RETAIL/CONSUMER

NEXT on Cautious Edge, Expects Recovery in Q2

Next Plc Earnings Performance
NEXT PLC, the Britain's second-largest clothing retailer expects to deliver its FY2011 earnings in line with the previous guidance on Thursday with an approximate increase of 4 percent in its profit before tax at the range of £558-572 million.
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Sainsbury Earnings Performance

Sainsbury To Ramp Up Investments, Expects Good Progress In Difficult Consumer Environment

J Sainsbury, the retailing and financial services and property investment group, expects customers to spend cautiously in 2012, particularly in first half of the year. Although the short term remains challenging, key events later in the year, such as the Queen's Diamond Jubilee and London 2012 Olympic and Paralympic Games provide opportunities for growth.
Debenhams Earnings Outlook

Debenhams Keen on Tight Cost Control and Profit Maximisation

Debenhams, the seller of fashion clothing, accessories, cosmetics and products, expects to benefit from lower input prices in the H2 of FY 2012. Britain's No. 2 department store group is scheduled to release its H1 trading update on Tuesday.
Home Retail Earnings Outlook

Home Retail Group Expects Major Cut in Full Year Dividends

Britain's household goods retailer, Home Retail Group, focuses on robust cost management along with cash positions due to ongoing uncertainty surrounding the UK economy. It will also prioritise its investment in the ongoing development of its multi-channel capabilities.
Morrisons

Morrisons Delivers Another Good Year Performance

Morrisons Supermarkets, the food retailer, has reported that its turnover rose 7 per cent to £17.7 billion for the year ended 29 January, 2012. Profit before tax was at £947 million compared to £874 million in the previous year and raised its total dividend by 11 per cent to 10.7 pence.
Bovis Homes Group

Bovis Homes Reports Solid Earnings

The builder of traditional homes reported that its annual pre-tax profits rose 74% for the financial year ended 31 December 2011, as it sold more homes at a wider margins and focuses on increasing profits combined with further improvements in the use of capital. The Group also expects to deliver a strongly increasing return on capital employed in 2012 and beyond.
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