Like-For-Like Sales

Marks and Spencer's food like-for-like sales dropped 0.1%

M&S Food sales drop is ‘concerning’: analyst

By Matt Atherton

Marks and Spencer’s (M&S’s) 0.1% drop in like-for-like food sales in its first quarter is concerning, according to Economist Intelligence Unit (EIU), the forecasting and advisory services group.

Bird flu and redundancy costs drove Boparan Holdings' operating profit drop

2 Sisters owner blames bird flu for 39% drop in profit

By Matt Atherton

2 Sisters Food Group’s parent company, Boparan Holdings, has reported a 39% fall in like-for-like operating profit to £13.1M in its third-quarter trading update, driven by redundancy and bird flu costs.

Dairy and nutrition firm Danone launched an efficiency plan to save €1bn

Danone launches €1bn cost-saving scheme

By Matt Atherton

French dairy and nutrition company Danone has launched a cost-cutting and efficiency scheme, designed to save €1bn (£850M) by 2020, after its European sales fell 1.4% last year.

Greencore reported a 9.1% rise in like-for-like sales

Greencore confident of mitigating Brexit threats

By Matt Atherton

Greencore said it was confident of mitigating any Brexit-related cost increases, as it reported a 9.1% rise in like-for-like sales to £417M on a constant currency basis, in the 13 weeks to December 30.

M&S's food sales dropped 0.9% this quarter

Marks & Spencer’s food sales drop 0.9%

By Matt Atherton

Food sales at Marks & Spencer (M&S) fell by 0.9%, on a like-for-like basis, in its first quarter, amid reports consumer confidence had fallen to its lowest level in 21 years following the UK’s Brexit vote.

Tesco has returned to profit, pledging to continue working closely with its suppliers

Tesco returns to profit, after working closely with suppliers

By Michelle Perrett

Tesco is back in the black as pre-tax profits hit £162M, in its full-year results, up from the £6.3M deficit on the previous year, as the nation’s biggest retailer pledged to continue to work “more closely” with suppliers

Sainsbury's online grocery sales saw record growth

Sainsbury’s sales dive for the sixth quarter

By Nicholas Robinson

Sainsbury boss Mike Coupe has blamed food price deflation for a drop in sales for the sixth quarter in a row, he said in a trading update today (June 10).

One of Greggs’s new-look stores

Greggs ‘on front foot’ as strategy pays off

By Rod Addy

Greggs’s strategy is paying off, according to Sahill Shan, analyst at N+1 Singer, as the food-to-go chain disclosed strong half-year (H1) figures, ahead of interim results next month.

2 Sisters is looking to diversify the customer base for its European poultry business

Protein star performer for 2 Sisters

By Rod Addy

Boparan Holdings, the holding company for 2 Sisters Food Group, has reported strong progress in its third financial quarter (Q3), with its protein division contributing significantly to sales and profitability.

Sainsbury's third quarter results were greeted with relief by City analysts

Sainsbury’s Q3 results greeted with relief by City analysts

By Michael Stones

Sainsbury’s third quarter results for the 14 weeks to January 4 2014 were greeted with relief by City analysts, as the supermarket’s boss Justin King pledged to stay at the helm – at least for the short to medium term.

One of Greggs' new look stores

Cautious optimism from analysts over Greggs

By Rod Addy

Bakery retailer Greggs has provoked cautious optimism from analysts over its latest quarterly trading update, with signs of a recovery in like-for-like sales.


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