Third Bridge

Sainsbury's Third-Quarter Results – What The Analysts Said

Sainsbury's has reported a 5.3% decline in third quarter sales, compared to the previous year, while sales over the busy Christmas period were down 2.9%. L...

Tesco Half-Year Results – What The Analysts Said

Tesco has reported a 3.0% increase in group sales (at constant exchange rates) in the first half of its financial year, with like-for-like sales up 1.2% at...

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...

Former Tesco CEO Leahy Named As Potential Future Morrisons Chairman

Former Tesco chief executive Sir Terry Leahy is reportedly being lined up to become the next chairman of Morrisons, should the £7 billion (€8.15...

Private Equity Firms Eyeing Potential Bid For Sainsbury's: Reports

Private equity companies are circling British supermarket group Sainsbury's with a view to possibly launching bids of more than £7 billion (€8.2...

Morrisons' Property Portfolio, Wholesale Business Make It Attractive To Private Equity

Morrisons' £8 billion property portfolio, coupled with its vertically integrated supply chain and wholesale structure, make it a "very attractiv...

Boosting Profits Should Be Next On The Agenda For Ocado, Say Analysts

While online grocer Ocado will be pleased with a 21.4% increase in first-half sales, attention should now turn to improving the group's profit positioning,...

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

Tesco has reported a 1.0% increase in like-for-like group sales in the first quarter of its financial year, with its UK business seeking like-for-likes up...

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