Newspaper article from our research archive:
|
|
Next shares suffer as sales growth slows 5%
- Article from:
-
The Independent - London
- Article date:
-
May 17, 2002
- Author:
-
|
Copyright informationCopyright 2002 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
THE HIGH STREET delivered a mixed message yesterday after Next,
Britain's third-biggest clothing retailer, revealed a sharp slowdown
in sales growth while Selfridges showed signs of recovering after the
collapse in visitors to London hit its business.
Next disappointed the City with a 5 per cent rise in underlying
sales for the first 15 weeks of its financial year, which compared
with an increase of 7 per cent over the first seven weeks. Its
shares, which recently hit a new peak of just over 1,100p, plunged
51p to 1,050p.
While a number of retailers including Marks & Spencer have
cautioned that the recent rate of sales growth is unsustainable,
analysts said the high street was still ...
Related newspaper, magazine, and journal articles:
|
Wetherspoon reduces profit forecast as shares slide 5 per cent following...
The Scotsman;
April 30, 2004 ;
367 words
......City expectations as underlying sales growth has slowed. Wetherspoon, whose...cent rise in Q3 same-floorspace sales. This showed a slowdown in the...s like-for-like year to date sales are 4.5 per cent. Overall sales...9.4 per cent increase in the financial year so far. ...
|
|
Wetherspoon sales growth hit by slower expansion.(Business)
Western Mail (Cardiff, Wales);
January 21, 2004 ;
299 words
......rate as it reported falling sales growth. Total sales in the 25 weeks...expected to open in the current financial year. Wetherspoon said that represented...UK at the end of the last financial year. Wetherspoon's chairman...pounds 2m in the current financial year, with ...
|
|
Boots begins to see improved sales growth.(Stock Watch)(Brief Article)
Cosmetics International;
August 15, 2003 ;
178 words
......sales for the first quarter of the financial year rising 4.8%. We continue to see the...to a recent heatwave, which boosted sales growth in the expanded Sunshop and also increased...that this year's late Easter increased sales growth in the quarter by approximately 0.4...
|
|
Sales growth at engineering group Rotork slips below expectations
The Independent - London;
November 21, 2002 ;
96 words
......chief executive Bill Whiteley, left, yesterday warned sales growth for the second half of its financial year was slightly below expectations. Rotork, which makes devices...higher-margin sales from electric actuators. "Overall sales growth has been slightly below the company's ...
|
|
Logica 'to beat sales growth targets'
The Scotsman;
August 15, 2008 ;
258 words
......yesterday by revealing it expected to beat its sales growth target for this financial year. The group, which is cutting 1,300 jobs...remained positive in the first half of its financial year, particularly in energy, utilities and the...
|
|
Jusco set to record strong sales growth
The Malay Mail;
January 6, 2003 ;
281 words
......expects to register strong sales growth for financial year ending Feb 28 2003 on...expects the country's retail sales to grow by 8 per cent...reported RM322.66 million sales versus RM279.45 million...ago. In terms of yearly sales, Jusco's sales have grown by about ...
|
|
Coles sales growth suffers.
Australasian Business Intelligence;
November 15, 2006 ;
249 words
......Myer, has reported fairly moderate sales growth. On 15 November 2006, the group reported sales growth of 3.2 for the first quarter of the financial year. The overall sales were worth $A8...of $A787 million for the 2006-07 financial year. Publication Date: 16 November ...
|
|
TM Lewin puts its shirt on healthy sales growth
Yorkshire Post;
July 22, 2008 ;
310 words
......after revealing healthy sales growth. The firm, whose stores...openings in the previous financial year. The figure represented...pleased that the current financial year has started well. "While...stores opened in the past financial year were in London, including...
|
|
Aeon hopes to repeat 9.7pc sales growth
New Straits Times;
June 23, 2006 ;
390 words
......Aeon hopes to repeat 9.7pc sales growth Byline: Vasantha Ganesan...hopes to repeat last year's sales growth of 9.66 per cent in the...yesterday. Since its last financial year ended February 2006, Aeon...best. Aeon has changed its financial year end to December 31 2006. ...
|
|
LA Fitness on course to meet target of 70 clubs; HEALTH: Club operator...
Western Mail (Cardiff, Wales);
July 27, 2002 ;
138 words
......overseas venture in Spain, during the second half of the financial year to the end of this month. The group now has 53 clubs...LA said trading remained strong, with like-for-like sales growth of more than 9pc during the financial year and LA membership now standing at 125,000 - up ...
|
|
PROFITS UP AT STORES; Somerfield chain reports steady sales...
Liverpool Echo (Liverpool, England);
July 3, 2002 ;
265 words
......on ``the acceleration of profitable sales growth''. Somerfield has seven stores in the...tumble. Sales edged up in the last financial year by 1.8% on a like-for-like basis as...the first eight weeks of the current financial year had fallen by 2.2% due to a strong...
|
|
Business Wales: Pub chain warns of low profits; WETHERSPOON: Group blames...
Western Mail (Cardiff, Wales);
July 17, 2002 ;
346 words
......the warning but also revealed that sales growth in May and June had slowed on previous...said. He added that like-for-like sales growth for the 48 weeks to June 30 was still...Profit expectations for the group's financial year to July 28 range between pounds 53m...similar amount ...
|
|
Clean sweep of sales growth at Carpetright; IN BRIEF.
The Evening Standard (London, England);
August 10, 2004 ;
48 words
...CARPETRIGHT has reported an encouraging start to its financial year, with a 3.7% rise in underlying sales for the 14 weeks to 7 August. Chairman Lord Harris has seen good sales growth across all floor coverings. Total sales rose 9.2%, of which...
|
|
Currys sales growth.(Business Local)
Evening Gazette (Middlesbrough, England);
May 16, 2007 ;
279 words
......division grow 3% over the last financial year. The absence of further shocks...troubles behind it as recent sales growth pointed to the start of a new...The group saw 3% like-for-like sales growth in its UK and Europe retail...
|
See all results.
Or, try our
Advanced Search.
|