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Tag: profit

Profit warnings from firms in Europe mount as Covid-19 bites | Business

A string of retailers, pub and restaurant groups in the UK and across the rest of Europe have issued profit warnings as the coronavirus pandemic takes a mounting corporate toll. Inditex, the Spanish retailer that owns chains including Zara, has taken a €287m provision in relation to the virus. The company, the world’s largest fashion …

Profit warnings from firms in Europe mount as Covid-19 bites | BusinessRead More

How Price Monitoring Software helps Retailers to Maximize their Profit

As retailers, brands, or eCommerce business owners, you have to keep an eye on your competition. And one of the most important aspects you need to look out for is ‘price monitoring’. Customers today have easy access not only to your products but also to your competitor’s products. In fact, according to a study, 87% …

How Price Monitoring Software helps Retailers to Maximize their ProfitRead More

Future Retail Q3 net profit down 16.7 pc to Rs 164.56 cr

Kishore Biyani-led Future Retail Ltd on Thursday reported a 16.72 percent decline in consolidated net profit at Rs 164.56 crore for the third quarter ended December. The company had reported a net profit of Rs 197.60 crore in October-December quarter a year ago, Future Retail said in a regulatory filing. According to a PTI report: …

Future Retail Q3 net profit down 16.7 pc to Rs 164.56 crRead More

V-Mart Retail posts Q3 net profit at Rs 58 cr

Multi-brand retail chain V-Mart Retail on Wednesday reported a net profit of Rs 58.22 crore for the quarter ended on December 31, 2019. According to a PTI report: The company had posted a net profit of Rs 41.68 crore for the corresponding period of 2018-19, V-Mart said in a filing to the BSE. The consolidated …

V-Mart Retail posts Q3 net profit at Rs 58 crRead More

ITC Q3 net profit up 29 pc at Rs 4,047.87 crore

FMCG major ITC on Friday reported a 29.03 percent increase in consolidated net profit at Rs 4,047.87 crore for the third quarter ended December 2019. The company had posted a net profit of Rs 3,136.95 crore in October-December quarter of the previous fiscal. According to a PTI report: Net sales during the quarter under review …

ITC Q3 net profit up 29 pc at Rs 4,047.87 croreRead More

Dabur India Q3 net profit up 8.62 pc to Rs 398.87 crore

Homegrown FMCG major Dabur India Ltd on Thursday reported a 8.62 percent increase in consolidated net profit at Rs 398.87 crore for the third quarter ended December. The company had posted a consolidated net profit of Rs 367.21 crore in October-December quarter a year ago, Dabur India said in a BSE filing. Revenue from operations …

Dabur India Q3 net profit up 8.62 pc to Rs 398.87 croreRead More

Marico Q3 profit rises 10 pc to Rs 276 crore

FMCG firm Marico on Thursday reported a nearly 10 percent increase in consolidated net profit to Rs 276 crore for the quarter ended December 2019 helped by gross margin expansions. The company had posted a net profit of Rs 251 crore in the October-December quarter a year ago, Marico said in a BSE filing. However, …

Marico Q3 profit rises 10 pc to Rs 276 croreRead More

Record Black Friday drives Asos recovery after profit warnings | Business

The online fashion retailer Asos has staged a comeback after a difficult year in which it issued two profit warnings. It credited a record Black Friday for strong sales growth over the festive period. The firm said overall sales grew 20% to £1.1bn in the four months to 31 December, up from the 13% growth …

Record Black Friday drives Asos recovery after profit warnings | BusinessRead More

Superdry and Joules issue profit warnings after tough Christmas | Business

The fashion brands Superdry and Joules have warned that profits will fall significantly below expectations after a tough Christmas. Shares in both companies crashed after the warnings, the latest in a series of grim trading statements from the retail sector – Superdry by 22%, to 368p, and Joules by 33%, to a new low of …

Superdry and Joules issue profit warnings after tough Christmas | BusinessRead More

Rite Aid swings to profit, beats Street in healthy Q3

Get great content like this right in your inbox. Subscribe Rite Aid Corp. has reason to be merry heading into the holidays. The drugstore retailer reported net income of $52.3 million for the third quarter of fiscal 2019, compared to a net loss of $17.3 million during the same period a year earlier. Adjusted earnings …

Rite Aid swings to profit, beats Street in healthy Q3Read More