B&M European Value slips after mixed reaction to results
B&M fascia stores grew like-for-like sales 0.7% for the year after strengthening to 5.8% in the fourth quarter, while underlying earnings jumped 13.5% to £297mln
Company
B&M European Value Retail SA
LON:BME
B&M offers a broad range of quality products and key brands at low prices. By continually exciting our customers with fantastic value, enhanced by good retail standards, we provide a fun shopping experience which prompts customers to return again and again to a B&M store.
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B&M shares gain as Barclays initiates coverage with 'overweight' rating
"B&M has entered a virtuous circle in which like-for-like sales growth and new store expansion increase its volumes, which in turn reduce its cost ratios and allow it to invest in prices and put pressure on peers," Barclays said
B&M looks good value to RBC analysts
B&M shares have gained almost 25% so far in 2019, and Canadian bank RBC thinks there’s plenty more headroom for future growth
Tesco, Next and Ted Baker among the festive winners as high street survives Christmas - but only just
Below we provide a cut-out-and-keep guide to the major quoted retailers and how the quoted retailers performed
B&M expects record full year earnings after Christmas sales grow despite weaker UK performance
“Despite the broader economic uncertainty over the last quarter, B&M is on track to deliver a record year for both sales and earnings, representing our fourteenth consecutive year of profit growth,” said chief executive Simon Arora
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FTSE 100 closes higher as traders optimistic on China/US talks breakthrough
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher.
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Slew of retailer trading updates to continue, Sainsbury's takes supermarket focus
The post-Christmas assessment of the high street will carry on unabated on Wednesday, with updates expected from Ted Baker, Topps Tiles and Majestic Wines
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Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
Next's Christmas trading to be hit by Brexit and mild weather, says Jefferies
In a note to investors, titled a “Messy Xmas”, Jefferies maintained a ‘hold’ rating on Next but cut its target price to 4,600p from 5,600p.
Marks & Spencer investors braced for a tough Christmas after ASOS warning
With consumer confidence at its lowest ebb for almost a year, just what is in store for M&S
B&M shares fall as sales ease after end to warm summer months
“In recent months we have met the challenge of trading against last year's exceptionally strong performance, and the effects of a long warm summer which has partly disrupted the normal pattern of trade,” said chief executive Simon Arora.
FTSE 100 closes slightly in red as traders sit on hands ahead of central bank updates
FTSE 100 closed down 0.46 points, or 0.01% at 7,700 on Monday
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Banks in the foreground as the BoE and Fed make rate decisions; Barclays, Lloyds, RBS all report results
Aside from the raft of banking numbers in the Week Ahead, the likes of BP, Centrica, Next, Rolls-Royce, BAE Systems and Taylor Wimpey will also continue the FTSE 100 reporting splurge
Dark day for major retailers as disappointing news sends shares sliding across the board
Three major retailers saw their share prices hammered after releasing trading updates
B&M reports strong revenue growth in first quarter but LFL growth faces tough comparable
The FTSE 250-discount retailer said group revenue growth for the quarter was 21.4% compared with 17.2% growth in the same period a year ago
FTSE 100 closes higher Thursday as traders come back to equities
Sterling was also stronger - up 0.06% to 1.1318 against the Euro and up 0.12% versus the US dollar
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ASOS set for a warm weather boost
Thursday will see retailers ASOS and Dunelm to the fore. The former is expected to issue an upbeat statement while the latter will be looking to prove it is not curtains for its growth story.
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High street vs online: Updates from retailers Mark & Spencer and ASOS will provide fuel
Aside from M&S and ASOS, the week ahead will also bring trading updates from the likes of Ocado, Burberry, Barratt Development, Experian, and JD Wetherspoon
B&M sees profit growth for full-year despite fourth quarter weather conditions
The FTSE 250 retailer reported adjusted pre-tax profits of £221.5mln, up 16.5% on the previous year, while group revenues grew 22.4% to £2.97bn from £2.43bn
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FTSE 100 has late flurry to close firmly higher
The UK blue-chip index had a surge near the close of play and added nearly 57 points