Menu

Tag: third-quarter

Uniqlo owner posts record profits in Q3

Uniqlo has trounced analysts’ expectations boasting stellar profit growth over its third quarter, sending its shares rallying. Fast Retailing, Uniqlo’s owner, reported a 37 per cent rise in operating profits to ¥68.4 billion (£462 million), coming comfortably above average analysts’ expectations of ¥59.1 billion (£400 million)

0 Comments
Read Full

New Look ditches £12m bonus scheme for directors

New Look has scrapped a £12 million bonus scheme for its bosses and directors amid a slump in sales and plans to axe up to 60 stores. The scheme was first drawn up in 2015 and the first payments were due to be made in September. Former chief executive Anders Kristiansen, who quit last October, other directors were reportedly in line for millions






0 Comments
Read Full

New Look continues to suffer financially in “challenging” third quarter

New Look has continued its run of poor financial results with further loss and another plunge in sales in most revenue streams. In its third quarter update released this morning, which detailed the embattled retailer’s year-to-date performance for the 39 weeks to December 23, overall group revenue dropped 6.3 per cent to £1.07 billion while group like-for-likes plummeted 10.6 per cent






0 Comments
Read Full

Troubles mount at Toys ‘R’ Us

The third quarter brought no relief to the nation’s largest toy store retailer.






0 Comments
Read Full

Dollar General to open 900 stores, accelerate remodels in 2018

Dollar General on Thursday reported results for the third quarter that beat Street estimates and announced aggressive remodeling plans and new store growth for the coming year.






0 Comments
Read Full

Big Lots tops Q3 earnings estimates

Big Lots reported better-than-expected third quarter earnings and raised its full-year forecast as its looks towards what it expects will be a successful holiday season.






0 Comments
Read Full

Big Lots tops Q3 earnings estimates

Big Lots reported better-than-expected third quarter earnings and raised its full-year forecast as its looks towards what it expects will be a successful holiday season.






0 Comments
Read Full

TK Maxx parent company posts slump in profit

The parent company of TK Maxx has recorded a fall in third quarter profits, primarily due to investment in a new UK distribution centre. In the three months to October 28 reveal an 18.5 per cent drop in adjusted profits to $75 million (£56.8 million). TJX International – which operates fashion chain TK Maxx in Europe and Australia, as well as homewares retailer Homesense – attributed the reduction in profits to the opening of a new distribution centre in Knottingley, Wakefield, which opened in August.






0 Comments
Read Full

Wal-Mart’s earnings crush expectations as grocery and online sales surge

Wal-Mart reports strong growth online, with e-commerce sales growing 50 percent in the fiscal third quarter.






0 Comments
Read Full

Wal-Mart surges to all-time high after earnings crush expectations

Wal-Mart reports strong growth online, with e-commerce sales growing 50 percent in the fiscal third quarter.






0 Comments
Read Full