Ocado raises revenue guidance after surge in customers during the summer
The online retailer said revenue rose 15.5% year on year to £658m for the quarter ending September 1, while average orders per week rose 14.7% to 437,000
Ocado hikes full-year guidance after summer rise in customers
The online retailer, run as a joint venture with Marks & Spencer, had more than 1.06 million customers in the third quarter.
Ocado Retail lifts full-year guidance as Q3 revenues jump
Online grocer and logistics group Ocado has upgraded its revenue guidance for its retail division following a strong third-quarter performance which saw revenues jump as both customer numbers and the number of orders rose.
Next hikes profit outlook as sales surge overseas and UK trading rebounds
The group, which is led by chief executive Lord Wolfson, reported a 7.1% jump in underlying pre-tax profits to £452m for the six months to July 27 as total group sales lifted 8%
Olive Garden Owner Darden Jumps on Signs of Sales Rebound, Uber Eats Delivery Deal
Darden Restaurants shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber.
Next upgrades earnings guidance, Ocado lifts revenue outlook
London open The FTSE 100 is expected to open 67 points higher on Thursday, having closed down 0.68% on Wednesday at 8,253.68.
Next lifts profit guidance again to almost £1bn as sales soar
UK clothing retailer Next once again upgraded annual earnings guidance, with full year profits now expected to hit almost £1bn as recent full price sales “materially exceeded” forecasts.
Olive Garden Owner Sees Sales Rebound and Strikes Uber Delivery Deal. Its Stock Is Flying.
Darden Restaurants shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber.
Next Shares Rise 3% As Full-Year Estimates Hiked
FTSE 100 retailer now expects pre-tax profits of £995 billion in financial 2025. This is the second upgrade to sales and profits guidance since early August.
General Mills Reports Decline in Profits Amid 'Uncertain' Consumer Backdrop
Breakfast and snack food giant General Mills reported lower sales and profits compared to the same quarter a year ago, as lower prices and higher costs weighed on the company's margins.
last updated on 19 Sep 22:06