Global Banking & Finance

NOVEMBER 6, 2024

By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country.

Profitability 52

Profitability Utilities Retail IT 52

Global Banking & Finance

NOVEMBER 22, 2023

DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France.

Retail 40

Retail Profitability Shares IT 40

Global Banking & Finance

SEPTEMBER 25, 2024

GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zlotys ($5.2-5.5 billion) on Wednesday after posting a flat second-quarter net profit, as rising costs of stores and distribution offset higher sales.

Retail 52

Retail Profitability Sale IT 52

Global Banking & Finance

AUGUST 9, 2023

Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.

Insurance 98

Insurance Profitability Retail Shares 98

Razorpay

AUGUST 14, 2024

The Razorpay D2C & Retail Summit 2024 is set to be a landmark event for the D2C and retail sectors. What is the Razorpay D2C & Retail Summit? What is the Razorpay D2C & Retail Summit? It aims to provide a platform for D2C and retail brands to connect, learn, and grow.

Retail 52

Retail Business Funds Shares 52

Global Banking & Finance

SEPTEMBER 5, 2024

The employee-owned retailer, which also operates Waitrose supermarkets, returned to annual profit […]

Retail 52

Retail Profitability IT 52

Global Banking & Finance

SEPTEMBER 5, 2024

The employee-owned retailer, which also operates Waitrose supermarkets, returned to annual profit […]

Retail 52

Retail Profitability IT 52

Financial Times - Banking

OCTOBER 15, 2024

Net income outstrips expectations despite hit from retail banking retreat

Profitability 94

Profitability Retail Trading Bank 94

CNBC: Investing

MARCH 5, 2024

The Walmart-Vizio deal underscores a broader trend emerging within the retail industry.

Retail 71

Retail Profitability 71

Global Banking & Finance

APRIL 10, 2024

UK’s Tesco forecasts profit rise as consumer sentiment improves By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improving consumer sentiment, after customer wins from rivals helped drive an 11% jump last year.

Profitability 40

Profitability Food Retail 40

Global Banking & Finance

MAY 1, 2024

Britain’s Next keeps profit guidance after first-quarter sales rise By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its guidance.

Profitability 40

Profitability Sale Retail IT 40

Global Banking & Finance

NOVEMBER 5, 2024

LONDON (Reuters) – British online fashion retailer ASOS said it expected adjusted earnings to rise by at least 60% in its 2025 financial year, after a turnaround plan focused on ditching discounting and improving its products gained traction.

Profitability 40

Profitability Retail IT Investment 40

Global Banking & Finance

JUNE 5, 2024

UK discounter B&M profit up 10%, boosted by new store openings LONDON (Reuters) – British discount chain B&M on Wednesday met expectations with a 9.7% rise in full-year profit, reflecting a similar rise in revenue that was boosted by 78 new store openings.

Profitability 40

Profitability M&A Retail 40

Global Banking & Finance

APRIL 4, 2024

Britain’s Co-op profit slides after petrol forecourt sale (Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursday following the sale of its petrol forecourt business, and amid growing competition among retailers.

Profitability 40

Profitability Sale Retail Business 40

Global Banking & Finance

MAY 3, 2024

SocGen Q1 profit slumps less than expected as investment bank surprises By Mathieu Rosemain PARIS (Reuters) -French bank Societe Generale’s net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank and in fixed-income trading.

Investment Banking 40

Investment Banking Profitability Bank Banking 40

Wall Street Mojo

JANUARY 17, 2024

What Is Profit And Loss Statement? A profit and loss (P&L) statement, sometimes called as an income statement, is a financial report that provides investors and outsiders with a financial overview of a company. Table of contents What Is Profit And Loss Statement? Profit and Loss Statement Explained Sample How To Prepare?

Profitability 52

Profitability S&P Financial Statement Accountant 52

Global Banking & Finance

JANUARY 11, 2024

Tesco raises profit outlook again after strong Christmas sales By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it reported a better-than-expected rise in underlying UK sales for the key Christmas trading period, buoyed by demand for fresh food.

Profitability 40

Profitability Sale Food Retail 40

Global Banking & Finance

JUNE 11, 2023

Westpac to layoff 300 workers in business and retail unit, says trade union (Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said.

Retail 52

Retail Trading Business Profitability 52

Razorpay

MAY 23, 2023

Regular retail banks provide financial services to individuals but are not equipped to service businesses. Corporate banking and retail banking might provide similar services but are vastly different. Retail Banking Retail banks or retail banking provide financial services to individual consumers.

Retail 52

Retail Corporation Bank Banking 52

Financial Times - Banking

FEBRUARY 16, 2024

Remuneration of $31mn comes after boss pared back bank’s lossmaking push into retail banking

Profitability 92

Profitability Retail Bank Banking 92

CNBC: Investing

MARCH 21, 2024

The everyday investor appeared to take profit on some of these rallying names.

