Meltdown at M&S: More stores facing the axe as chain records lowest profit for three decades with next year’s divi cancelled too By Tom Witherow For The Daily Mail Published: 21:50 BST, 20 May 2020 | Updated: 23:13 BST, 20 May 2020 Marks & Spencer has warned it may shut more shops to survive in … Read more
Games Workshop shares leap as the Dwarfs, Orcs and Elves retailer says its profits are set to surge Retailer expects sales for the six months to December to be at least £140m Nottingham-headquartered firm said profits for the period will be at least £55m Shares climbed 17 per cent to 5267p following the update on Friday … Read more
Pandemic wipes £1billion off Disney’s quarterly profits as it is forced to close parks, cancel cruises and delay film and TV productions By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 May 2020 | Updated: 21:51 BST, 6 May 2020 Disney is planning to reopen its lucrative theme parks after the coronavirus crisis … Read more
Virgin Money saw its underlying profits slashed by nearly 60 per cent in the first half, as it braces itself for a spate of bad loans triggered by the pandemic. The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more … Read more
Disney’s profits plunge 91% by $4.9 BILLION as coronavirus wreaks havoc on the company’s earnings and its theme parks, cruises and movie studio remain shuttered Disney on Tuesday reported sharp drop in profits for the quarter ending in March Profits dropped 91 percent to $475 million, down from $5.4 billion last year One bright spot … Read more
Sainsbury’s defers £160m dividend as profits remain flat despite pre-lockdown sales rush By Tom Witherow For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:25 BST, 30 April 2020 Sainsbury’s has deferred a £160million dividend and cancelled bonuses despite its supermarkets being ‘busier than Christmas’ in the week before lockdown. Bosses said … Read more
Sainsbury’s predicts loss of more than £500m profits this year as it reports 2% drop in quarterly profits of £586m By Martin Robinson, Chief Reporter For Mailonline Published: 07:28 BST, 30 April 2020 | Updated: 07:55 BST, 30 April 2020 Sainsbury’s today warned the coronavirus crisis will cost them £500million over the coming year as … Read more
Profits at Adidas slump 93% as it reports more than half of its business still at a standstill By Daily Mail City & Finance Reporter Published: 22:17 BST, 27 April 2020 | Updated: 22:17 BST, 27 April 2020 Profits at Adidas slumped 93 per cent as it reported that more than half of its business … Read more
Games Workshop turns fantasy into real world gains as it posts a bumper set of half-year profits By Daily Mail City & Finance Reporter Published: 22:36 BST, 14 January 2020 | Updated: 22:36 BST, 14 January 2020 Games Workshop shares jumped to a record high as the company posted a bumper set of half-year profits. … Read more
Malaysian fraud scandal hits Goldman Sachs’ results with profits down 19% from the previous year By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 January 2020 | Updated: 21:50 BST, 15 January 2020 Goldman Sachs’ missed profit expectations as it blamed a surge in litigation charges Legal costs relating to a Malaysian fraud … Read more