Latest news with #profitguidance
Bloomberg
21-05-2025
- Business
- Bloomberg
FTSE 100 Recovers as Pound Stays Higher After Inflation
Currys is now down 0.5%, having reversed its earlier climb which saw its shares hit the highest since December 2021 after it hiked its profit guidance for a third time on the back of 'robust' demand. The electronics retailer has been the FTSE 250's ninth best performer since the year began, climbing 32% as consumer demand has proved resilient. And shares have doubled in value since Currys rejected a takeover offer by investment firm Elliott in February last year which at the time they said 'significantly undervalued' the firm.
Bloomberg
12-05-2025
- Automotive
- Bloomberg
Mazda Withholds Profit Guidance as Suzuki Dodges Trump's Tariffs
Mazda Motor Co. withheld its annual profit guidance after its short-term future, along with most global carmakers, was muddied by US President Donald Trump's trade war. The Japanese automaker's forecast for the fiscal year that will end March 2026 has yet to be determined due to uncertainty over factors including US tariffs on car and car parts, Mazda said Monday, adding that it will announce its expectations when it becomes possible to establish a reasonable projection.
Bloomberg
08-05-2025
- Business
- Bloomberg
Next Raises Guidance Again as UK Customers Buck Economic Gloom
Next Plc raised its profit guidance for the second time this year as stronger-than-expected sales in the UK defied the weak consumer sentiment that's affecting rivals. The British fashion and homewares company now expects £1.08 billion ($1.4 billion) of pretax profit in the year ending January 2026, up from its previous forecast of £1.07 billion, according to a statement Thursday. Next also said it sees full-price sales this year rising 6%, up from its previous guidance of 5%.
