Morrisons is “in much better shape” than it was last year, as it further exploits its manufacturing capacity, analysts say, ahead of its first-quarter results, due on May 4.
Morrisons, Dairy Crest and Associated British Foods (ABF) are just three companies expected to report trading updates this month, but what can we expect to hear from them?
“Newcastle should be toasting, or is that sausage rolling Greggs today, after another impressive update,” is how city analyst Shore Capital summed up the high street baker’s half-year results.
Marks & Spencer (M&S) food remains in a “very good place”, although pressure is mounting on the retailer’s boss as the rest of the business lags behind, according to market analysts.
Ocado faces a key profitability problem, despite speculation that the online supermarket and distribution business is poised to agree an international deal, according to leading City analysts Shore Capital.
The empire strikes back: that’s the verdict of City analyst Shore Capital on supermarkets’ bid to repel the market share gaining hard discounters Aldi and Lidl. But concerns remain about Sainsbury.
Tesco’s UK business prospects are making City analysts at Shore Capital nervous, as the retail giant faces “a multi-year job” in reviving its fortunes.
Sainsbury boss Justin King – “the grandfather of UK supermarkets” – has drawn praise from City analyst Shore Capital, after the nation’s third largest retailer reported sales, including fuel, up by 4.5% to £23.3bn for the year to March 16.
Upmarket retailer Marks & Spencer’s (M&S’s) “excellent” food sales in the fourth-quarter of 2012/13 could be due to the horsemeat crisis, according to two City analysts.
Online grocer Ocado’s appointment of former Marks & Spencer (M&S) boss Sir Stuart Rose has been welcomed by City analyst Shore Capital, while acknowledging the challenges he faces.
Hull-based meat supplier Cranswick has been given a glowing report by analysts at Shore Capital, after they visited its two factories in Milton Keynes.
A disappointing performance from Tesco over the make-or-break Christmas period means that festive trade for the multiples was “worse than expected”, according to city analysts.
