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Final quarter to boost John Lewis of Hungerford's full year sales

Fri, 06th Nov 2015 11:01

(ShareCast News) - A strong fourth quarter is expected to push up John Lewis of Hungerford's full year sales.The bespoke kitchen, bedroom and furniture retailer posted a trading update for the year to 31 August ahead of its full results due in December.It expected to report sales for the year of £7.8m, up 5% from the £7.4m of sales in 2014.The company noted that the first three quarters of the year trading had been flat on the previous year, however a strong trading performance in the final quarter boosted its full year results.It also still expects to achieve a nominal operating profit in the second half however is likely to report an overall loss for the full year."Whilst disappointing this is a consequence of investments made in line with the strategic growth plan coinciding with an unexpected decline in sales resulting from senior staffing changes within key showrooms caused by factors outside the company's control," the trading update said.The company said that in the first quarter of the new year to date, dispatched sales and forward orders stand at £1.9m.
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7 Sep 2018 00:01

British shops endure worst August for three years -BDO survey

LONDON, Sept 7 (Reuters) - British shops suffered their worst August in three years, a survey showed on Friday, as inflationary pressures and a record heatwave drove consumers away and a shift to

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5 Sep 2018 00:51

PRESS DIGEST- British Business - Sept 5

Sept 5 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The faces an

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29 Aug 2018 09:23

Dunelm Non-Executive Director Departs To Become Debenhams Finance Boss

LONDON (Alliance News) - Dunelm Group PLC on Wednesday said Non-Executive Director Rachel Osborne has resigned immediately after her appointment as chief financial officer at fashion retailer was

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22 Aug 2018 08:40

Debenhams Appoints Former Domino's Finance Boss Osborne As CFO

LONDON (Alliance News) - Department store chain Debenhams PLC said Wednesday that it appointed Rachel Osborne as chief financial officer, with effect from September 17.Osborne previously as

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22 Aug 2018 08:05

UPDATE 1-UK's Debenhams names Rachel Osborne as new finance chief

LONDON, Aug 22 (Reuters) - Debenhams, the British department store group that has issued three profit warnings this year, said on Wednesday it had recruited a former chief financial officer of to

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22 Aug 2018 07:16

Debenhams names Rachel Osborne as new finance chief

LONDON, Aug 22 (Reuters) - Debenhams, the British department store group that has issued three profit warnings this year, said on Wednesday it has recruited a former chief financial officer of as

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5 Jul 2018 13:07

UK retail says no-deal Brexit will see "food rotting at ports"

* BRC warns of risk to food supply and food prices * Plea made ahead of key meeting of UK ministers LONDON, July 5 (Reuters) - The British government and the European Union must a up

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24 May 2018 13:06

John Lewis Of Hungerford Interim Loss Narrows As Sales Improve

LONDON (Alliance News) - Bedrooms and furniture retailer John Lewis of Hungerford PLC said on Thursday its loss narrowed in the first half of its financial year due to an improved sales the six to

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5 May 2018 21:40

Amazon unsuccessfully approached UK supermarket Waitrose in 2017 - Sunday Times

LONDON, May 5 (Reuters) - Amazon made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year, the Sunday Times newspaper reported. Citing an the

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14 Mar 2018 13:17

LightwaveRF Signs Several Supply And Distribution Agreements

LONDON (Alliance News) - Smart home products provider LightwaveRF PLC said on Wednesday it has made a series of distribution arrangements for UK retail to

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8 Mar 2018 13:33

M&S boss Rowe, new chairman Norman see eye to eye on strategy

* CEO says agrees with chairman on 85 pct of issues * UK consumer "fragile" and "volatile" - Rowe * "Very pleased" with small James

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8 Mar 2018 10:56

UPDATE 1-Britain's John Lewis expects profit squeeze from competition

By Sarah Young LONDON, March 8 (Reuters) - Retailer John Lewis expects further pressure on profits in 2018 after a 22 percent drop last year as a result of persistent a

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31 Jan 2017 15:09

John Lewis of Hungerford in line after store closures

(ShareCast News) - Manufacturer, designer and retailer of fitted kitchens, kitchen furniture and bedroom furniture, John Lewis of Hungerford, was holding its annual general meeting in Oxfordshire on Tuesday afternoon. The AIM-traded company's chairman, Gary O'Brien, addressed shareholders on the c

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5 Sep 2016 09:24

John Lewis of Hungerford managing director Jon Rosby to step down

(ShareCast News) - John Lewis of Hungerford said on Monday that Jon Rosby will stand down as managing director on 30 September after ten years in the role. The kitchen, bedroom and furniture retailer said Rosby was leaving by mutual agreement to pursue other opportunities and will be succeeded by Ki

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11 Aug 2016 09:43

WINNERS & LOSERS SUMMARY: DFS Furniture Is Sitting Comfortably

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