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Magnit, O’Key Report Strong FY Performances

admin1 weeks ago (05-23)21
Magnit, O’Key Report Strong FY Performances
Russian supermarket chains Magnit and O’Key have recorded strong growth in sales and profit for thei…

Russia's X5 Retail Group Q4 profits beat forecasts

admin1 weeks ago (05-23)20
Russia's second-biggest food retailer X5 reported on Thursday a $136 million net profit for the four…

European shares down as Remy‘s profit warning hits drinks sector

admin1 weeks ago (05-23)33
European shares edged lower in early trading on Tuesday, retreating from a one-week high hit the pre…

Portugal's retailer Jeronimo Martins disappoints with Q3 figures

admin1 weeks ago (05-23)28
Jeronimo Martins saw its third-quarter net profit drop by a surprise 3.8% to €115m, a result it blam…

Jerónimo Martins Profits Up, But Halves Colombian Expansion Plans

admin1 weeks ago (05-23)28
Jerónimo Martins Profits Up, But Halves Colombian Expansion Plans
Jerónimo Martins has recorded a net profit of €280 million in the first nine months of the year, whi…

Walmart lowers annual profit forecast after weak Q3

admin1 weeks ago (05-23)33
Wal-Mart Stores Inc., the world’s largest retailer, cut its annual profit forecast for the second ti…

Canadian grocers Loblaw, Metro profits fall as competition intensifies

admin1 weeks ago (05-23)25
Canadian grocers Loblaw, Metro profits fall as competition intensifies
Two big Canadian grocers reported steep declines in quarterly profit on Wednesday in the face of esc…