Conviviality Retail Share News (CVR)
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Off-licence and convenience chain Conviviality Retail increased its profits by 46.7% during the first half of the year and reported a strong Christmas period despite a challenging market. Last year's loss before tax of £1.1m moved to profit of £2.7m this year. As a result, the company reported earni
Read moreAnother profit warning from Tesco shattered already-fragile sentiment in the supermarket sector on Tuesday with grocery stocks falling sharply. Tesco's shares were down 7.4% at 173.4p in afternoon trade, having dropped as much as 16% early on, after the retail giant surprised the market with an unsc
Read moreConviviality Retail, the largest franchised off-licence chain in the UK, has reported flat sales for its first half as it announced plans to launch its Bargain Booze-branded shops in Scotland. Sales over the 26 weeks to 26 October totalled £183m, broadly in line with last year. However, revenue on a
Read moreThe day after recruiter Hydrogen Group published interim results, chief executive Tim Smeaton dipped into the market to top up his holding with 35,000 ordinary shares at a price of 88p. The £30,800 purchase took Smeaton's beneficial interest in the company to just over 12%. Tuesday's results were n
Read moreConviviality Retail, an AIM-listed franchised off-licence chain, has agreed to acquire 26 stores from a subsidiary of Bibby Retail Services. Conviviality paid a total consideration of £1.7m in cash, of which £0.2m is deferred, mostly in Yorkshire and the North East and currently operate under the R
Read moreOff-licence franchise group Conviviality Retail has confirmed it is in talks to acquire several stores from a rival. The AIM-listed company, which floated in July last year, issued a statement in response to media speculation in the trade press about a purchase of a "small number" of off-licences.
Read moreTwo senior members of the YouGov board of directors have this week reduced their holdings in the company for 'personal tax and financial planning purposes', the market research firm revealed. The biggest disposal came from Doug Rivers, the company's Chief Innovations Officer, who sold 141,360 shar
Read moreConviviality Retail, the owner of franchised off-licence convenience stores, reported a solid increase in profits despite a dip in revenue in its maiden first-half results as an AIM-listed company. Meanwhile, an update on trading showed that sales over Christmas were strong, with like-for-like (LFL
Read moreSupermarkets were lifting the food and drug retail sector higher on Monday as stocks recovered following a tough week for the industry. Morrison, Tesco and Sainsbury were all making decent gains in afternoon trade after all three grocers disappointed investors with poor like-for-like (LFL) sales ov
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