Articles about profit

Sony struggles to keep up as 7 million PlayStation 4 consoles fly off shelves

Sony Corp. on Wednesday revealed it was struggling to keep up with demand for its new PlayStation 4 videogame console, after selling more than 7 million in just over four months to 6 April.

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House of Fraser reveals record profits ahead of Sanpower takeover

A surge in online sales helped House of Fraser reach record gross profits last year, as the department store retailer prepares for its sale to China’s Sanpower.

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JD Sports full year like-for-like sales up 7%

JD Sports on Tuesday reported back on a strong year for the sportswear specialist, as like-for-like sales rose by 6.7 per cent.

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French Connection reports back on 11% rise in like-for-like sales

Fashion group French Connection this week reported an 11 per cent rise in like-for-like retail sales, sending its shares sky-high.

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The pressure piles on for Tesco chief Philip Clarke

Tesco is expected to announce another year of falling sales and profits this week, as the pressure mounts for chief executive Philip Clarke to turn around sales.

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Next boss to share out £4m bonus with 20,000 staff

Lord Wolfson will share his £4 million bonus out to 20,000 Next employees for the second year in a row.

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Samsung warns on possible second quarter of decline

Samsung Electronics Co Ltd on Tuesday warned that it is now on track to post its second consecutive quarterly decline in profit, as it faces a battle on multiple fronts for its smartphone business.

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Marks & Spencer clothing sales set for 11th consecutive fall

Marks & Spencer’s all-important general merchandise lines will be the centre of attention this week as the department store prepares to update the industry on the last three months of business.

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Cash-and-carry specialist Booker sales up nearly 20%

Booker Group Plc, the UK’s largest wholesale food operator, this week revealed total sales rose 17.3 per cent for its full year as customers stocked up on non-tobacco products.

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Weak Europe hurts Prada’s profit

Prada SpA failed to meet analyst expectations for its full year, as a weak Europe and stalling Chinese market resulted in flat growth for 2013.

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