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Back to profileJD Sports says cost-of-living squeeze hitting sales despite football kit boost
The football World Cup was a tale of two halves for JD. Despite the tournament being hosted across much of North America, it wasn’t enough to convince these fans to lace up in new gear from JD’s stores.
JD Sports says cost-of-living squeeze hitting sales despite football kit boost
JD Sports took another step backwards in the second quarter, with full-year profit guidance lowered amid a tough market backdrop.
BA parent company IAG suffers 35% drop in profits after fuel cost hit
They were even better than markets expected, thanks to a tight grip on everyday costs and a lower-than-forecast fuel bill.
BAE Systems and Rolls-Royce reap rewards from higher global defence spending
Despite the Middle East conflict, demand for Rolls-Royce’s aircraft engines hasn’t let up.
Aston Martin posts further losses but insists turnaround on track
A ramp-up in production of its higher-priced special models, such as the Valhalla, drove revenues higher at double-digit rates.
Unilever hails best sales in more than a decade ahead of food business spin-off
Unilever’s underlying sales growth accelerated sharply to 5.8 per cent in the second quarter, far outpacing market expectations of 4.3 per cent.
Travel firms and housebuilders lead profit warnings amid Iran war fallout
Housebuilders are having a tough time as the Middle East conflict and shifting mortgage rate expectations are weighing on buyer demand.
Ryanair profits hit by soaring jet fuel prices and fare cuts
Ryanair felt some turbulence in the first quarter, as net profit of €538 million fell short of market expectations by around seven per cent.
EasyJet agrees to rival £5.7bn takeover bid by US giant Apollo
Apollo has edged ahead of its rival bidder with an offer of £7.15 per easyJet share.
Sainsbury’s says sales encouraging but impact of Iran war still ‘uncertain’
Sainsbury’s had a solid start to the year, with grocery sales outpacing the broader market and pushing the top line higher.
National Grid sparking into action
National Grid looks relatively immune to the knock-on effects of the Middle East conflict.
Tui says summer bookings down as Iran war and Jamaica hurricanes hurt profits
Its Cruise and Markets & Airline (M+A) segments were hardest hit by the disruption.