacted its revenue, highlighting challenges related to market perception and intensified rivalry within the electric vehicle...
Read Full Article →Monsoon and Accessorize owner enters the red as sales slip
Adena Brands, the company behind Monsoon and Accessorize, reported a pre-tax loss of £7.5 million for the year ending August 31, 2024, reflecting a decline in overall revenue.
Read Full Article →Company bosses hit pause on growth plans after tariff shock
Many UK business leaders are reconsidering expansion strategies due to increasing trade restrictions, which they believe could negatively affect their future revenue and operationa...
Read Full Article →McDonald's shuts down its spin-off, CosMc's, after less than 3 years as sales lag
The closure of the CosMc’s brand, initiated by McDonald’s after under three years, reflects the financial challenges faced due to its inability to meet expected revenue targets.
Read Full Article →Trump memecoin investors enjoy a $148 million dinner with the president — and with protests
A dinner hosted by President Trump with $TRUMP cryptocurrency supporters highlighted significant financial backing for the token, while also drawing public protests and raising eth...
Read Full Article →Yorkshire Tea: Profit more than doubles as sales pass landmark
The company behind Yorkshire Tea experienced a significant increase in earnings alongside record-breaking revenue exceeding £300 million in its most recent fiscal year.
Read Full Article →BJ’s Wholesale CEO warns that tariffs ‘may drive prices higher.’ Stock falls as sales disappoint.
BJ’s Wholesale faces potential cost increases due to tariffs, which could affect pricing, while recent sales results have fallen short of expectations, leading to a decline in the...
Read Full Article →Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
The UK start-up supported by Microsoft significantly lowered its revenue forecasts following concerns over the authenticity of reported sales, highlighting serious financial discre...
Read Full Article →Pepco to sell off Poundland business by September – for £1
Pepco plans to divest its struggling discount retail segment by September, reflecting ongoing revenue declines and increased operational expenses that have negatively impacted the...
Read Full Article →Will cyber-attack threaten M&S’s hard-won return to fashion relevance?
A potential cyber-attack could impact online sales, which are crucial for sustaining the recent growth and improved profitability Marks & Spencer has achieved through its fashion-o...
Read Full Article →Sales at Urban Outfitters’ namesake stores make a rare gain, shrugging off tariff impact for now
Urban Outfitters experienced an uncommon increase in revenue at its main retail locations, indicating resilience despite tariffs, and plans to implement modest, selective price adj...
Read Full Article →Lowe’s sales fall, as customers are avoiding products that cost $500 or more
Lowe’s reported a decline in revenue influenced by reduced demand for higher-priced items amid challenging housing conditions and economic uncertainty, while maintaining its profit...
Read Full Article →Target sales hit as Trump tariffs take effect
The recent implementation of trade tariffs has contributed to a noticeable decline in revenue for the retail company, which attributes the downturn to difficult market conditions.
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