Retail 110

Retail Profitability Investors Stock 110

Financial Times - Banking

JULY 19, 2023

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Retail 73

Retail Profitability Trading Bank 73

CNBC: Investing

MARCH 4, 2024

Foot Locker (FL) reports Wednesday before the open and the options market implies a substantial 16% move, higher or lower, following their earnings release.

Retail 63

Retail Profitability IT 63

Peak Frameworks

MAY 17, 2023

Why COGS is Important Understanding COGS is crucial for several reasons: Impact on Profitability and Margins COGS directly affects a company's gross profit , which is calculated by subtracting COGS from revenue. A lower COGS means a higher gross profit margin, which indicates better profitability.

Profitability 52

Profitability Financial Statement Investment Banking Investment 52

TechCrunch: M&A

AUGUST 18, 2023

After filing for Chapter 11 bankruptcy protection in April, online wholesale retailer Boxed has been acquired. In the years that followed, Boxed reportedly rejected a $400 million buyout offer from grocer Kroger in 2018, then later partnered with one of Asia’s largest retailers (Aeon) in 2021 for an expansion. ”

Mergers and Acquisitions 174

Mergers and Acquisitions Retail Food Acquisitions 174

PE Hub

AUGUST 22, 2023

In his new role, Collins will have full oversight of the Brown Jordan brand with particular focus on strategic operations, planning, sales and profitability, marketing, retail operations, and product design. The post Littlejohn-backed Brown Jordan appoints Collins as division president appeared first on PE Hub.

Retail 74

Retail Profitability Sale 74

Global Newswire by Notified: M&A

SEPTEMBER 12, 2023

Transaction represents the first step in building XWELL’s retail portfolio outside the airport and positions the Company for revenue growth and profitability Transaction represents the first step in building XWELL’s retail portfolio outside the airport and positions the Company for revenue growth and profitability

Retail 40

Retail Portfolio Profitability Acquisitions 40

Global Banking & Finance

MARCH 28, 2024

JD Sports’ January sales fall in ‘challenging’ market LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1%. 4 […]

Sale 40

Sale Retail Profitability Trading 40

Focus Investment Banking

NOVEMBER 7, 2024

by a significant margin European shoppers buy more private label products, and European retailers like Aldi and Lidl have demonstrated that combining value and quality can keep the shoppers coming back for more. & Europe European retailers have more leverage than U.S. retailers do, overall.

Retail 52

Retail Food Manufacturing Sale 52

Global Banking & Finance

SEPTEMBER 6, 2023

and Europe continued to dampen global sentiment, while WH Smith led midcaps lower as the retailer fell short of a recently raised profit […]

Economics 52

Economics Stock Retail Profitability 52

Cisco: M&A

NOVEMBER 4, 2024

Enhance profitability with expanded incentives and drive customer value together in the AI era. Celebrate Cisco Partner Summit 2024 and discover the new Cisco 360 Partner Program. CiscoPS24

Profitability 52

Profitability Management 52

Business Standard - FInance

JUNE 23, 2023

The paper, authored by a team led by RBI Deputy Governor Michael Debabrata Patra, underlined the need for lowering inflation to revive consumer spending and boost corporate revenues and profitability. per cent in May, following RBI's monetary policy actions and government measures.

Corporation 98

Corporation Sale Retail Profitability 98

M&A Leadership Council

SEPTEMBER 16, 2024

He has both operated and consulted in roles across the leadership spectrum in a variety of industries including business services, healthcare, retail, financial services, and others. In pursuit of gaining international work experience, Adam held roles within non-profit and for-profit entities in Washington, DC, Russia, England and Ireland.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Profitability Financial Services 52

Focus Investment Banking

DECEMBER 11, 2023

“Smaller retailers often provide a stable environment that delivers more attentive customer service.” It’s tempting for all of us who read Modern Tire Dealer for news about some of these big tire and service retail acquisitions to think that the large players have some kind of magic formula or secret sauce that allows them to keep growing.

Retail 52

Retail Mergers and Acquisitions Investment Banking Sale 52

Global Banking & Finance

OCTOBER 18, 2023

Through […]

Collaboration 52

Collaboration Retail Profitability Trading 52

Focus Investment Banking

JUNE 25, 2023

A business segment’s place in my hierarchy of value is determined by a mix of things, like profitability and margins, recent market activity, positive or negative long-term trends and threats to the business model. The primary driving factors here are EBITDA, gross profit margins and recent market activity for these businesses.

Business 52

Business Retail Valuation Middle Market 52

Peak Frameworks

SEPTEMBER 11, 2023

At its core, a supply chain includes suppliers, manufacturers, distributors, retailers, and customers, but it also involves several stages that allow these key elements to interact effectively. They are responsible for taking the product from the manufacturer and getting it to the next link in the chain: retailers.

Retail 52

Retail Manufacturing Transportation Management 52