Results | ESM Magazine

Profit Falls At Morrisons, But Bidding War Overshadows H1 Results

British supermarket group Morrisons, at the centre of a bid battle between two US private equity firms, has reported a 37.1% fall in first-half profit, wit...

Sainsbury's Raises Profit Forecast After Strong Christmas

British supermarket group Sainsbury's has raised its full-year profit forecast as it reported strong trading in the key Christmas quarter, benefiting from...

Tesco's First-Half Results – What The Analysts Said

Tesco has announced its half-year results, with the business seeing a 6.5% like-for-like sales increase at a group level, and a 7.6% sales boost at its cor...

South Africa's Woolworths Sees Annual Sales Dip As COVID-19 Hits

South African retailer Woolworths Holdings flagged a small fall in annual sales after its non-food stores were shut in the second-half of its financial yea...

Sainsbury's First-Half Results – What The Analysts Said

UK retailer Sainsbury's has posted a marginal decline in group sales in the first half of its financial year, with like-for-like sales down 1.0% and underl...

Spanish Takeover Target DIA Posts Net Loss Of €353m In 2018

Spanish supermarket chain DIA posted a net loss of €352.6 million ($400 million) in 2018, the company said on Friday, three days after its main shareh...

Migros Group Sees 1.3% Growth In Sales In 2018

Swiss retailer Migros Group has posted a 1.3% growth in sales to CHF 28.4 billion (€25.1 billion) in its financial year 2018. Consolidated retail s...

UK Convenience Retailer McColl's Warns On Full-Year Profit

British convenience retailer McColl's warned on profit on Monday, blaming disruption relating to a new supply contract from supermarket group Morrison...