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Morrison H1 results show signs of recovery and beats expectations

Published:  15 September, 2016

Morrisons Supermarkets Plc first half of the year results are showing signs of recovery under the new leadership team and beat analysts expectations.


Marks and Spencer food sales grow market share

Published:  08 April, 2016

Sales of clothing and homeware at Marks and Spencer continued to fall in the fourth quarter, but the food and drinks section continues to be a saving grace for the high street stalwart.


Strong sales figures from Pernod Ricard add to pressure on Diageo

Published:  22 October, 2015

Pernod Ricard is reporting solid growth for the three months to September 30, 2015, according to figures released today.


Strong Fever-Tree results consolidate market position

Published:  27 July, 2015

Fever-Tree, the UK-based manufacturer of premium mixers, has revealed strong growth for the first half of 2015. Its results for the six months to 30 June showed revenue of £24.1m - up 62% on the same period for the previous year.


Sainsbury's Q1 sales decline due to food price deflation

Published:  10 June, 2015

Sainsbury's sales declined for the sixth consecutive quarter with total retail sales down 0.6% and like-for-like sales down 2.14%. driven primarily by food deflation.


Tesco 2015 results report a £6.4 billion loss

Published:  22 April, 2015

Tesco has reported the worst annual financial results in the retailer's 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.


Treasury Wine Estates stock recovering strongly, hitting a 52-week high

Published:  17 April, 2015

Treasury Wine Estates stock price hit a 52-week high this week peaking at AUD$5.89 per share before retreating and closing at $5.89.


Constellation Brands 2015 results: sales increase 24% and company to pay first dividend

Published:  10 April, 2015

Constellation Brands released it fiscal 2015 year end results showing an increase in consolidated net sales of 24% and following another strong year, the company announced it would initiate its first ever dividend payment in the company's history.


Brown Forman Q3 rise in profits driven by Jack Daniel's and premium whiskey growth

Published:  05 March, 2015

Brown Forman's reported underlying net sales grew by 5% and operating income increased by 7% for the first nine months of fiscal 2015 ending on January 31, 2015, despite the headwinds of a strengthening US dollar and unfavourable foreign exchange.


Diageo completes Don Julio Tequila acquisition

Published:  02 March, 2015

Last week Diageo completed the full acquisition and control over Tequila Don Julio from Jose Cuervo in exchange for Bushmills Irish whiskey brand.


LVMH profits up, despite poor wine and spirits performance in 2014

Published:  04 February, 2015

Moët Hennessy Louis Vuitton reported €30.6 billion in revenue for its full year financial results for 2014, which was up 6% over 2013, with revenue increases in all business groups except the wine and spirits arm of the company.


Burgundy's Domaine Chanzy first company to use crowdfunding for IPO

Published:  02 February, 2015

Domaine Chanzy will be the first company in the world to use a crowdfunding platform to launch its initial public offering (IPO) on the AIM exchange.


Despite positive H1 results, concerns about Greene King remain

Published:  04 December, 2014

Total revenue was up 3.3% rising to £614.9 million for the first half of 2015 fiscal year for pub company and brewer Greene King, but its operating profit dropped 3.1% to £123.3 million.


Brown-Forman H1 and Q2 results curbed by poor foreign exchange

Published:  04 December, 2014

The second quarter results from Brown-Forman show net sales have rebounded, growing 5% to $1.135 million in the second quarter, but operating income declined by 3% to $303 million due to the negative impact of foreign exchange.


Brown-Forman raises its dividend, continuing strong performance

Published:  21 November, 2014

Brown-Forman shows little signs of slowing down following the "most successful year" in the company's history, announcing yesterday that it would be increasing its quarterly cash dividend by 8.6% to $0.315 per share.


Constellation Brands hits a 52-week high for third time this year

Published:  13 November, 2014

Constellation Brands (STZ) hit a 52-week high in trading yesterday, peaking at US$95.09 per share and closing the day at $94.02, which is the third time this year the company has hit a yearly record level.


TescoGate: Tesco and Serious Fraud Office confirm criminal investigation

Published:  29 October, 2014

The Serious Fraud Office has launched a criminal investigation into Tesco's accounting irregularities after the retailer confimed it had mis-stated profits by £263 million.


Pernod Ricard returns to growth in Q1 despite wine sales decline

Published:  23 October, 2014

Pernod Ricard returns to growth in Q1 with organic sales increasing 2% and sales totalling €2,037 million despite the company's Priority Premium Wines category posting a 3% decline in net sales.


Will Constellation Brands continue its winning streak?

Published:  02 October, 2014

Constellation Brands is set to release its second quarter financials today, and with over 51.9% share-price growth over the past year, the question on everyone's mind is can it continue?


Treasury Wine Estates may delay AGM due to possible takeover

Published:  01 September, 2014

Treasury Wine Estates announced that it would most likely be postponing its Annual General Meeting (AGM) that is scheduled to be held on 30 October, 2014 to a later date so shareholders could vote the same day as the AGM to potentially consider a possible takeover.