Articles about profit

Positive sales at Travis Perkins

Building merchant Travis Perkins has reported encouraging like-for-like sales, which have grown steadily in the third quarter and remain consistent with the positive first half.

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Burberry leads the FTSE losses despite rise in H1 sales

British luxury behemoth Burberry Group Plc on Tuesday reported a rise in first-half sales that met analysts’ demands, but investors reacted badly to a slowdown in growth, with shares falling 4.4 per cent on the results.

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Wal-Mart to stop providing healthcare for some part-time staff

US retailer Wal-Mart have announced that it will stop giving healthcare benefits to various part-time employees in America, as the cost of these services is increasing.

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Tesco expands board of directors

Yesterday Tesco revealed that it had expanded its board with the previous boss of Ikea and the chief executive of catering brand compass, to the relief of investors.

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Tesco set for boardroom overhaul

Troubled supermarket giant Tesco is reported to be planning a boardroom shake-up in the aftermath of its £250 million profit error revelation.

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Apple accused of making "sweetheart deals" with Irish government

Apple has been accused of making “sweetheart deals” with the Irish government in order to decrease their tax bills – and as a result of which the brand could be facing £1 billion in fines.

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Initial warnings about Tesco accounting scandal ignored

It’s been reported that early warnings about the accounting scandal at Tesco were ignored, leading to the £250 million fiasco

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ASOS fights to retain maintain good brand relationships

Online retailer ASOS is desperately trying to maintain positive relationships with a variety of fashion labels it distributes.

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French Connection reports 10% drop in revenue

French Connection said it would remain cautious about trading the second half after reporting a 10 per cent drop in retail revenue in the six months to 31 July.

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‘King of Trainers’ JD Sports posts 170% rise in H1 profit

JD Sports on Wednesday posted record first half results, with pre-tax profits up 170 per cent to £16.4 million.

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